Merco Credit Union

  • +1

A short history of Merco CU

Since its inception in 1966 the Merco Credit Union has been serving its members in the Merced, California area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Michael Malone, the Merco CU has grown its membership to over 10,159 with assets of more than $109,291,720. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (209) 723-4285 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Merced, CA.

General Information For Merco CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 64766
Address PO Box 2955 
City Merced 
State California 
Zip-Code 95344
Phone Number (209) 723-4285
Fax Number (209) 354-4005
Email Address:
CEO/President Michael Malone
Members 10,159 
Full-Time Employees 32 
Part-Time Employees
Number of Branch Offices
Total Assets 109,291,720 

Compare Merco Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Merced Municipal Employees CU Office 725 W 18th St 95340 (209) 385-6872 No 0.26
Merced School Employees CU MSEFCU M St. 1935 M St 95341 (209) 385-3330 No 1.12
Rolling F CU ROLLING F CREDIT UNION 2101 GEER RD STE 401 95382 (209) 634-2911 No 24.84

Merco Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Merco Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 11.25 3.04 3.04 4.35 4.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 362 150 97 186 200
Rank Among All California Credit Unions 81 58 44 80 57

Merco Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.05 0.12 0.40 0.10
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 143 132 284 283
Rank Among All California Credit Unions 24 45 44 83 89
Merco Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.2501,4773,008,139
All Other Unsecured Loans/Lines of Credit 11.7507932,347,982
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.0404049,241,437
Used Vehicle Loans 3.0401,60719,298,810
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.35012311,570,872
Total Other Real Estate Loans/Lines of Credit 4.75021300,881
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.55043190,462
TOTAL LOANS & LEASES 4,46845,958,583

Merco Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 638,135,23241,015,280
    b. 15 Years or less 603,435,6403569,080
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 21300,881125,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 14411,871,75381,609,360


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Merco Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes