Merck Employees Federal Credit Union


Overview / Commentary
732-594-3317
126 E Lincoln Ave
Rahway, NJ 07065

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.

Field of Membership Restrictions

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

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Health

Health Grade Components

Overall
NCUA #1454
Year Chartered1936
Employees18
Primary Regulator
Profit Margin
Return on Assets - YTD-0.38%
Return on Equity - YTD-3.19%
Annual Interest Income$32.5MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$1.85B$1.99B
LoansQ4 2024vs Q4 2023$211MM$213.5MM
DepositsQ4 2024vs Q4 2023$1.29B$1.43B
Equity CapitalQ4 2024vs Q4 2023$222.7MM$211.9MM
Loan Loss AllowanceQ4 2024vs Q4 2023$318K$320K
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$1.8MM$1.3MM
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates

Sorry, we do not have rate data for Merck Employees Federal Credit Union.

Locations


Merck Employees Federal Credit Union Locations
Branch Office2778 S East Side HwyElkton, VA 22827-3628
Branch Office397 Upton PlRahway, NJ 07065-4616
Branch Office126 E Lincoln AveRahway, NJ 07065-4607

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