Meriwest Credit Union is a federally insured state-chartered credit union headquartered in San Jose, California, in business for about 65 years. At the end of Q2 2026 it reported $2.1B in total assets and $1.7B in member shares and deposits, with 14 offices across 4 states.
Based on its Q2 2026 filing, Meriwest Credit Union scores 54/100, which we describe as below average. That is higher than only 11% of 454 credit unions with $1 billion – $10 billion. Among 238 credit unions headquartered in California, it ranks 207th. Its strongest component is problem-loan coverage (86/100; 7.2%), and its lowest is earnings (25/100; 0.11%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 3 points (51 → 54), mostly because the loan quality component improved by 8 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 54 |
| Q3 2024 | 49 |
| Q4 2024 | 55 |
| Q1 2025 | 51 |
| Q2 2025 | 51 |
| Q3 2025 | 50 |
| Q4 2025 | 48 |
| Q1 2026 | 51 |
| Q2 2026 | 54 |
Show as table
| Quarter | Net worth ratio |
|---|---|
| Q2 2024 | 8.78% |
| Q3 2024 | 9.15% |
| Q4 2024 | 9.28% |
| Q1 2025 | 9.18% |
| Q2 2025 | 9.31% |
| Q3 2025 | 9.18% |
| Q4 2025 | 8.94% |
| Q1 2026 | 8.86% |
| Q2 2026 | 9.12% |
Show as table
| Quarter | Delinquent loans (60+ days) |
|---|---|
| Q2 2024 | 0.71% |
| Q3 2024 | 1.45% |
| Q4 2024 | 0.78% |
| Q1 2025 | 1.05% |
| Q2 2025 | 1.05% |
| Q3 2025 | 1.13% |
| Q4 2025 | 1.18% |
| Q1 2026 | 1.02% |
| Q2 2026 | 0.81% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.18% |
| Q3 2024 | 0.27% |
| Q4 2024 | 0.26% |
| Q1 2025 | 0.11% |
| Q2 2025 | 0.09% |
| Q3 2025 | 0.07% |
| Q4 2025 | -0.14% |
| Q1 2026 | 0.03% |
| Q2 2026 | 0.11% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 54 | $2.1B | 9.12% | 0.81% | 0.11% | 93.4% |
| Q1 2026 | 51 | $2.2B | 8.86% | 1.02% | 0.03% | 89.8% |
| Q4 2025 | 48 | $2.1B | 8.94% | 1.18% | -0.14% | 92.8% |
| Q3 2025 | 50 | $2.1B | 9.18% | 1.13% | 0.07% | 96.3% |
| Q2 2025 | 51 | $2.1B | 9.31% | 1.05% | 0.09% | 98.1% |
| Q1 2025 | 51 | $2.1B | 9.18% | 1.05% | 0.11% | 97.8% |
| Q4 2024 | 55 | $2.1B | 9.28% | 0.78% | 0.26% | 99.6% |
| Q3 2024 | 49 | $2.1B | 9.15% | 1.45% | 0.27% | 98.2% |
| Q2 2024 | 54 | $2.2B | 8.78% | 0.71% | 0.18% | 96.3% |
454 peers · $1 billion – $10 billion
How it compares with peers
Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size credit unions in California
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First Entertainment Credit UnionCredit union Hollywood, CA | 60 out of 100, Moderate | $2.1B | 10.1% | 0.71% | vs |
| Caltech Employees Federal Credit UnionCredit union La Canada, CA | 70 out of 100, Strong | $2.1B | 10.1% | 0.02% | vs |
| Financial Partners Credit UnionCredit union Downey, CA | 63 out of 100, Moderate | $2.2B | 9.5% | 0.70% | vs |
| Lbs Financial Credit UnionCredit union Long Beach, CA | 79 out of 100, Strong | $2.2B | 13.1% | 0.61% | vs |
| Monterra Credit UnionCredit union Redwood City, CA | 76 out of 100, Strong | $1.9B | 13.0% | 0.50% | vs |
| Coast Central Credit UnionCredit union Eureka, CA | 74 out of 100, Strong | $2.3B | 12.0% | 0.70% | vs |
Deposit insurance
Is my money safe at Meriwest Credit Union?
Yes. Meriwest Credit Union is a federally insured credit union (NCUA charter #68394). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
An estimated 13.8% of shares and deposits ($234.5M) are above the $250,000 NCUA insurance limit, above the peer median of 9%. Insured balances are protected regardless of the score.
The net worth ratio is 9.12%, above the 7% level regulators use as the "well capitalized" benchmark for this measure.
14 locations
Branches
Meriwest Credit Union lists 14 offices in 11 cities across 4 states. Most locations:
- San Jose, CA (4)
- Allen, TX (1)
- Cupertino, CA (1)
- Denver, CO (1)
- Milpitas, CA (1)
- Morgan Hill, CA (1)
- Mountain View, CA (1)
- Palo Alto, CA (1)
- Redmond, WA (1)
- Santa Clara, CA (1)
- Sunnyvale, CA (1)
Identity & history
Profile
- Legal name
- Meriwest Credit Union
- Type
- Federally insured state-chartered credit union
- NCUA charter #
- 68394
- RSSD ID
- 537681
- Primary regulator
- State + NCUA
- Established
- 1961
- Headquarters
- P O Box 530953, San Jose, CA 95153
- Employees
- 222
Quick answers
Meriwest Credit Union: common questions
Is Meriwest Credit Union NCUA insured?
Yes. Meriwest Credit Union is a federally insured credit union (NCUA charter #68394). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
What is Meriwest Credit Union's TellerScore?
54 out of 100 (Below average), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
How many branches does Meriwest Credit Union have?
14 offices as of the latest NCUA data, in 4 states.
Nearby
Highest-scoring banks and credit unions with branches near San Jose
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Operating Engineers Local Union #3 Federal Credit UnionCredit union Livermore, CA | 92 out of 100, Very strong | $1.7B | 15.5% | 0.60% | vs |
| GBC International BankBank Los Angeles, CA | 83 out of 100, Strong | $658.5M | 15.9% | 0.26% | vs |
| Commonwealth Central Credit UnionCredit union San Jose, CA | 80 out of 100, Strong | $624.9M | 14.2% | 0.41% | vs |
| F3 Credit UnionCredit union San Jose, CA | 80 out of 100, Strong | $236.8M | 18.5% | 1.05% | vs |
| Star One Credit UnionCredit union Sunnyvale, CA | 77 out of 100, Strong | $9.7B | 14.1% | 0.13% | vs |
| 1st United Credit UnionCredit union Pleasanton, CA | 77 out of 100, Strong | $1.3B | 12.2% | 0.25% | vs |