Marine Credit Union

Marine Credit Union

Company type	Credit union
Industry	Financial services
Founded	1949 (1949)
Headquarters	La Crosse, Wisconsin , United States
Services	Full service banking
Total assets	$1,000,000,000^[citation needed]
Website	www.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.[1]

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.[2] In 2017, the credit union notably acquired five Bank Mutual branches,[3] and in 2018 acquired ten Old National Bank branches.[4] As of 2019, the credit union has more than 400 full-time employees.[3]

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.[5] Its Finding Home program helps financially challenged borrowers improve their credit and qualify to finance a house.[6]

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.