Merck Employees Credit Union

Merck Employees Credit Union is headquartered in RAHWAY and is the 2^nd largest credit union in the state of New Jersey. It is also the 82^nd largest credit union in the nation. It was established in 1936 and as of December of 2011, it had grown to 26 employees and 26,054 members. Merck Employees Credit Union's savings rates are 5X the national average, and it boasts a 5-star health rating.

Merck Employees Credit Union Checking Account Rates

Merck Employees Credit Union Savings Account Rates

Data for Q4 2011

Institution Statistics MERCK EMPLOYEES NCUA # 1454 BankRate Report View Year Chartered 1936 Employees 26 Primary Regulator Assets and Liabilities Assets $1.68 billion Loans $256.92 million Deposits $1.51 billion Equity Capital $163.37 million Loan Loss Allowance $928,000 Unbacked Noncurrent Loans $2.69 million Historic Data - December 2010 Assets $1.55 billion Equity Capital $150.31 million Loan Loss Allowance $608,000 Unbacked Noncurrent Loans $2.58 million Profit Margin - Quarterly Net Interest Margin 2.89% Return on Assets 0.63% Return on Equity 6.54% Interest Income $44.96 million Non-Interest Income $1.85 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Merck Employees Credit Union had $2.69 million in non-current loans and owned real-estate with $164.3 million in equity and loan loss allowances on hand to cover it. This gives Merck Employees Credit Union a Texas Ratio of 1.64% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Merck Employees Credit Union held steady from 1.71% as of December 31, 2010 to 1.64% as of December 31, 2011, resulting in a positive change of 4.19%.This indicates that the balance sheet and financial strength for Merck Employees Credit Union has held steady in recent periods. Deposit Growth In the past year, Merck Employees Credit Union has increased its total deposits by $116.95 million, resulting in 8.4% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Merck Employees Credit Union has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Merck Employees Credit Union has $1.68 billion in assets with $164.3 million in equity, resulting in a capitalization level of 9.77%, which is average.

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