2021 Overview
General Credit Union Information
Merced School Employees is an NCUA insured institution located in Merced, CA. It was founded in 1954 and has approximately $651.48 millions in assets.
Who can join?
Our membership consists of all school employees in Merced and Mariposa Counties, MSEFCU and McClatchy Publishing employees, including the list below:
• School Employees of Merced and Mariposa Counties
• UC Merced Employees
• Merced College Employees
• MSEFCU Employees
• McClatchy Publishing Employees
• High School Students of Merced and Mariposa Counties
• UC Merced Students
• Merced College Students (enrolled in 6 units or more)
• Retired School Employees from Merced and Mariposa Counties
• Spouse of a Deceased Primary Member
If you joined the credit union as a primary member, you family and household members may also be eligible for membership:
• Spouse
• Sons and Daughters
• Sons In-Law and Daughters In-Law
• Father and Mother
• Fathers In-Law and Mothers In-Law
• Sisters and Brothers
• Sisters In-Law and Brothers In-Law
• Grandchildren
• Grandparents
• Household Members
| NCUA Insured | Yes / Federally Chartered |
| Charter Number # | # 9119 |
| Date Established | 1954 |
| Assets | $651.48 million |
| Loans | $231.89 million |
| Deposits | $581.47 million |
| Capital | $63.48 million |
Field of Membership Restrictions
Deposit Rates - May 11, 2021
Your Current Location: Connecticut, CT 06828
We do not yet have rates for Merced School Employees
We're working to get deposit rates for every credit union in the world. Please bare with us until we are able to get rates for this credit union.
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Note to Merced School Employees
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Loan Rates - May 11, 2021
Your Current Location: Connecticut, CT 06828
There are currently no loan rates available for MERCED SCHOOL EMPLOYEES
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Connecticut 30 Year Fixed Mortgage Rates 2021
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: |
2.781% | 2.750% | 0.38 | $998 | $1,021 | Learn More |
NMLS ID: 3030 |
3.368% | 3.250% | 1.00 | $3,750 | $1,089 | Learn More |
NMLS ID: 541760 |
2.945% | 2.875% | 0.88 | $2,250 | $1,038 | Learn More |
|
NMLS ID: |
2.781% | 2.750% | 0.38 | $998 | $1,021 | Learn More |
Featured - Connecticut Home Equity Line Of Credit Rates 2021
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
BMO Harris Bank See Table |
Intro APR 1.990 % After Intro: 4.700 % Intro Period: 12 months |
$0 |
Learn More
More Info |
Bethpage Federal Credit Union See Table |
Intro APR 2.990 % After Intro: 3.750 % Intro Period: 12 months |
$25,000 |
Learn More
More Info |
Third Federal Savings and Loan See Table |
2.240 %
|
$0 |
Learn More
More Info |
Note to MERCED SCHOOL EMPLOYEES
To upload and update your bank's rates please register.
It is free to register and add rates.
Branches
Below are Merced School Employees branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Fairfield,Connecticut
Financial Details
Merced School Employees Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Merced School Employees. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| Merced School Employees | U.S. Average |
|---|---|
| 1.96% | 5.40 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of December 31, 2020, Merced School Employees had $1,232,695 in non-current loans and $57,356 in owned assets. To cover these potential losses it had $63,477,557 in net worth and $2,335,804 in loans loss reserves. That gives it a Texas Ratio of 1.96%.
Net Worth
| Merced School Employees | U.S. Average |
|---|---|
| 9.74% | 12.67% |
Merced School Employees FCU has a net worth of 9.74% versus the BestCashCow average of 12.67. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Frequently Asked Questions About Merced School Employees
Branches and Savings
What is Merced School Employees?
A federal credit union, registered with the NCUA under certificate #9119.
Learn more about credit unions here.
Is Merced School Employees FDIC insured?
No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. Merced School Employees is insured by the NCUA.
Who can join Merced School Employees?
Please see Field of Membership information above for information on who is eligible to join.
How big is Merced School Employees?
Merced School Employees has total capital of $63.48 million. Full information on Merced School Employees's financial position is located above.
Who owns Merced School Employees?
Credit Unions are owned by their members.
Where are Merced School Employees branches located?
See branch locations nearby.
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