Meriwest Credit Union is headquartered in San Jose and is the 32nd largest credit union in the state of California. It is also the 227th largest credit union in the nation. It was established in 1961 and as of June of 2024, it had grown to 222 employees and 79,524 members at 15 locations. Meriwest Credit Union has a B health rating.
Membership in Meriwest Credit Union is open to those who live, work, or attend school in the Northern California counties of Alameda, Contra Costa, San Francisco, San Mateo, or Santa Clara, or Pima County, Arizona.
See current membership details
Overall | |
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NCUA # | 68394 |
Year Chartered | 1961 |
Employees | 222 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.18% |
Return on Equity - YTD | 2.44% |
Annual Interest Income | $48.7MM |
Assets and Liabilities | ||
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Assets | Q2 2024vs Q2 2023 | $2.17B$2.31B |
Loans | Q2 2024vs Q2 2023 | $1.66B$1.81B |
Deposits | Q2 2024vs Q2 2023 | $1.73B$1.79B |
Equity Capital | Q2 2024vs Q2 2023 | $158.4MM$149.4MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $12.8MM$9.2MM |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $11.8MM$17.3MM |
Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
Rates for Meriwest Credit Union are currently being reviewed.