Merco Credit Union
Merced, CA
- UEI
- NU7ED6PZQNR3
- CAGE
- 8LN48
- Primary NAICS
- Not on record
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- SAM.gov registration date
- Physical address
- 1911 M St, Merced, CA 95340, USA
- Website
- merco.org
- Founded
- 1954
- Employees
- 11-50
- Estimated annual revenue
- $1M-$10M
- Industry
-
- Financials
- Banks
- Banking & Mortgages
- SIC code
- 60 Depository Institutions
- Profiles
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Recent federal awards
| Award | Agency | Obligated | Awarded |
|---|---|---|---|
| Purpose: to promote economic revitalization and community development through investment in and financial assistance… | Community Development Financial Institutions Fund | $900,000 | |
| Purpose: to provide grants to community development financial institutions (cdfis) for the following purposes 1) to… | Community Development Financial Institutions Fund | $3,718,258 | |
| Purpose: to promote economic revitalization and community development through investment in and financial assistance… | Community Development Financial Institutions Fund | $660,000 | |
| Purpose: to promote economic revitalization and community development through investment in and financial assistance… | Community Development Financial Institutions Fund | $625,000 | |
| Cdfi rapid response program award | Community Development Financial Institutions Fund | $1,826,265 |
About Merco Credit Union
Merco Credit Union is a non-profit, member-owned financial institution based in Merced, California, serving the local community as a certified Community Development Financial Institution (CDFI). Registered in SAM.gov since May 14, 2020, the credit union specializes in providing financial services to underserved communities, with a particular focus on low-income populations and areas disproportionately impacted by economic challenges such as the COVID-19 pandemic. As a corporate entity with tax-exempt status, Merco Credit Union has demonstrated a consistent commitment to community development through its targeted financial products and services.
The credit union has received multiple federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions Fund, totaling approximately $7.7 million across five distinct grant programs between 2021 and 2024. These grants, including the Community Development Financial Institutions Program, Equitable Recovery Program, Rapid Response Program, and Native CDFI Program, have enabled Merco Credit Union to expand lending, provide investments, and offer technical assistance to low-income markets. Specifically, the grants support the credit union's efforts to deliver financial products such as loans and grants to underserved borrowers, strengthen organizational capacity, acquire technology and staff, and create economic opportunities in rural and urban communities. The funding supports broader goals of economic revitalization, job creation, business development, and fostering economic self-determination, with grant periods extending through December 31, 2028, demonstrating a long-term commitment to community financial empowerment.
Quick answers
What is Merco Credit Union's UEI?
Merco Credit Union's Unique Entity ID (UEI) in SAM.gov is NU7ED6PZQNR3.
What is Merco Credit Union's CAGE code?
Merco Credit Union's CAGE code is 8LN48.
Where is Merco Credit Union located?
Merco Credit Union's physical address in SAM.gov is 1911 M St, Merced, CA 95340, USA.
Is Merco Credit Union registered in SAM.gov?
Yes. Merco Credit Union's SAM.gov registration is active through May 10, 2027.
What is Merco Credit Union's most recent federal award?
Merco Credit Union's most recent federal grant award is Purpose: to promote economic revitalization and community development through investment in and financial assistance… (231FA064420G), from Community Development Financial Institutions Fund, on September 26, 2024.
On GovTribe
See Merco Credit Union's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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