Meriwest Credit Union | |
Logo Alt: | Meriwest Credit Union |
Type: | Credit Union |
Industry: | Financial services |
Hq Location City: | San Jose, California |
Hq Location Country: | United States |
Area Served: | Greater San Francisco Bay Area |
Areas Served: | --> |
Key People: | Lisa Pesta, President/CEO Brian Hennessey, CFO Chad Maze, COO |
Subsid: | Meriwest Mortgage, MW Wealth Advisors |
Owners: | --> |
Meriwest Credit Union is an American member owned, not-for-profit credit union located in San Jose, California. The credit union offers financial services to communities in the Greater San Francisco Bay Area.
, Meriwest Credit Union had over 80,000 members and $2.2 billion in total assets.[1]
The credit union began on May 5, 1961, when a group of IBM employees organized the IBM San Jose Employees Federal Credit Union.[2] In 1975 the official name changed to Pacific IBM Employees Federal Credit Union. In 1999, the Credit Union converted to state charter and changed its name to Meriwest Credit Union.[3] In 2007, Meriwest merged with Golden Bay Federal Credit Union.[4]
Meriwest Credit Union has a long history of providing support to its local communities by partnering with local charities and non-profit organizations, as well as providing free educational resources.
In 2022, the Credit Union National Association (CUNA) awarded Meriwest the 2022 National Desjardins Adult Financial Education Award for its workshops & programs to promote financial literacy.[5]
At least one of these options listed below will apply:
Meriwest Credit Union is chartered under the authority of the California Department of Financial Protection and Innovation (DFPI).[6] Members' deposits are federally insured up to $250,000 by the National Credit Union Administration (NCUA), an agency of the U.S. federal government.