Merck Employees Federal Credit Union


Overview / Commentary
732-594-4046
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 175th largest credit union in the nation. It was established in 1936 and as of June of 2022, it had grown to 24 employees and 25,013 members at 4 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

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health

Health Grade Components

Overall
NCUA #1454
Year Chartered1936
Employees24
Primary Regulator
Profit Margin
Return on Assets - YTD0.4%
Return on Equity - YTD4.67%
Annual Interest Income$19.8MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$2.42B$2.35B
LoansQ2 2022vs Q2 2021$196.4MM$167.7MM
DepositsQ2 2022vs Q2 2021$2.20B$2.08B
Equity CapitalQ2 2022vs Q2 2021$210.0MM$261.7MM
Loan Loss AllowanceQ2 2022vs Q2 2021$270.00K$282.00K
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$944.00K$1.1MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for Merck Employees Federal Credit Union are currently being reviewed.

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
Branch Office2000 Galloping Hill RdKenilworth, NJ 07033

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.