Applications / Mortgage Analytics / Lenders / California / MERCO Credit Union
Merced, CA · Credit union · NCUA · $207 million assets · 10 loans in 2025
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10
loans originated, 2025
20
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
MERCO Credit Union has lent in Merced, California since 1997, but made only 10 home loans in 2025, about a quarter of its count in 2020 and 2021.
It made 41 loans in 2020 and 43 in 2021, then 18 in 2022 and between 13 and 14 in the next two years. In 2025 its count fell by 29%, to 10, while similar lenders, credit unions making between half and twice as many loans, fell by 17%. The whole market grew by 10%.
Refinancing made up 80.0% of its loans and home improvement the rest. Its typical loan was $70,000, against $120,000 at similar credit unions. On 10 loans these figures are too few to read much into, and the same goes for its shares of lending by neighborhood.
In Merced, a market of $1.06B, it ranked 142 of 260 lenders, with a share that did not move. United Wholesale Mortgage led with $167.5M. In Fresno, where it has lent since 2001, it ranked 400 of 409. Its lending is confined to three counties in California.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. MERCO Credit Union took 20 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Refinance 80.0% · Home improvement 20.0%
Conventional 100.0% · of 10 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| California | 10 | 100.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Merced | 7 |
| Fresno | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300U5KJDUGZIWF098 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 931597 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 564766 | 1997–2017 |
Established 1 January 1966. Reported under HMDA 1997-2025.
Mergers, name changes, data editions and corrections: MERCO Credit Union's data.
MERCO Credit Union's data
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MERCO Credit Union and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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