WELCOME to MERHO Federal Credit Union. Unlike other financial institutions your credit union is a not-for-profit organization owned by and serving only its members. We provide a convenient method to promote savings and an economical way of borrowing for worthwhile purposes.As an owner you have the right to vote for your directors at the annual meeting. All Board and Committee members are volunteers who establish policies and carry out the operations of the credit union according to the Federal Credit Union Act. All members are eligible, and are encouraged, to serve as a volunteer.Often the credit unions services are far better values than those offered by other financial institutions. Since we have no stockholders to reward all efforts are made to provide better service to the membership.