Meriwest Credit Union

5615 Chesbro Avenue
San Jose, CA 95123
877-637-4937
www.meriwest.com

NCUA

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Meriwest Credit Union is headquartered in San Jose and is the 34^th largest credit union in the state of California. It is also the 189^th largest credit union in the nation. It was established in 1961 and as of December of 2012, it had grown to 188 employees and 70,946 members. Meriwest Credit Union has a 4-star health rating.

Meriwest Credit Union Routing Number: 321176833

4.20% 60-Month CD & 4.10% 48-Month CD at Meriwest Credit Union in CA & AZ - 1/7/2009

Meriwest Credit Union is offering two competitive long-term share certificates: 4.20% APY 60-month and 4.10% APY 48-month. Minimum deposit is $1,000. These rates are this credit union's promotional page as of 1/07/09. Membership is open to those who...

4.30% 11-Month CD at a CA/AZ Credit Union (Meriwest) - 8/28/2008

Meriwest Credit Union is offering a special 11-month certificate with a yield of 4.30% APY. The minimum deposit is $1,000. New money is required.Field of membership includes those who live, work or study in Santa Clara, Alameda, Contra Costa, San Mateo...

7.50% 12-Month CD at a California CU - $1K Max - Also a $100 Checking Bonus (Meriwest) - 4/20/2008

Meriwest Credit Union is has two nice promotions. One is a special share certificate with a yield of 7.50% APY and a term of 12 months. The minimum and maximum deposit is $1,000. New membership and checking account are required. Existing members may open...

$100 Checking Account Bonus at a California CU (Meriwest) - 10/18/2007

Meriwest Credit Union is having a checking account promotion. The credit union will pay you $25 for opening a new checking account and $75 for signing up for monthly direct deposit of $500 or more. The Free Checking qualifies. Some important terms of...

2007

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See Rates for: Checking | Savings | Money Market | CD

Meriwest Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.01%	$100	-	Smart Checking

Meriwest Credit Union Savings Account Rates

Apy	Min	Max	Product
0.10%	$100	-	Business Savings
0.05%	$100	-	You Name It Savings
0.03%	$100	-	Regular Savings/Membership Accounts
0.03%	$100	-	Youth Accounts
0.03%	$100	-	Special Savings Accounts
0.03%	$100	-	Custodial/Trust Accounts
0.03%	$100	-	IRA Savings
0.03%	$100	-	Keogh Accumulative
0.03%	$100	-	Holiday Club Account

Meriwest Credit Union Money Market Rates

Apy	Min	Max	Product
0.15%	$250k	-	Money Market Account
0.15%	$250k	-	Business Money Market Account

Meriwest Credit Union CD Rates

Apy	Min	Max	Product
1.00%	$1k	-	5 Years Pick-A-Term Share Certificate
1.00%	$1k	-	5 Years Pick-A-Term Share Business Certificate
0.75%	$1k	-	4 Years Pick-A-Term Share Certificate
0.75%	$1k	-	4 Years Pick-A-Term Share Business Certificate
0.50%	$1k	-	3 Years Pick-A-Term Share Certificate
0.50%	$1k	-	3 Years Pick-A-Term Share Business Certificate
0.30%	$1k	-	2 Years Pick-A-Term Share Certificate
0.30%	$1k	-	2 Years Pick-A-Term Share Business Certificate
0.15%	$1k	-	1 Year Pick-A-Term Share Certificate
0.15%	$1k	-	1 Year Pick-A-Term Share Business Certificate
0.10%	$10k	$10k	5-Month Liquid Certificate
0.10%	$1k	-	6 Months Pick-A-Term Share Certificate
0.10%	$10k	$10k	5-Month Liquid Business Certificate
0.10%	$1k	-	6 Months Pick-A-Term Share Business Certificate
0.05%	$1k	-	1 Month Pick-A-Term Share Certificate
0.05%	$1k	-	2 Months Pick-A-Term Share Certificate
0.05%	$1k	-	3 Months Pick-A-Term Share Certificate
0.05%	$1k	-	1 Month Pick-A-Term Share Business Certificate
0.05%	$1k	-	2 Months Pick-A-Term Share Busniness Certificate
0.05%	$1k	-	3 Months Pick-A-Term Share Business Certificate

Rates updated: 5/22/2013

Data for Q4 2012

Institution Statistics

MERIWEST
NCUA #	68394
BankRate Report	View
Year Chartered	1961
Employees	188
Primary Regulator
Assets and Liabilities
Assets	$1.04 billion
Loans	$601.78 million
Deposits	$936.80 million
Equity Capital	$76.01 million
Loan Loss Allowance	$15.10 million
Unbacked Noncurrent Loans	$11.70 million
Real Estate Owned	$2.95 million
Historic Data - December 2011
Assets	$1.07 billion
Equity Capital	$69.25 million
Loan Loss Allowance	$23.50 million
Unbacked Noncurrent Loans	$30.17 million
Real Estate Owned	$5.21 million
Profit Margin - Quarterly
Net Interest Margin	4.23%
Return on Assets	0.74%
Return on Equity	10.16%
Interest Income	$32.27 million
Non-Interest Income	$14.11 million

Institution Health

Overall Score:

4 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, 2012 Meriwest Credit Union had $14.65 million in non-current loans and owned real-estate with $91.11 million in equity and loan loss allowances on hand to cover it. This gives Meriwest Credit Union a Texas Ratio of 16.08% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Meriwest Credit Union decreased significantly from 38.14% as of December 31, 2011 to 16.08% as of December 31, 2012, resulting in a positive change of 57.85%.This indicates that the balance sheet and financial strength for Meriwest Credit Union has improved significantly in recent periods.
Deposit Growth
In the past year, Meriwest Credit Union has increased its total deposits by $714,000, resulting in 0.08% 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 Meriwest Credit Union has shown is average.
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. Meriwest Credit Union has $1.04 billion in assets with $91.11 million in equity, resulting in a capitalization level of 8.74%, which is average.