Credit union
Meritrust Credit Union
Broomfield, Colorado, Jefferson County, CO
$4.1B in total assets and 213,283 members, the 123rd largest of 4,298 US credit unions and 4th of 62 headquartered in Colorado.
- NCUA charter
- 62574
- Charter
- State chartered (CO)
- Chartered
- 1950
- NCUA insured since
- 1975
- Website
- http://www.pmcu.org
At a glance
Compared with 445 US federally insured credit unions with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $4.1B | 78% | $2.1B | |
| Loans | $3.2B | 80% | $1.5B | |
| Deposits (shares) | $3.5B | 78% | $1.8B | |
| Members | 213,283 | 77% | 117,912 | |
| Return on assets | 0.17% | 7% | 0.82% | |
| Net interest income to assets | 3.23% | 38% | 3.42% | |
| Efficiency ratio | 87.0% | 96% | 71.7% | |
| Net worth ratio | 8.13% | 4% | 10.89% | |
| Loans to shares | 94% | 68% | 88% | |
| Cost of deposits | 2.25% | 83% | 1.78% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 16.7% a year over 10 years and 22.7% a year over the last 5, including 3 mergers in the last 10 years. Membership grew 22.6% a year over 5 years, to 213,283.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Aug 2025 | Meritrust Federal Credit Union Credit union, Wichita, KS | $2.2B |
| Dec 2021 | Shambhala Credit Union Credit union, Boulder, CO | $2M |
| Feb 2020 | Pueblo Horizons Federal Credit Union Credit union, Pueblo, CO | $25M |
| May 2015 | Premier Members Federal Credit Union Credit union, Boulder, CO | $505M |
Where they operate
36 branches in 12 counties.
1 of 36 branch locations are approximate (ZIP code centers).
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Sedgwick County, KS | 13 | 6.4% | 3 of 51 |
| Boulder County, CO | 7 | 6.2% | 5 of 39 |
| Adams County, CO | 4 | 3.6% | 10 of 36 |
| Jefferson County, CO | 3 | 1.9% | 10 of 44 |
| Weld County, CO | 2 | 2.4% | 10 of 33 |
| Arapahoe County, CO | 1 | 0.5% | 30 of 64 |
| Douglas County, CO | 1 | 1.0% | 17 of 28 |
| Larimer County, CO | 1 | 0.8% | 25 of 42 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2016 | 17 | |
| 2017 | 16 | −1 |
| 2018 | 16 | 0 |
| 2019 | 17 | +1 |
| 2020 | 18 | +1 |
| 2021 | 14 | −4 |
| 2022 | 16 | +2 |
| 2023 | 17 | +1 |
| 2024 | 18 | +1 |
| 2025 | 32 | +14 |
| Jun 2026 | 36 | +4 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 0.48% | 0.69% |
| Net worth ratio | 8.13% | 10.89% |
| Loans to shares | 94% | 88% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in Colorado
Most branches in Sedgwick County, KS
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.