Marine Credit Union | |
Type: | Credit union |
Location City: | La Crosse, Wisconsin |
Location Country: | United States |
Industry: | Financial services |
Services: | Full service banking |
Assets: | $1,000,000,000 |
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.
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]