Overview / Commentary
MERCO Credit Union is headquartered in Merced and is the 121st largest credit union in the state of California. It is also the 1,252nd largest credit union in the nation. It was established in 1966 and as of March of 2025, it had grown to 41 employees and 15,527 members at 4 locations. MERCO Credit Union has an A health rating.
Field of Membership Restrictions
Membership is MERCO Credit Union open to those who live, work, worship, or attend school in the California counties of Merced, Mariposa, Madera, or Stanislaus. Family members of a current MERCO Credit Union member who live in California also qualify for membership.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 64766 |
| Year Chartered | 1966 |
| Employees | 41 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 5.89% |
| Return on Equity - YTD | 58.05% |
| Annual Interest Income | $3.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $208.1MM$188.2MM |
| Loans | Q1 2025vs Q1 2024 | $129MM$131.1MM |
| Deposits | Q1 2025vs Q1 2024 | $181.9MM$166.3MM |
| Equity Capital | Q1 2025vs Q1 2024 | $20.8MM$16.8MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $3.8MM$2.9MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.7MM$1.5MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |