Since 1954, MERCO Credit Union has provided a wide range of personalized financial services to Valley-area residents. MERCO is a local, non-profit, member-owned Community Development Financial Institution (CDFI).
As a CDFI, MERCO Credit Union seeks to provide fair, responsible financing to all members of our community, including those that mainstream finance doesn’t traditionally reach. Where others see risk, we see opportunity. Our purpose is to make a difference in our members and in our community.
We serve over 12,000 people and provide superior products and services to meet your family’s needs for convenience and financial health.
MERCO Credit Union is also rated "superior" by Bauer Financial, an independent agency that evaluates the financial strength of financial institutions.
The MERCO Mission
Advancing financial inclusion, security, and sustainability, ensuring financial well-being for all.
What is a Credit Union?
A Credit Union is a not-for-profit financial institution whose main goal is to satisfy the financial needs of its members. Unlike banks, whose primary purpose is to provide a profit for their shareholders, Credit Unions are “member owned” and operated. Our Board of Directors are unpaid volunteers and members of our community. A Credit Union is more concerned about doing what is best for its’ members while at the same time providing unmatched service and value.
This means that excess earnings are returned to the Credit Union members in the form of lower interest rates on loans, higher yields on savings and certificate accounts or in the form of new products and services. In short, when you save, borrow and invest with your Credit Union, it directly benefits you.
As a credit union member, you can take advantage of many different types of financial services including consumer loans, home loans, credit cards, savings accounts, certificates, checking accounts and electronic banking programs, such as Internet Banking and Bill Pay.
We are a state-chartered credit union insured by the National Credit Union Administration (NCUA). NCUA insures funds deposited at the credit union to at least $250,000 per account holder.
How Can I Join?
Joining MERCO Credit Union is easy. To become a member, you must be one of the following:
- Anyone who lives, works, worships, or goes to school in Merced, Mariposa, Madera, Fresno, or Stanislaus Counties.
- Family member of an existing MERCO Credit Union account holder and residing in California.
To join MERCO Credit Union, call, visit one of our branch offices and request a membership application, or simply click the "Become a Member" button below. Once you complete this simple application, all you’ll pay is a one-time membership fee of $5 (plus a required deposit of $5 to a savings account) and you’ll receive immediate access to MERCO Credit Union’s convenient, money-saving products and services.
Become a Member