Meriwest history

In 1975 the official name changed to Pacific IBM Employees Federal Credit Union.

1980 – Meriwest merged with Sun States Credit Union and opened offices in Los Angeles and Tucson, Arizona.

1982 – Meriwest Credit Union surpassed $100 million in total assets.

1997 – Meriwest acquired Community Savings FCU and its Milpitas and Palo Alto branches.

1999 – Meriwest received approval to add Santa Clara and Alameda counties to its membership base and changed its name to Meriwest Credit Union.

2000 – Meriwest received approval to add the counties of San Mateo, San Francisco and Contra Costa to its membership base.

2001 – Meriwest celebrated its 40th anniversary and surpassed $750 million in assets.

2003 – Meriwest achieved its second consecutive year of record net income and became the second fastest growing credit union in the San Francisco Bay Area in terms of membership growth.

2004 – Meriwest introduced free checking with free online banking and bill pay, and a new Home Banking web site adding greater online banking conveniences and the ability to transfer funds to and from other institutions.

2005 – Meriwest continued its trend of strong growth and increased its assets and membership base by completing a merger with Silicon Valley Credit Union.

2007 – Meriwest added six financial centers during the year.

2009 – Meriwest made great strides in Community Investment and Development.

2011 – Meriwest introduces Mobile Banking apps.

2012 – Meriwest made several improvements to our remote and online banking that make being a Meriwest member more satisfying than ever.

2013 – Meriwest continued with improvements to our remote and online banking that make being a Meriwest member more secure and satisfying than ever.

2015 – Meriwest opened two full-service branches — in the Santa Clara Town Centre on El Camino Real and inside the Market by Safeway on Second Street in the heart of downtown San Jose.

2016 – Meriwest provided $319 million in loans to help members buy or refinance a home and lent over $125 million to local businesses to support our community‘s growth.

2017 – Meriwest’s support for members buying or refinancing a home grew to $425 million as our overall financial support to members through loans exceeded $900 million.

2018 – Meriwest generated over $228 million in consumer mortgages, $224 million in consumer loans and $50 million in business loans.