Meriwest Credit Union

Rated star_ratedstar_ratedstar_ratedstar_normalstar_normal by Credit Guide
Review based on 12 criteria Rating: 3 out of 5

P O Box 530953, San Jose, CA 95153-5353

Website

(408) 972-5222

Data Source: NCUA, December 31, 2016


Meriwest Credit Union was founded in 1961. Headquartered in San Jose, California, Meriwest Credit Union is a state chartered and federally insured credit union, being chartered in California and insured through the National Credit Union Share Insurance Fund (NCUSIF). Meriwest Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Meriwest Credit Union services 75,103 members through its 11 offices and branches and 214 full-time and 1 part-time employees. It has $1,344,502,555 of total assets and $119,439,399 of net worth. Based on its asset size and net worth ratio, Meriwest Credit Union is classified as a Well Capitalized large credit union.

Meriwest Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Meriwest Credit Union also provides an array of services to its members and local communities. Meriwest Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Meriwest Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in California and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of California
Median of USA
Checking
0.0100
0.0000
0.0000
Savings
0.0300
0.1000
0.1200
Money Market
0.0500
0.1900
0.2500
Certificate Deplit
0.1500
0.5500
0.5800
IRA
0.0300
0.4500
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of California
National Median Rates
Credit Cards
n/a
10.0400
9.9900
Unsecured Line of Credits
14.2000
10.9900
10.9500
Short-term Small Amount
n/a
28.0000
25.0000
Student Loans
n/a
5.7500
6.0200
New Car Loans
2.2700
3.0000
3.3300
Used Car Loans
2.9600
3.7400
4.5000
1st Mortgage Real Estates
3.2500
4.0300
4.2500
Other Real Estates
3.4900
4.7400
4.7000

Meriwest Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Meriwest Credit Union.

Electronic Banking Service Offerings

Membership Application
Yes
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
Yes
New Share Account
Yes
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
No
No
View Account History
Yes
No

As a community financial institution, Meriwest Credit Union actively involves in local communities by prliding services such as financial counseling, financial education, financial literacy workshops, and first tim home buyer programs.

Community and other Service Offerings

Financial Counselling
Yes
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
Yes
Student Scholarships
No
Insurance/Investment Sales
Yes
First Time Homebuyer Program
Yes
Chesbro Financial Center
5615 Chesbro Ave
San Jose, CA 95123
Phone:877-637-4937

Corporate Office- San Jose
Main Office

5615 Chesbro Ave
San Jose, CA 95123-3046
Phone:408-972-5222

Cottle Financial Center
5683 Cottle Rd
San Jose, CA 95123
Phone:877-637-4937

Down Town San Jose Financial Center
100 S 2nd St
San Jose, CA 95113-2602
Phone:877-637-4937

Hillsdale Finacial Center
1795 Hillsdale Ave Ste 10
San Jose, CA 95124-3160
Phone:877-637-4937

IBM Almaden Research Center
650 Harry Rd
San Jose, CA 95120
Phone:877-637-4937

IBM Silicon Valley Lab
555 Bailey Ave
San Jose, CA 95141
Phone:877-637-4937

Milpitas Financial Center
117 N Milpitas Blvd
Milpitas, CA 95035
Phone:877-637-4937

Monta Loma Financial Center
580 N Rengstorff Ave
Mountain View, CA 94043-2894
Phone:877-637-4937

Santa Clara Financial Center
2042 El Camino Real
Santa Clara, CA 95050
Phone:408-365-6400

Sunnyvale Financial Center
563 E El Camino Real
Sunnyvale, CA 94087
Phone:877-637-4937

(408) 363-3298

No Review

  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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