Meriwest Credit Union San Jose, California
Meriwest Credit Union is a state-chartered credit union headquartered in San Jose, CA, established in 1961 (NCUA charter 68394), and it is regulated and insured by the NCUA. At Q2 2026 it reported 75,484 members and total assets of $2.11B (up 0.4% from Q2 2025), the 35th largest of 238 credit unions headquartered in California. Its net worth ratio was 9.12% at Q2 2026, in the well capitalized band.
Also written as Meriwest CU · Trade names filed with the NCUA: Meriwest Mortgage, Meriwest Business Services, Meriwest Wealth Advisors and Meriwest Financial Center
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- State-chartered credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 68394
- Headquarters
- San Jose, CA
- Established
- 1961
- Total assets, Q2 2026
- $2.11B
- Assets vs Q2 2025
- +0.4%
- Members, Q2 2026
- 75,484
- Net worth ratio, Q2 2026
- 9.12%
- Latest call report
- Q2 2026, NCUA 5300 · Meriwest Credit Union call report
- Asset rank in state
- 35th of 238 in California
- Routing number
- 321176833
- Branches
- 14
It has 1,839 fewer members than on June 30, 2025 (-2.4%). Its net worth ratio was down 0.19 percentage points from 9.31% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $1.06B of $1.58B in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.81% is above the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026. Its 9.12% net worth ratio is below that band's 10.89% median.
Credit unions similar in size in California
Frequently asked about Meriwest Credit Union
How big is Meriwest Credit Union?
At Q2 2026 it reported total assets of $2.11B and 75,484 members.
Where is Meriwest Credit Union headquartered?
It is headquartered in San Jose, CA, United States.
When was Meriwest Credit Union founded?
It was established in 1961, per NCUA records.
Is Meriwest Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 68394): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Meriwest Credit Union?
It is a state-chartered credit union, supervised by its state credit union regulator and by the NCUA, which insures its shares.
Is Meriwest Credit Union well capitalized?
Its net worth ratio was 9.12% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Meriwest Credit Union's delinquency ratio?
Its delinquency ratio was 0.81% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Meriwest Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 93.35% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- San Jose, CA 95123
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1961
- NCUA Charter #
- 68394
- RSSD ID
- 537681
- Members
- 75,484
- Potential members
- 2,500,000
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 454 credit unions with $1B to $10B in assets, as of Q2 2026. It is in the top quartile on 0 of 7 ranked measures and in the bottom quartile on 5.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 12.63% | 9.12% | 10.89% | 13th bottom |
| Return on assets Middle half of peers: 0.59% to 1.25% | 0.19% | 0.89% | under 10th bottom |
| Return on equity Middle half of peers: 5.37% to 10.92% | 2.10% | 8.07% | under 10th bottom |
| Net interest margin Middle half of peers: 3.05% to 3.80% | 2.72% | 3.45% | 14th bottom |
| Efficiency ratio Middle half of peers: 63.16% to 77.23% | 85.08% | 70.59% | under 10th bottom |
| Cost of funds Middle half of peers: 1.37% to 1.99% | 1.74% | 1.68% | 45th below |
| Delinquency ratio Middle half of peers: 0.45% to 1.05% | 0.81% | 0.68% | 41st below |
| Yield on assets Middle half of peers: 4.70% to 5.46% | 4.46% | 5.12% | 13th position only |
| Loan-to-share ratio Middle half of peers: 78.23% to 95.19% | 93.35% | 88.03% | 69th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$2.11B total assets against $2.10B; $1.70B total shares and deposits against $1.67B; $1.58B total loans against $1.64B.
$192.6M net worth against $195.9M.
9.12% net worth ratio against 9.31%.
93.35% loan-to-share ratio against 98.08%.
0.81% delinquency ratio against 1.05%.
0.19% return on assets against 0.06%; 2.10% return on equity against 0.64%.
2.72% net interest margin against 2.55%.
75,484 members against 77,323.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 9.12% | 0.19% | 0.81% | 93.35% |
| March 31, 2026 | 8.86% | 0.03% | 1.02% | 89.83% |
| December 31, 2025 | 8.94% | -0.78% | 1.18% | 92.76% |
| September 30, 2025 | 9.18% | 0.04% | 1.13% | 96.31% |
| June 30, 2025 | 9.31% | 0.06% | 1.05% | 98.08% |
| March 31, 2025 | 9.18% | 0.11% | 1.05% | 97.77% |
Scroll sideways to see every column.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.