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Marine Credit Union

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Marine Credit Union
Company typeCredit union
IndustryFinancial services
Founded1949 (1949)
HeadquartersLa Crosse, Wisconsin, United States
ServicesFull service banking
Total assets$1,000,000,000
Websitewww.marinecu.com

Marine Credit Union is a member-owned financial cooperative headquartered in La Crosse, Wisconsin, which serves more than 90,000 members across Wisconsin, Iowa and Minnesota.

Marine Credit Union was founded in 1949 as a credit union in Fond du Lac, Wisconsin for the employees of Mercury Marine, and has since merged with or acquired over thirty financial institutions. In 2017, the credit union notably acquired five Bank Mutual branches, and in 2018 acquired ten Old National Bank branches. As of 2019, the credit union has more than 400 full-time employees.

Marine Credit Union Foundation

The Marine Credit Union Foundation was formed in 2006 and is a non-profit 501(c)(3) organization. The foundation provides financial assistance and promotes financial literacy within member communities. Its Finding Home program helps financially challenged borrowers improve their credit and qualify to finance a house.

References

  1. "Company Overview". Marine Credit Union. Archived from the original on 2020-04-24. Retrieved 2020-05-27.
  2. "2019 Annual Report" (PDF). Marine Credit Union. 2019. Archived (PDF) from the original on 2023-06-09. Retrieved 2020-05-26.
  3. ^ "Marine Credit to buy five Bank Mutual branches". La Crosse Tribune. 4 April 2017. Retrieved 2020-05-27.
  4. Newman, Judy (29 September 2018). "Old National sale of 10 bank branches to Marine Credit Union passes hurdle". Wisconsin State Journal. Retrieved 2020-05-27.
  5. "Marine Credit Union Foundation". Marine Credit Union. Archived from the original on 2020-04-24. Retrieved 2020-05-27.
  6. "Finding HOME Financial Literacy Program". Marine Credit Union. Retrieved 2020-05-27.
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