Merced School Employees Federal Credit Union

Overview / Commentary

www.mercedschoolcu.org

209-383-5550

1021 Olivewood Dr
Merced, CA 95348-1218

Merced School Employees Federal Credit Union is headquartered in Merced and is the 77^th largest credit union in the state of California. It is also the 555^th largest credit union in the nation. It was established in 1954 and as of March of 2020, it had grown to 111 employees and 42,755 members at 8 locations. Merced School Employees Federal Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership is open to school employees and high school students of Merced and Mariposa counties. Membership is also open to Merced College employees, UC Merced employees and students, employees of McClatchy Publishing, and family of existing credit union members.
See current membership details

Reviews (1)

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Work At A Bank But Love My Credit Union

Posted by: Anonymous | Sep 30, 2012

I have been a member since 1983. I do most of my banking through the mail and on the phone. When I do go to the credit union I have always received good service. All of the car loans I have had over the last 20 + years have been through the CU, and the service is GREAT.

Comment

Health

A+

Data as of Q1 2020

Learn why bank health matters

Health Grade Components

Overall
NCUA #	9119
Year Chartered	1954
Employees	111
Primary Regulator

Profit Margin
Return on Assets - YTD	0.72%
Return on Equity - YTD	6.1%
Annual Interest Income	$4.0MM

Assets and Liabilities
Assets	Q1 2020vs Q1 2019	$552.6MM$520.6MM
Loans	Q1 2020vs Q1 2019	$221.9MM$211.8MM
Deposits	Q1 2020vs Q1 2019	$487.2MM$466.2MM
Equity Capital	Q1 2020vs Q1 2019	$64.0MM$52.4MM
Loan Loss Allowance	Q1 2020vs Q1 2019	$2.2MM$2.2MM
Unbacked Noncurrent Loans	Q1 2020vs Q1 2019	$520.00K$458.00K
Real Estate Owned	Q1 2020vs Q1 2019	$0$128.00K

Rates

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Savings
Checking
CD
IRA

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Always verify rates and promotions with the bank or credit union. We are not Merced School Employees Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Merced School Employees Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%	$1k	-	Redi-Cash
0.25%	$5	-	IRA Accumulator
0.25%	$5	-	Roth Conversion
0.25%	$5	-	Roth IRA
0.25%	$5	-	Coverdell Ed
0.20%^*	$5k^*	$1000k	HSA Checking - Single
OTHER TIERS: 0.15% → $1 - $5k
0.20%^*	$5k^*	-	HSA Checking - Family
OTHER TIERS: 0.15% → $1 - $5k
0.15%	$5	-	Regular Savings
0.15%	$5	-	Summer Savings
0.15%	$5	-	Irrevocable Trust
0.15%	$5	-	Christmas Club
0.15%	$5	-	Special Savings
0.15%	$5	-	Revocable Trust
0.15%	$5	-	Escrow

Merced School Employees Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$5k	$1000k	Checking

Merced School Employees Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.46%^*	$50k^*	$1000k	5 Year Term Savings
OTHER TIERS: 1.36% → $2k - $50k
1.16%^*	$50k^*	$1000k	4 Year Term Savings
OTHER TIERS: 1.06% → $2k - $50k
1.11%^*	$50k^*	$1000k	3 Year Term Savings
OTHER TIERS: 1.01% → $2k - $50k
0.95%^*	$50k^*	$1000k	2 Year Term Savings
OTHER TIERS: 0.85% → $2k - $50k
0.70%	$2k	-	1 Year Term Savings
0.40%	$2k	-	6 Month Term Savings
0.30%	$2k	-	3 Month Term Savings

Merced School Employees Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.16%^*	$50k^*	$1000k	3 Year IRA Term
OTHER TIERS: 1.06% → $2k - $50k
1.16%^*	$50k^*	-	3 Year ROTH Conversion IRA
OTHER TIERS: 1.06% → $2k - $5k
1.16%^*	$50k^*	$1000k	3 Year Coverdell Education
OTHER TIERS: 1.06% → $2k - $50k
1.16%^*	$50k^*	-	3 Year ROTH IRA
OTHER TIERS: 1.06% → $2k - $5k
0.95%^*	$50k^*	$1000k	2 Year IRA Term
OTHER TIERS: 0.85% → $2k - $50k
0.95%^*	$50k^*	-	2 Year ROTH Conversion IRA
OTHER TIERS: 0.85% → $2k - $5k
0.95%^*	$50k^*	$1000k	2 Year ROTH IRA
OTHER TIERS: 0.85% → $2k - $50k
0.95%^*	$50k^*	$1000k	2 Year Coverdell Education
OTHER TIERS: 0.85% → $2k - $50k
0.70%	$2k	-	1 Year IRA Term
0.70%	$2k	-	1 Year ROTH Conversion IRA
0.70%	$2k	-	1 Year ROTH IRA
0.70%	$2k	-	1 Year Coverdell Education

Locations

Merced School Employees Federal Credit Union Locations
Branch Office	1021 Olivewood Dr	Merced, CA 95348-1218
Branch Office	1450 S Mercey Springs Rd Ste 104	Los Banos, CA 93635
Branch Office	1935 M St	Merced, CA 95340
Branch Office	101 Bellevue Rd	Atwater, CA 95301
Branch Office	205 W Olive Ave	Merced, CA 95348
Branch Office	12961 Le Grand Rd	Le Grand, CA 95333-9737
Branch Office	16881 Schendel Ave	Delhi, CA 95315
Branch Office	2121 E Childs Ave	Merced, CA 95341-9516

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