State credit union · SAN JOSE, California · NCUA charter #68394
Meriwest
Health score 72/100 (Very Good) - from the NCUA 5300 Call Report, 2025Q4.
- 72
- Health / 100
- $2.14B
- Total assets
- 77,317
- Members
- 7.8%
- Net-worth ratio
Meriwest - Share Insurance Coverage
Composite supervisory bracket and risk-based capital, read from the 2025Q4 NCUA Call Report for charter #68394. See our deposit-insurance coverage note.
Meriwest - Five Health Pillars
Below, five 0-100 sub-scores, one per pillar of the composite. Weight and sum them and the result matches the headline health score above exactly - same NCUA 5300 figures, no normalisation tricks.
- Capital (net worth ratio)82
- Asset quality (delinquency)75
- Earnings (ROA)76
- Member growth27
- Liquidity (loan-to-share)92
Weighted composite: 72/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
At 7.81%, this credit union is above the 7.0% NCUA well-capitalized threshold under PCA rules.
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 7.81% | 30% |
| Delinquency Rate | 1.18% | 25% |
| Return on Assets | 0.26% | 15% |
| Member Growth | -2.73% | 15% |
| Loan-to-Share Ratio | 92.76% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: Over $500M (749 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $2.14B | 77,317 |
| 2024Q4 | $2.10B | 79,486 |
| 2023Q4 | $2.19B | 80,393 |
Credit Union Details
- Charter Number
- 68394
- Type
- State
- Field of Membership
- Other
- Peer Group
- Over $500M
- State
- California
- City
- SAN JOSE
- Data Quarter
- 2025Q4
What This Data Says About Meriwest
Meriwest is a state credit union headquartered in SAN JOSE, California, serving 77,317 members with $2.14B in total assets and $1.61B in outstanding loans as of Q4 2025. Based on its five-factor composite, the institution earns a health score of 72/100 (Very Good), anchored by a net worth ratio of 7.81% - above the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. Charter #68394 operates under peer group Over $500M, a cohort of 749 similarly-sized institutions.
Two more numbers round out the picture: a 1.18% delinquency rate (loans 60+ days past due against the total book) - the peer group average for Over $500M credit unions sits at 0.874%, so this institution is running looser than peers - and a 92.76% loan-to-share ratio, above the 80% band that can indicate tighter liquidity management. Return on assets stands at 0.26% on net income of $5.5M for the period; a not-for-profit cooperative typically runs a modest positive ROA, returning surplus to members through better rates and lower fees rather than to shareholders.
Year-over-year membership changed by -2.73%. All of the above reflects the 2025Q4 quarterly NCUA 5300 Call Report. Who can join depends on the field of membership (currently: Other); our disclaimer covers NCUSIF deposit-insurance coverage and how to use this data responsibly.
Nearby Credit Unions in California
Other federally-insured credit unions in California, closest first by peer group and asset size.
Sources & disclaimer
Source: NCUA 5300 Call Report, Q4 2025. Source: NCUA Share Insurance Fund (NCUSIF), federal deposit insurance up to $250,000. Not affiliated with NCUA. For informational purposes only.
Frequently Asked Questions
Is Meriwest financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, Meriwest carries a financial health score of 72/100 (Very Good). On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 7.81% net worth ratio and a 1.18% delinquency rate.
How does Meriwest compare to other credit unions?
72/100 is Meriwest's score on PlainCU's health composite, compared to a peer group average for Over $500M credit unions, built from five weighted NCUA metrics - net worth ratio at 30%, delinquency rate at 25%, return on assets at 15%, member growth at 15%, and loan-to-share ratio at 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 Meriwest?
Membership eligibility for Meriwest depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Meriwest directly for current membership requirements and application steps.
Is my money safe at Meriwest?
Federal credit unions like Meriwest 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. Meriwest's net worth ratio of 7.81% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Meriwest offer compared to banks?
Credit unions like Meriwest 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 Meriwest directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Read our methodology - how this data is sourced, computed, and verified.
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.