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 265th largest credit union in the nation. It was established in 1936 and as of December of 2024, it had grown to 18 employees and 24,239 members at 3 locations. Merck Employees Federal Credit Union has an A health rating.
Membership in Merck Employees Federal Credit Union is open to employees and retirees of Merck & Co., Inc., Schering Plough, Inc., or Organon and their immediate family.
See current membership details
Overall | |
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NCUA # | 1454 |
Year Chartered | 1936 |
Employees | 18 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | -0.38% |
Return on Equity - YTD | -3.19% |
Annual Interest Income | $32.5MM |
Assets and Liabilities | ||
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Assets | Q4 2024vs Q4 2023 | $1.85B$1.99B |
Loans | Q4 2024vs Q4 2023 | $211MM$213.5MM |
Deposits | Q4 2024vs Q4 2023 | $1.29B$1.43B |
Equity Capital | Q4 2024vs Q4 2023 | $222.7MM$211.9MM |
Loan Loss Allowance | Q4 2024vs Q4 2023 | $318K$320K |
Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $1.8MM$1.3MM |
Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |
Sorry, we do not have rate data for Merck Employees Federal Credit Union.
Merck Employees Federal Credit Union Locations | ||
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Branch Office | 2778 S East Side Hwy | Elkton, VA 22827-3628 |
Branch Office | 397 Upton Pl | Rahway, NJ 07065-4616 |
Branch Office | 126 E Lincoln Ave | Rahway, NJ 07065-4607 |
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