Merho Federal Credit Union is a not-for-profit organization owned by and serving its valued members.
Unlike other financial institutions, your credit union is a not-for-profit organization owned by, and serving only its members. We provide a convenient method to promote savings and an economical way of borrowing for worthwhile purposes.
As an owner, you have the right to vote for your directors at the annual meeting. All Board and Committee members are volunteers who establish policies and carry out the operations of the credit union according to the Federal Credit Union Act. All members are eligible, and are encouraged, to serve as a volunteer.
Often the credit unions services are far better values than those offered by other financial institutions. Since we have no stockholders to reward, all efforts are made to provide better service to the members.
The philosophy of MERHO Federal Credit Union is "People Helping People." This financial cooperative exists to provide loan, deposit and member-oriented services to its' defined membership with a high level of quality and efficiency.