MERCO Credit Union is headquartered in Merced and is the 144th largest credit union in the state of California. It is also the 1,491st largest credit union in the nation. It was established in 1966 and as of September of 2019, it had grown to 31 employees and 11,124 members at 4 locations. MERCO Credit Union's CD rates are 11% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership is open to anyone who lives in Merced or Mariposa Counties and donate $10 to the Friends of the Library of Merced or the Friends of the Library of Mariposa; employees or retirees of Merced County, the state of California, the U.S. government, or any city, town, or special district paid from or located in Merced County (except the city of Merced).
See current membership details
Data as of Q3 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 64766 |
| Year Chartered | 1966 |
| Employees | 31 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.87% |
| Return on Equity - YTD | 8.62% |
| Annual Interest Income | $3.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $117.7MM$115.5MM |
| Loans | Q3 2019vs Q3 2018 | $69.7MM$60.5MM |
| Deposits | Q3 2019vs Q3 2018 | $105.1MM$104.0MM |
| Equity Capital | Q3 2019vs Q3 2018 | $11.8MM$10.7MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $524.00K$416.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $263.00K$158.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not MERCO Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
MERCO Credit Union Savings Account Rates
MERCO Credit Union Money Market Rates
MERCO Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.12% | $500 | - | Summit Checking | |
| 0.10% | $500 | - | Checking Account | |
| 0.10% | $500 | - | Business Checking |
MERCO Credit Union CD Rates
MERCO Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.50% | $2.5k | - | 5 Year IRA Money Fund | |
| 1.30% | $2.5k | - | 30 Month IRA Mini-Fund | |
| 1.25% | $2.5k | - | 2 Year IRA | |
| 1.05% | $2.5k | - | 1 Year IRA | |
| 0.90% | $1k | - | 6 Month IRA | |
| 0.90% | $2.5k | - | 9 Month IRA |
| MERCO Credit Union Locations | ||
|---|---|---|
| Branch Office | 1655 Bellevue Rd | Atwater, CA 95301-2608 |
| Branch Office | 1911 M ST | Merced, CA 95340-3706 |
| Branch Office | 5011 Coakley Cir | Mariposa, CA 95338 |
| Corporate Office | 815 W 18th St | Merced, CA 95340 |