Merced School Employees Federal Credit Union
Total assets
$897.5M
▲ +8.6% YoY
Shares & deposits
$795.1M
▲ +7.7% YoY
Loans
$304.9M
▼ -1.7% YoY
Members
50,925
▲ +1.7% YoY
ROA (annualized)
1.39%
peers 0.62%
ROE (annualized)
12.11%
peers 5.92%
Peer comparison 284 credit unions with 500M-1B in assets
| Metric | This credit union | Peer median | Δ |
|---|---|---|---|
| Asset growth (YoY) | +8.6% | +4.8% | +3.8 pts |
| Share growth (YoY) | +7.7% | +4.3% | +3.4 pts |
| Loan growth (YoY) | -1.7% | +4.3% | -6.1 pts |
| ROA | 1.39% | 0.62% | +0.8 pts |
| ROE | 12.1% | 5.9% | +6.2 pts |
ROA ranks in the 86th percentile of its peer group · Q1 2026
Profile
- Established
- 1954
- Charter
- FCU
- Primary regulator
- NCUA
- NCUA peer group
- Peer group 6
- Address
- P O Box 1349, Merced, CA, 95341
- NCUA charter #
- 9119
- RSSD ID
- 341682
- Latest call report
- Q1 2026
Total assets last 8 quarters
Members last 8 quarters
Quarterly financials NCUA 5300 call report
| Quarter | Assets | Shares | Loans | Net worth | Net income YTD | ROA | NIM | Delinquency | Members |
|---|---|---|---|---|---|---|---|---|---|
| Q1 2026 | $897.5M | $795.1M | $304.9M | $102.7M | $3.1M | 1.39% | 3.12% | 0.44% | 50,925 |
| Q4 2025 | $859.2M | $757.6M | $310.8M | $99.6M | $10.1M | 1.17% | 3.04% | 0.72% | 50,632 |
| Q3 2025 | $853.9M | $755.7M | $312.3M | $96.7M | $7.2M | 1.13% | 3.01% | 0.62% | 50,449 |
| Q2 2025 | $841.3M | $748.2M | $313.6M | $94.1M | $4.7M | 1.11% | 2.96% | 0.75% | 50,006 |
| Q1 2025 | $826.5M | $738.4M | $310.3M | $91.8M | $2.3M | 1.11% | 2.93% | 0.56% | 50,065 |
| Q4 2024 | $785.0M | $703.1M | $312.7M | $89.5M | $7.6M | 0.96% | 2.81% | 0.69% | 49,688 |
| Q3 2024 | $785.0M | $702.0M | $315.0M | $87.3M | $5.3M | 0.91% | 2.75% | 0.34% | 49,435 |
| Q2 2024 | $776.3M | $700.4M | $313.4M | $84.9M | $3.0M | 0.78% | 2.69% | 0.46% | 48,853 |
Loan mix (Q1 2026): real estate $122.3M · commercial $0 · consumer $177.1M · securities $463.1M
Ratio pack Q1 2026 · peer medians from 284 institutions
Profitability
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Return on assets Annualized net income ÷ assets | 1.39% | 0.62% | 86th | |
Return on equity Annualized net income ÷ equity or net worth | 12.1% | 5.9% | 91th | |
Net interest margin Interest income − interest expense, ÷ assets | 3.12% | 3.48% | 27th | |
Efficiency ratio Operating expense ÷ revenue — lower is leaner | 65.9% | 78.3% | 15th | |
Non-interest income share Fees and other income as a share of total revenue | 00.0% | 00.0% | ||
Cost of funds Annualized interest expense ÷ deposits | 00.0% | 00.0% |
Balance sheet
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Loan-to-deposit Loans ÷ deposits (shares). Above ~90% needs funding; below ~60% needs loan demand | 00.0% | 00.0% | ||
Loans-to-assets How much of the balance sheet is lent out | 00.0% | 00.0% | ||
Securities-to-assets Investment portfolio as a share of assets | 00.0% | 00.0% | ||
Cash-to-assets On-balance-sheet liquidity | 00.0% | 00.0% |
Capital
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Capital ratio Tier 1 capital (banks) or net worth (CUs) ÷ assets. NCUA well-capitalized line: 7% | 00.0% | 00.0% |
Credit quality
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Nonperforming / delinquency Banks: nonperforming assets ÷ assets. CUs: 60+ day delinquent loans ÷ loans | 00.0% | 00.0% | ||
Net charge-off rate Annualized charge-offs net of recoveries ÷ loans | 00.0% | 00.0% | ||
CRE concentration Commercial real estate loans ÷ capital. Regulators flag banks above 300% | 00.0% | 00.0% |
Franchise
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Loans per member Member borrowing depth | 00.0% | 00.0% | ||
Deposits per member Member relationship depth | 00.0% | 00.0% |
12 more ratios, with trends and peer percentiles.
See Pro plan →The full ratio pack is part of CharterBench Pro.
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