At Merck Sharp & Dohme, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are committed to ensuring that your financial needs are met with confidence and reliability. Our performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov, based on the latest results. With a
net worth of $84,942,844, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our
net worth ratio of 10.19% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through
$213,929,713 in share certificates and
$189,159,733 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at
$0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With
$78,755,341 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with
$6,784 in used auto loans and a total of
$448,962,874 in loans and leases available. Our operational efficiency is evident in our
net income of $5,699,650, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having
85 full-time employees and
5 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. In addition to this robust support system for our members' financial journeys, we manage net shares amounting to
$0, which represents funds available for lending and investments. The total number of share accounts stands at an impressive
71,816, showcasing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Merck Sharp & Dohme is your trusted partner. Visit us at
274 N West End Blvd, Quakertown PA 18951 or call
215-996-3261 to learn more about how we can help you achieve your financial goals.