Cannabis Banking Map

Meriwest Credit Union

“Meriwest Credit Union delivers financial value to any individual and small business in the Greater Bay Area of California and Pima County, Arizona that is looking for above market rates on deposits, low loan rates, lower fees, product options and an experience that makes you feel good about your decision to do business with us. Our history started on May 5, 1961 when the IBM San Jose Employees Federal Credit Union was organized. In 1975 the official name changed to Pacific IBM Employees Federal Credit Union. In 1999 Pacific IBM became Meriwest Credit Union. Today, the same great benefits of credit union membership that were once only available to the employees and families of those employed at IBM, are now available to anyone who lives or works in the Greater Bay Area of Northern California or in Pima County, Arizona.”

Cannabis Banking Services

States Served:

  • California; Arizona

 

Official cannabis banking page: NA

 

Media coverage: NA

FDIC or NCUA Insured?

Yes (NCUA link).

  • NCUA charter number: 68394
  • NCUA insured since: 01/04/1971

Bank Health Rating

DepositAccounts.com Rating: link

  • DepositAccounts considers several health grade components:
    • Texas Ratio (measuring bank credit risk);
    • Texas Ratio trend;
    • Deposit growth;
    • Capitalization (difference between bank assets and liabilities).