Credit Union Safety Analysis
Is Merced School Employees Federal Credit Union Safe? Merced, California
Based on its Q2 2026 NCUA 5300 call report, Merced School Employees Federal Credit Union has a net worth ratio of 11.76%, at the NCUA level for well capitalized, its 60-day delinquency ratio is 0.44%, and its shares are NCUA insured up to $250,000 per member.
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Short answer
On its Q2 2026 NCUA 5300 call report, Merced School Employees Federal Credit Union's net worth ratio is 11.76%, above the 7% NCUA threshold for well capitalized.
- Net worth ratio (Q2 2026): 11.76%
- Delinquency ratio (60+ days) (Q2 2026): 0.44%
- Return on assets (Q2 2026): 1.35%
- Loan-to-share ratio (Q2 2026): 38.42%
Merced School Employees Federal Credit Union (NCUA charter 9119, established 1954) reported $899.0M in assets and 50,714 members for Q2 2026 from Merced, California. It ranks 71 of 238 credit unions in California by total assets. Total assets grew 6.9% from $841.3M on June 30, 2025. It has 708 more members than on June 30, 2025 (+1.4%). Its net worth ratio was up 0.57 percentage points from 11.19% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $124.9M of $306.2M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.44% is below the 0.68% median of the 1,338 credit unions with $100M to $1B in assets for Q2 2026.
Data as of · sourced from NCUA 5300 call reports. How we update
Scorecard by dimension
Median of the 1,341 credit unions with $100M to $1B in assets: 11.43%; middle half of peers: 9.81% to 13.58%.
Earlier filings: 11.44% for Q1 2026; 11.19% for Q2 2025.
Median of the 1,338 credit unions with $100M to $1B in assets: 0.68%; middle half of peers: 0.39% to 1.12%.
Earlier filings: 0.44% for Q1 2026; 0.75% for Q2 2025.
Median of the 1,338 credit unions with $100M to $1B in assets: 0.81%; middle half of peers: 0.43% to 1.23%.
Earlier filings: 1.39% for Q1 2026; 1.12% for Q2 2025.
Median of the 1,341 credit unions with $100M to $1B in assets: 75.66%; middle half of peers: 62.05% to 86.41%.
Earlier filings: 38.35% for Q1 2026; 41.91% for Q2 2025.
Loans by type, Q2 2026
- 1- to 4-family residential and other consumer real estate loans: $124.9M
- Used vehicle loans: $94.4M
- New vehicle loans: $37.8M
- Other unsecured loans and lines of credit: $23.6M
- Unsecured credit card loans: $19.8M
- Other secured non-real estate loans and lines of credit: $5.6M
Scored ratios by quarter
| Quarter | Total assets | Net worth ratio | Delinquency | ROA | Loan-to-share |
|---|---|---|---|---|---|
| June 30, 2026 | $899.0M | 11.76% | 0.44% | 1.35% | 38.42% |
| March 31, 2026 | $897.5M | 11.44% | 0.44% | 1.39% | 38.35% |
| December 31, 2025 | $859.2M | 11.59% | 0.72% | 1.33% | 41.03% |
| September 30, 2025 | $853.9M | 11.32% | 0.62% | 1.19% | 41.33% |
| June 30, 2025 | $841.3M | 11.19% | 0.75% | 1.12% | 41.91% |
| March 31, 2025 | $826.5M | 11.10% | 0.56% | 1.11% | 42.02% |
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How we score this
Net worth ratio: NCUA well capitalized at 7%, adequately at 6%. Our bands, pass to fail: delinquency 1% to 2%, ROA 0.5% to 0%, loan-to-share 85% to 100%. Not a credit rating. Methodology.
Merced School Employees Federal Credit Union profile
Regulator records: NCUA credit union profile (charter 9119) · FFIEC NIC profile (RSSD 341682)
Frequently asked questions
Is Merced School Employees Federal Credit Union well capitalized?
On its Q2 2026 NCUA 5300 call report, Merced School Employees Federal Credit Union's net worth ratio is 11.76%, above the 7% NCUA threshold for well capitalized.
Is Merced School Employees Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. Merced School Employees Federal Credit Union is a federally insured credit union (NCUA charter 9119): its share insurance fund, run by the NCUA, covers $250,000 per member per ownership category.
What are Merced School Employees Federal Credit Union's key safety ratios?
For Q2 2026, Merced School Employees Federal Credit Union reports net worth 11.76%, delinquency 0.44%, ROA 1.35%, loan-to-share 38.42%.
What happens to my money if Merced School Employees Federal Credit Union fails?
For Q2 2026, Merced School Employees Federal Credit Union held $797.0M in shares and deposits for 50,714 members. If it failed, the NCUA would pay its insured shares up to $250,000 per member.