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
- CAMELS 85/100
- HEALTH 12.5%
- NW 2.09%
- DELQ 0.51%
- ROA $206.9M
- ASSETS 16,017
- MEM #1,959/4,374
- RANK Credit Union of Ohio
- PHOTO 64766
Call Report peers
MERCO in the assets neighbourhood
MERCO's $206.9M assets sit next to Credit Union of Ohio ($206.7M) on the assets neighbourhood; peer NAMES stay, and the masthead VALUES are this credit union's Call Report.
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
MERCO vs every NCUA-scored credit union
Where this credit union's health score sits among every federally insured CU with a scored NCUA 5300 filing
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 - Share Insurance Coverage
Charter #64766's composite supervisory bracket and risk-based capital, as reported in the 2025Q4 NCUA Call Report. See our deposit-insurance coverage note for how NCUSIF protection works.
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%).
Peer averages are NCUA 5300 means for the $100M–$500M cohort (1069 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
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.
In-state ordinals use the live credit_unions table for CA only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
MERCO: 2025Q4 → 2026Q1
MERCO: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +0.1% from $206.9M (2025Q4) to $207.0M (2026Q1).
- Net-worth ratio shifted +0.26 pp (12.25% → 12.51%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
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
Each segment is a pillar's weighted contribution to the composite; widths sum to 85.
- 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 |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $100M–$500M (1069 CUs).
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
Cross-state asset and health neighbours for MERCO - kept outside California; in-state CUs stay in the Nearby block.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($206.9M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (85/100 here).
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
- Rates and health both vary by institution, not just by state -- see how California credit unions compare overall before assuming this one is typical. California state overview
National and state figures are benchmarks built from NCUA 5300 Call Report data, not a recommendation for any individual account decision.
Frequently Asked Questions
Is MERCO financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, MERCO carries a financial health score of 85/100 (Excellent). On the national health ranking (same basis as /rankings/healthiest), it sits at #1,959 of 4,374; by total assets it ranks #1,253 of 4,374 nationally (same basis as /rankings/largest); and #120 of 243 within California. On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 12.51% net worth ratio and a 2.09% delinquency rate.
How does MERCO compare to other credit unions?
MERCO scores 85/100 on PlainCU's health composite, compared to a peer group average for $100M–$500M credit unions. The score is based on five NCUA-reported metrics: net worth ratio (30%), delinquency rate (25%), return on assets (15%), member growth (15%), and loan-to-share ratio (15%).
What is a credit union health score?
A credit union health score is a composite rating (0–100) that combines five financial metrics reported to the NCUA: net worth ratio (capital adequacy), delinquency rate (loan quality), return on assets (profitability), member growth, and loan-to-share ratio (liquidity balance). Scores above 80 indicate excellent financial health; 60–79 is good; 40–59 is fair; below 40 is weak.
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?
Federal credit unions like MERCO are 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."
What rates does MERCO offer compared to banks?
Credit unions like MERCO are not-for-profit cooperatives, which typically allows them to offer higher savings rates and lower loan rates than banks. Nationally, credit unions average 0.25–0.50% lower auto loan rates and 0.10–0.30% higher savings yields. Contact MERCO directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. Credit union figures are computed directly from NCUA quarterly call report data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.