Marine Credit Union

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
TypeCredit union
IndustryFinancial services
Founded1949 (1949)
Headquarters
La Crosse, Wisconsin
,
United States
Key people
Shawn Hanson (CEO)
ServicesFull service banking
Total assets$900,000,000
Websitewww.marinecu.com

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

References
  1. "Company Overview". Marine Credit Union. Retrieved 2020-05-27.
  2. "2019 Annual Report" (PDF). Marine Credit Union. 2019. Retrieved 2020-05-26.
  3. "Marine Credit to buy five Bank Mutual branches". La Crosse Tribune. Retrieved 2020-05-27.
  4. Newman, Judy. "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. Retrieved 2020-05-27.
  6. "Finding HOME Financial Literacy Program". Marine Credit Union. Retrieved 2020-05-27.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.