2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 64766
Date Established 1966
Assets $117.36 million
Loans $65.32 million
Deposits $105.28 million
Capital $11.32 million

Merco is an NCUA insured institution located in Merced, CA. It was founded in 1966 and has approximately $117.36 millions in assets.

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).

Deposit Rates - September 14, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.20% $2,500 $7,499 Learn MoreShow Less
Money Market
0.25% $7,500 - Learn MoreShow Less
Premium Money Market Account
0.10% $1 $19,999 Learn MoreShow Less
Premium Money Market Account
0.25% $20,000 $49,999 Learn MoreShow Less
Fixed IRA
1.05% $2,500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.85% $1,000 - Learn MoreShow Less
12 Mo CD
1.00% $2,500 - Learn MoreShow Less
24 Mo CD
1.20% $2,500 - Learn MoreShow Less
30 Mo CD
1.25% $2,500 - Learn MoreShow Less
60 Mo CD
1.45% $2,500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.15% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $500 - Learn MoreShow Less

Loan Rates - September 14, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for MERCO

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: MC-3098
3.751% 3.750% 0.00 $25 $1,158 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info

Note to MERCO
To upload and update your bank's rates please register. It is free to register and add rates.


Below are Merco 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:

Merco Locations

Financial Details

Merco Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Merco. 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
Merco U.S. Average
1.69% 6.77

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 March 31, 2019, Merco had $183,962 in non-current loans and $15,072 in owned assets. To cover these potential losses it had $11,317,733 in net worth and $451,211 in loans loss reserves. That gives it a Texas Ratio of 1.69%.

Net Worth
Merco U.S. Average
9.78% 13.47%

Merco FCU has a net worth of 9.78% versus the BestCashCow average of 13.47. 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 Merco

Branches and Savings

What is Merco?

A federal credit union, registered with the NCUA under certificate #64766.
Learn more about credit unions here.

Is Merco FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Merco?

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

What are Merco's share account and share certificate rates?

Merco'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 Merco?

Merco has total capital of $11.32 million. Full information on Merco's financial position is located above.

Who owns Merco?

Credit Unions are owned by their members.

Where are Merco branches located?

See branch locations nearby.

Are Merco ATMs Open 24/7?

Do Merco ATMs accept cash deposits?

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

Does Merco have a mobile app?

Does Merco have mobile deposit?

Does Merco have quick pay?

How can Merco transfer money to other banks or credit unions?

Does Merco report to credit bureaus?

Does Merco use Chexsystems?

Does Merco use Equifax?

What is Merco's toll free phone number?

What is Merco's ACH Routing Number?

What is Merco's SWIFT code?

Where can I find Merco's wire transfer form?

What is the Merco address for deposits?

What Products Does Merco Offer

Does Merco offer mortgages?

Compare mortgage rates here.

Does Merco offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Merco offer auto and RV loans?

Compare auto loan rates here.

Does Merco offer student loans or personal loans?

Compare personal loan rates here.

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