State credit union · Merced, California · NCUA charter #64766
MERCO
Health score 85/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 85
- Health / 100
- $206.9M
- Total assets
- 16,017
- Members
- 12.5%
- Net-worth ratio
MERCO scores 85/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $206.9M; members 16,017; net-worth ratio 12.51%; health rank #1,959 of 4,374; healthier than 54th of scored peers.
NCUA 5300 Call Report masthead
NCUA 5300 Call Report Masthead
#1,959 of 4,374 health · 2025Q4MERCO · health 85/100 · $206.9M · 2025Q4
Call Report peers
MERCO in the assets neighbourhood
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MERCO vs every NCUA-scored credit union
MERCO sits in the busiest band, 85-89, alongside 857 other credit unions.
85 Top 46% higher than 54% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
MERCO vs $100M–$500M peers
- Net Worth Ratio leads the peer set - 12.51% here, 12.11% peer average (+0.40 pp).
- Widest shortfall vs peers is Loan-to-Share Ratio: -3.64 pp (68.56% vs 72.20%).
California standing for MERCO
- Health composite ranks #116 of 243 among scored California credit unions.
- California assets place: #120 of 243.
- California membership ordinal: #109 of 243.
- One place up in California, SAG-AFTRA (#115) ties at 85/100; one place down, First U.S. Community (#117) ties at 85/100.
MERCO: 2025Q4 → 2026Q1
MERCO: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +0.1% from $206.9M (2025Q4) to $207.0M (2026Q1).
- Net-worth ratio shifted +0.26 pp (12.25% → 12.51%).
This credit union's 12.51% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 85/100 score is built
MERCO gives up 15 points in total. Delinquency Rate costs the most, 13.1 of its 25; Net Worth Ratio and Return on Assets score full marks.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 11.9 pts
- Return on Assets 15.0 pts
- Member Growth 13.4 pts
- Loan-to-Share Ratio 14.7 pts
MERCO vs peer ratios
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 12.51% | +0.40 pp |
| Delinquency Rate | 2.09% | +1.20 pp |
| Return on Assets | 0.51% | -0.11 pp |
| Member Growth | 3.63% | - |
| Loan-to-Share Ratio | 68.56% | -3.64 pp |
Peer averages: $100M–$500M cohort, 1069 credit unions, 2025Q4 filing.
MERCO filing history
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $207.0M | - |
| 2025Q4 | $206.9M | 16,017 |
| 2024Q4 | $201.2M | 15,456 |
| 2023Q4 | $185.5M | 14,250 |
Credit Union Details
- Charter Number
- 64766
- Type
- State
- Field of Membership
- Other
- Peer Group
- $100M–$500M
- State
- California
- City
- Merced
- Data Quarter
- 2025Q4
Branch Locations (4)
MERCO operates 4 offices across 3 cities, per its most recent NCUA branch filing.
| Office | City |
|---|---|
| Merced Main (Main Office) | Merced, CA |
| Atwater Branch | Atwater, CA |
| Mariposa Branch | Mariposa, CA |
| Accounting/Admin Office | Merced, CA |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in California
More federally-insured credit unions based in California, ordered by peer group match and asset size.
Cross-state Call Report peers for MERCO
Similar total assets
Similar health score
Using this data
- MERCO ranks #1,959 of 4,374 nationally on financial health and #116 of 243 in CA -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Priority One is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Priority One
Frequently Asked Questions
Is MERCO financially healthy?
MERCO has a financial health score of 85/100 (Excellent) from its 2025Q4 NCUA 5300 Call Report. It ranks #1,959 of 4,374 nationally on health and #116 of 243 in California. Its net worth ratio is 12.51% and its delinquency rate 2.09%.
How does MERCO compare to other credit unions?
MERCO scores 85/100, higher than 54% of the 4,374 scored credit unions. Against the 1069 peers in the $100M–$500M cohort, its widest edge is net worth ratio (12.51% vs 12.11%). Its widest shortfall is loan-to-share ratio (68.56% vs 72.20%).
How can I join MERCO?
Membership eligibility for MERCO depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact MERCO directly for current membership requirements and application steps.
Is my money safe at MERCO?
MERCO is a state-chartered credit union; its shares are federally insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. MERCO's net worth ratio of 12.51% exceeds the 7% threshold NCUA considers "well capitalized."
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.