Merced School Employees Federal Credit Union

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A short history of Merced School Employees FCU

Since its inception in 1954 the Merced School Employees Federal 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 Nancy Deavours, the Merced School Employees FCU has grown its membership to over 38,278 with assets of more than $485,998,171. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (209) 383-5550 or email them at none 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 Merced School Employees FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 9119
Address P O BOX 1349 
City MERCED 
State California 
Zip-Code 95341
Phone Number (209) 383-5550
Fax Number (209) 383-4259
Email Address: none
CEO/President Nancy Deavours
Members 38,278 
Full-Time Employees 92 
Part-Time Employees 19 
Number of Branch Offices 6 
Total Assets 485,998,171 
Website http://mercedschoolcu.org 

Compare Merced School Employees Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Merced Municipal Employees CU Office 725 W 18th St 95340 (209) 385-6872 No 4.04
Merco CU Merced Main 1911 M ST 95344 (209) 723-4285 No 4.10
Rolling F CU ROLLING F CREDIT UNION 2101 GEER RD STE 401 95382 (209) 634-2911 No 27.03

Merced School Employees Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Merced School Employees Federal 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 10.75 4.00 4.00 4.00 6.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 320 282 203 138 341
Rank Among All California Credit Unions 69 112 88 52 108

Merced School Employees Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.01 0.05 0.15 0.75 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 140 143 124 215 283
Rank Among All California Credit Unions 30 45 40 56 89
Merced School Employees Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.75013,73919,242,310
All Other Unsecured Loans/Lines of Credit 12.0002,8588,161,253
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.0001,13626,500,199
Used Vehicle Loans 4.0003,95854,352,906
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.00050147,040,620
Total Other Real Estate Loans/Lines of Credit 6.0001353,472,200
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.0002693,349,047
TOTAL LOANS & LEASES 22,596162,118,535

Merced School Employees Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 12914,974,911213,289,450
    b. 15 Years or less 30219,280,937202,511,788
Balloon/Hybrid
    a. > 15 years 6011,473,31100
    b. 15 Years or less 101,311,46100
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 922,324,7815198,500
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 431,147,419528,293
Open-End Fixed Rate 0000
TOTALS 63650,512,820516,028,031

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

Merced School Employees Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
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 Yes
Home Banking Via Internet Website Yes