Merck Employees Federal Credit Union


126 E Lincoln Ave
Rahway, NJ 07065
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.75% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.25% →
30-Year Mortgage 3.68% 2.72% →
15-Year Mortgage 3.23% 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Merck Employees is an NCUA insured institution located in Rahway, NJ. It was founded in 1936 and has approximately $2348.7 millions in assets.

Who can join?

If you work(ed) for Merck & Co. Inc. or Schering Plough, Inc. or you are a direct family member (parent, sibling, child or grandchild) of someone who has, then you are eligible to join.

NCUA Insured Yes / Federally Chartered
Charter Number # # 1454
Date Established 1936
Assets $2,348.70 million
Loans $167.74 million
Deposits $2,079.20 million
Capital $249.95 million

Field of Membership Restrictions

Membership in Merck Employees Federal Credit Union is open to Merck employees, and the spouse, children, siblings, parents and grandchildren of current and retired employees of Merck.

Deposit Rates - October 28, 2021

Your Current Location: Connecticut, CT 06828

We do not yet have rates for Merck Employees

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Loan Rates - October 28, 2021

Your Current Location: Connecticut, CT 06828

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
3 Year 2.75% 2.75% $724.28
4 Year 3.00% 3.00% $553.36
5 Year 3.25% 3.25% $452.00
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.



Below are Merck Employees branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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Merck Employees Locations

Climate Initiatives

MERCK EMPLOYEES is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Merck Employees Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Merck 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
Merck Employees U.S. Average
0.60% 3.79

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 June 30, 2021, Merck Employees had $1,006,451 in non-current loans and $484,022 in owned assets. To cover these potential losses it had $249,951,189 in net worth and $281,528 in loans loss reserves. That gives it a Texas Ratio of 0.60%.

Net Worth
Merck Employees U.S. Average
10.64% 12.22%

Merck Employees FCU has a net worth of 10.64% versus the BestCashCow average of 12.22. 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 Merck Employees

Branches and Savings

What is Merck Employees?

A federal credit union, registered with the NCUA under certificate #1454.
Learn more about credit unions here.

Is Merck 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. Merck Employees is insured by the NCUA.

Who can join Merck Employees?

Please see Field of Membership information above for information on who is eligible to join.

What are Merck Employees's share account and share certificate rates?

Merck Employees's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Merck Employees?

Merck Employees has total capital of $249.95 million. Full information on Merck Employees's financial position is located above.

Who owns Merck Employees?

Credit Unions are owned by their members.

Where are Merck Employees branches located?

See branch locations nearby.

Are Merck Employees ATMs Open 24/7?

Do Merck Employees ATMs accept cash deposits?

Can Merck Employees customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Merck Employees have a mobile app?

Does Merck Employees have mobile deposit?

Does Merck Employees have quick pay?

How can Merck Employees transfer money to other banks or credit unions?

Does Merck Employees report to credit bureaus?

Does Merck Employees use Chexsystems?

Does Merck Employees use Equifax?

What is Merck Employees's toll free phone number?

What is Merck Employees's ACH Routing Number?

What is Merck Employees's SWIFT code?

Where can I find Merck Employees's wire transfer form?

What is the Merck Employees address for deposits?

What Products Does Merck Employees Offer

Does Merck Employees offer mortgages?

Compare mortgage rates here.

Does Merck Employees offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Merck Employees offer auto and RV loans?

Compare auto loan rates here.

Does Merck Employees offer student loans or personal loans?

Compare personal loan rates here.

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