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Merck Employees Federal Credit Union

Merck Employees Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.00%SavingsRegular Share Accounts
0.50%CheckingShare Draft w/ e-statement
0.13%CheckingShare Drafts

Overview / Commentary
732-594-4046
126 E LINCOLN AVE
RAHWAY, NJ 07065-4607

Merck Employees Federal Credit Union is headquartered in RAHWAY and is the 2nd largest credit union in the state of New Jersey. It is also the 119th largest credit union in the nation. It was established in 1936 and as of June of 2017, it had grown to 23 employees and 25,594 members at 5 locations. Merck Employees Federal Credit Union's savings rates are 92% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Merck Employees Federal Credit Union is open to Merck employees, and the spouse, children, siblings, parents and grandchildren of current and retired employees of Merck.
See current membership details

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Health

Health Grade Components

Overall
NCUA #1454
Year Chartered1936
Employees23
Primary Regulator
Profit Margin
Return on Assets - YTD0.42%
Return on Equity - YTD3.93%
Annual Interest Income$16.5MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$2.00B$1.97B
LoansQ2 2017vs Q2 2016$172.1MM$189.4MM
DepositsQ2 2017vs Q2 2016$1.77B$1.74B
Equity CapitalQ2 2017vs Q2 2016$215.9MM$217.2MM
Loan Loss AllowanceQ2 2017vs Q2 2016$474.00K$559.00K
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$2.4MM$1.4MM
Real Estate OwnedQ2 2017vs Q2 2016$0$99.00K
Rates
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Merck Employees Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.14%$200-IRA Account
1.00%$50-Regular Share Accounts

Merck Employees Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%--Share Draft w/ e-statement
0.13%--Share Drafts
Locations


Merck Employees Federal Credit Union Locations
Branch Office1 MERCK DRWHITEHOUSE STATION, NJ 08889
Branch Office397 UPTON PLRAHWAY, NJ 07065-4616
Branch Office126 E LINCOLN AVERAHWAY, NJ 07065-4607
Branch Office2000 GALLOPING HILL RDKENILWORTH, NJ 07033
Branch Office2778 S EAST SIDE HWYELKTON, VA 22827-3628