Sep, 30, 2025 — MERCK SHARP & DOHME FEDERAL CREDIT UNION is a federal credit union headquartered in CHALFONT, PA with 7 branch locations and about $929.94 million in total assets. Opened 76 years ago in 1950, MERCK SHARP & DOHME FEDERAL CREDIT UNION has about 33,277 members and employs 92 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MERCK SHARP & DOHME FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 335 W Butler Ave CHALFONT, PA 18914 |
| Phone: | (215) 996-3700 |
| Fax: | (215) 996-3776 |
| Website: | https://www.msdfcu.org |
| Branches: | 7 branch locations |
| Members: | 33,277 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6574 |
|---|---|
| Membership Type: | Multiple common bond - Primarily chemical |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $929,941,001 |
| CEO/Manager: | Dana Defilippis |
| Chairperson: | Thomas Eisenberger |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 79,457,423 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 252,179,333 |
| Unsecured Loans | 41,996,004 |
| Other Loans | 166,345,983 |
| TOTAL LOANS | 460,521,320 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,693,577 |
| Land And Building | 5,715,506 |
| Other Fixed Assets | 2,222,831 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 6,921,528 |
| All Other Assets | 0 |
| TOTAL ASSETS | 929,941,001 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 10,297,894 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 138,991,612 |
| Regular shares | 182,451,828 |
| All Other Shares & Deposits | 520,262,343 |
| TOTAL SHARES & DEPOSITS | 841,705,783 |
| TOTAL LIABILITIES | 852,003,677 |
| Regular Reserve | 0 |
| Other Reserves | -13,316,847 |
| Undivided Earnings | 91,254,171 |
| TOTAL EQUITY | 77,937,324 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 929,941,001 |
| INCOME & EXPENSE | |
| Loan Income | 19,226,834 |
| Investment Income | 11,405,665 |
| Other Income | 1,115,934 |
| Total Employee Compensation & Benefits | 7,531,849 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 8,032,111 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 732,613 |
| Cost of Funds | 13,054,862 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,157,533 |
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