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Meriwest Credit Union Sets Stage for Silicon Valley Corporate Campus with $9.6M Property Purchase
Meriwest Credit Union Sets Stage for Silicon Valley Corporate Campus with $9.6M Property Purchase

Yahoo

time14-05-2025

  • Business
  • Yahoo

Meriwest Credit Union Sets Stage for Silicon Valley Corporate Campus with $9.6M Property Purchase

SILICON VALLEY, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- Meriwest Credit Union, a trusted San Jose-based financial institution since 1961, has acquired the property at 620 Blossom Hill Road in south San Jose. This transaction was completed on May 5, 2025, in a $9.6 million cash transaction, as recorded by the Santa Clara County Recorder's Office. Located in the Sunrise Plaza shopping center near Blossom Hill Road and State Route 85, the acquired property includes a former Marie Callender's restaurant site, closed since 2022. The site is directly adjacent to Meriwest's headquarters at 5615 Chesbro Avenue. This acquisition positions Meriwest to develop a cohesive campus, enhancing accessibility and member-focused services. 'Our vision is to expand our long-time headquarters into a Meriwest 'Campus'. When complete, our campus will elevate our visibility and community engagement, better serve our members with increased access to services, and strengthen our roots in San Jose.' said Lisa Pesta, President and CEO of Meriwest. 'Completing this purchase on May 5th, Meriwest's 64th birthday, was made possible because of our incredibly loyal members and our deeply committed team,' Pesta added. 'I am looking forward to welcoming everyone over for a campus tour, when the project is complete.' For more details on Meriwest Credit Union's acquisition of 620 Blossom Hill Road, read the full story in The Mercury News here. About Meriwest Credit Union Founded in San Jose, California in 1961, Meriwest Credit Union, ($2.1B in assets) is one of Silicon Valley's most established financial institutions. Dedicated to delivering advice-based, personal, convenient, and innovative financial services to over 80,000 families and businesses throughout the San Francisco Bay Area and Pima County, Arizona, Meriwest offers a wide array of personal banking, business services, and wealth advisory services. Meriwest has been voted one of the 'Best Credit Unions in Silicon Valley' in the Mercury News' Annual 'Readers' Choice Awards' and a 'Best Place to Work' by the Silicon Valley Business Journal 2020 through 2025. More information can be found at Media Contact: Jeffrey ZaneMeriwest Credit UnionPublic Relations408-612-1484jzane@ A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Meriwest Credit Union Sets Stage for Silicon Valley Corporate Campus with $9.6M Property Purchase
Meriwest Credit Union Sets Stage for Silicon Valley Corporate Campus with $9.6M Property Purchase

Yahoo

time14-05-2025

  • Business
  • Yahoo

Meriwest Credit Union Sets Stage for Silicon Valley Corporate Campus with $9.6M Property Purchase

SILICON VALLEY, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- Meriwest Credit Union, a trusted San Jose-based financial institution since 1961, has acquired the property at 620 Blossom Hill Road in south San Jose. This transaction was completed on May 5, 2025, in a $9.6 million cash transaction, as recorded by the Santa Clara County Recorder's Office. Located in the Sunrise Plaza shopping center near Blossom Hill Road and State Route 85, the acquired property includes a former Marie Callender's restaurant site, closed since 2022. The site is directly adjacent to Meriwest's headquarters at 5615 Chesbro Avenue. This acquisition positions Meriwest to develop a cohesive campus, enhancing accessibility and member-focused services. 'Our vision is to expand our long-time headquarters into a Meriwest 'Campus'. When complete, our campus will elevate our visibility and community engagement, better serve our members with increased access to services, and strengthen our roots in San Jose.' said Lisa Pesta, President and CEO of Meriwest. 'Completing this purchase on May 5th, Meriwest's 64th birthday, was made possible because of our incredibly loyal members and our deeply committed team,' Pesta added. 'I am looking forward to welcoming everyone over for a campus tour, when the project is complete.' For more details on Meriwest Credit Union's acquisition of 620 Blossom Hill Road, read the full story in The Mercury News here. About Meriwest Credit Union Founded in San Jose, California in 1961, Meriwest Credit Union, ($2.1B in assets) is one of Silicon Valley's most established financial institutions. Dedicated to delivering advice-based, personal, convenient, and innovative financial services to over 80,000 families and businesses throughout the San Francisco Bay Area and Pima County, Arizona, Meriwest offers a wide array of personal banking, business services, and wealth advisory services. Meriwest has been voted one of the 'Best Credit Unions in Silicon Valley' in the Mercury News' Annual 'Readers' Choice Awards' and a 'Best Place to Work' by the Silicon Valley Business Journal 2020 through 2025. More information can be found at Media Contact: Jeffrey ZaneMeriwest Credit UnionPublic Relations408-612-1484jzane@ A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Meriwest Credit Union Named Best in Silicon Valley 2025
Meriwest Credit Union Named Best in Silicon Valley 2025

Yahoo

time20-03-2025

  • Business
  • Yahoo

Meriwest Credit Union Named Best in Silicon Valley 2025

SILICON VALLEY, Calif., March 20, 2025 (GLOBE NEWSWIRE) -- Meriwest Credit Union proudly announces its recognition as "Best in Silicon Valley 2025' by the Mercury News Readers' Choice Awards. This accolade highlights Meriwest's continuing commitment to making a meaningful impact in the lives of its members and the greater community. Meriwest continues to build on its reputation as a trusted financial partner in Silicon Valley by taking bold steps to support the community. Among these, Meriwest team members hosted financial literacy workshops that provided essential knowledge for financial success to over 8,600 residents. Meriwest also actively engaged in nearly 550 events to promote financial education and support while aiding 23 local nonprofit organizations. Meriwest's dedication reaches beyond community outreach, fostering an inclusive environment for employees and members alike. In 2024, the Silicon Valley Business Journal and San Francisco Business Times named Meriwest a "Best Place to Work," for a 5th year in a row, an honor reflecting its workplace culture. "At Meriwest, our actions speak louder than words," said Lisa Pesta, President and CEO of Meriwest Credit Union. "Being named a Best in Silicon Valley 2025 winner is a testament to our team's passion for enhancing financial well-being and building a stronger community. We're honored to serve Silicon Valley and remain committed to a future where everyone prospers." With a legacy of innovation and service since 1961, Meriwest Credit Union continues to lead the way in financial empowerment. Join us on this journey toward a brighter, more secure tomorrow—Because We're YouSM. About Meriwest Credit Union Founded in San Jose, California in 1961, Meriwest Credit Union, ($2.1B in assets) is one of Silicon Valley's most established financial institutions. Dedicated to delivering advice-based, personal, convenient, and innovative financial services to over 80,000 families and businesses throughout the San Francisco Bay Area and Pima County, Arizona, Meriwest offers a wide array of personal banking, business services, and wealth advisory services. Meriwest has been voted one of the 'Best Credit Unions in Silicon Valley' in the Mercury News' Annual 'Readers' Choice Awards' and a 'Best Place to Work' by the Silicon Valley Business Journal 2020 through 2024. More information can be found at Media Contact: Jeffrey ZaneMeriwest Credit UnionPublic Relations408-612-1484jzane@ in to access your portfolio

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