2024 Overview
General Credit Union Information
Merho is an NCUA insured institution located in Johnstown, PA. It was founded in 1972 and has approximately $56.21 millions in assets.
| NCUA Insured | Yes / Federally Chartered |
| Charter Number # | # 20921 |
| Date Established | 1972 |
| Assets | $56.21 million |
| Loans | $18.48 million |
| Deposits | $51.29 million |
| Capital | $6.09 million |
Field of Membership Restrictions
MERHO Federal Credit Union serves the following membership base: Employees and immediate family members by blood or marriage of the following groups: ** Atlantic Broadband – Johnstown ** Bishop McCort High School ** Cambria Residential Services ** Cardiology Associates of Johnstown ** Conemaugh Health Initiatives Inc. (CHI) ** Dynamic Design ** Good Samaritan Medical Center \** Laurelwood Convalescent Center ** Memorial Medical Center ** Meyersdale Medical Center ** Mt Aloysius College ** Presbyterian Home ** Senior Life Johnstown ** Valley Pike Manor Inc. ** Windber Medical Center ** Medical Office Employees associated with any of the above
Deposit Rates - December 23, 2024
Your Current Location: Ohio, OH 43085
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.10% | $2,500 | $4,999 |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
0.25% | $10,000 | $14,999 |
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|
| 6 Mo CD
|
0.25% | $100,000 | $199,999 |
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|
| 12 Mo CD
|
0.50% | $10,000 | $14,999 |
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|
| 12 Mo CD
|
0.50% | $100,000 | $199,999 |
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|
| 24 Mo CD
|
0.75% | $10,000 | $14,999 |
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|
| 24 Mo CD
|
0.75% | $100,000 | $199,999 |
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|
Loan Rates - December 23, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for Merho
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 1025894 |
6.960% | 6.875% | 0.63 | $2,764 | $2,103 | Learn More |
NMLS ID: 2592312 License#: RM.805266.000 |
6.966% | 6.875% | 0.50 | $3,145 | $2,103 | Learn More |
NMLS ID: 3030 |
7.338% | 7.250% | 0.88 | $2,800 | $2,183 | Learn More |
NMLS ID: 1907 |
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Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
Intro APR 6.990 % After Intro: 6.990 % |
$0 |
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More Info |
Rate See Table |
Intro APR 7.900 % After Intro: 7.900 % |
$25,000 |
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More Info |
Note to Merho
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Branches
Below are Merho branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
Merho Locations around zip code 43085
| Branch | Distance | Map | View Lobby Hours |
|---|---|---|---|
| 217.68 | A | View Lobby Hours | |
| 221.56 | B | View Lobby Hours |
Climate Policy and Initiatives
MERHO is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
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Financial Details
Merho Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Merho. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| Merho | U.S. Average |
|---|---|
| 3.12% | 5.83 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of June 30, 2024, Merho had $148,957 in non-current loans and $42,500 in owned assets. To cover these potential losses it had $6,087,453 in net worth and $48,909 in loans loss reserves. That gives it a Texas Ratio of 3.12%.
Net Worth
| Merho | U.S. Average |
|---|---|
| 10.82% | 13.93% |
Merho FCU has a net worth of 10.82% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Customer Reviews for Merho
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