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Credit union news

Annual Scholarship Program Now Accepting Applicants!

Merck Employees Federal Credit Union’s Annual Scholarship program is now live and ready to accept applicants. The annual program awards five $5,000 scholarships to high-school seniors moving on to the next stage of their higher learning journey. …

Credit union news

Register Now for the Virtual Annual Meeting on April 27

Merck Employees Federal Credit Union’s 86th Annual Meeting is set for April 27, 2022. The 86th Annual Meeting will take place virtually on April 27th at 6:00 pm. To register for the event, please email and provide your full …

Credit union news

Merck Employees Credit Union Meets Betty White Challenge with $10,000 Donation to Pennies for Puppies

Back in 1995 Merck employee Reed Ziegler asked for the Merck Employee Federal Credit Union’s help in counting coins for “Pennies for Puppies”, a program from The Seeing Eye, Inc., a nonprofit based in Morristown, NJ that develops seeing eye dogs for …

Ira news

IRS Publishes New Required Minimum Distribution (RMD) Tables

For the first time since 2002, the Internal Revenue Service has updated its Uniform Lifetime Table and lowered the size of RMDs. The new tables, which now project longer lifespans, are used to calculate RMDs from individual retirement accounts, …

Credit union news

It's 5 Stars for Your Credit Union!

Merck Employees Federal Credit Union has once again been awarded the highest possible financial health rating by Bauer Financial, an independent rating agency for credit unions and banks. The 5-star rating reaffirms the credit union’s excellent …