Meriwest Credit Union

Headquarters

P O Box 530953
San Jose, CA 95153
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 3.50% →
1-Year CD 0.70% 3.70% →
2-Year CD 0.85% 3.80% →
5-Year CD N.A. 4.25% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Meriwest is an NCUA insured institution located in San Jose, CA. It was founded in 1961 and has approximately $2070.38 millions in assets.

Who can join?

You may be eligible to join if...

You live, work, or attend school in select counties within the Greater Bay Area of California, or Tucson, Arizona.

You are an employee of a participating Meriwest Credit Union member company.

You are a relative of or reside with a current member of Meriwest Credit Union.

NCUA Insured Yes / State-Chartered
Charter Number # # 68394
Date Established 1961
Assets $2,070.38 million
Loans $1,542.56 million
Deposits $1,733.62 million
Capital $178.02 million
 

Field of Membership Restrictions

Membership in Meriwest Credit Union is open to those who live, work, or attend school in Alameda, Contra Costa, San Francisco, San Mateo, or Santa Clara Counties in California or Pima County in Arizona.

Deposit Rates - October 1, 2022

Your Current Location: California, CA 92111

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.20% $2,500 $4,999 Learn More
Money Market
0.65% $10,000 $2,999 Learn More
Money Market
0.50% $10,000 $14,999 Learn More
Money Market
0.50% $25,000 $29,999 Learn More
Premium Money Market Account
0.90% $10,000 $14,999 Learn More
Premium Money Market Account
0.90% $25,000 $34,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.45% $10,000 $14,999 Learn More
6 Mo CD
0.45% $100,000 $199,999 Learn More
12 Mo CD
0.70% $10,000 $14,999 Learn More
12 Mo CD
0.70% $100,000 $199,999 Learn More
24 Mo CD
0.85% $10,000 $14,999 Learn More
24 Mo CD
0.85% $100,000 $199,999 Learn More
36 Mo CD
0.95% $10,000 $14,999 Learn More
36 Mo CD
0.95% $100,000 $199,999 Learn More

Loan Rates - October 1, 2022

Your Current Location: California, CA 92111

There are currently no loan rates available for MERIWEST

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



Featured - California 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 413-0477
6.477% 6.375% 0.63 $2,678 $1,560 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
Learn More
Eligibility.org
NMLS ID: 1907
Learn More

Featured - California Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
5.740 %
After Intro: 7.000 %
Intro Period: 12 months
$25,000 Learn More
More Info

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


 

Branches

Below are Meriwest 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:
San Diego,California


Meriwest Locations



Climate Initiatives

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

Financial Details

Meriwest Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Meriwest. 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
Meriwest U.S. Average
3.76% 4.75

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, 2022, Meriwest had $6,658,899 in non-current loans and $349,711 in owned assets. To cover these potential losses it had $178,015,671 in net worth and $8,407,235 in loans loss reserves. That gives it a Texas Ratio of 3.76%.

Net Worth
Meriwest U.S. Average
8.6% 12.28%

Meriwest FCU has a net worth of 8.6% versus the BestCashCow average of 12.28. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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