EIN 39-0827305

Marine Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
611
Year formed
1949
Most recent tax filings
2018-12-01
Notice
This nonprofit is terminated or no longer active
Marine Credit Union may be no longer active or terminated. Either the organization hasn't filed a Form 990 in many years and appears to no longer be active, or they marked in their most recent Form 990 that they have closed down.
Description
We will serve more of the underserved with products, service, time and giving. We will increase the number and percentage of customers availing themsevles of a variety of high quality services. We will increase the number and percentage of customers a...
Related structure
Marine Credit Union is a child organization, under an unknown parent.

Program areas at Marine Credit Union

Deposit taking - Marine Credit Union acts as a financial intermediary in each of the communities it serves. Each of our 76,494 members has at least one savings account and these members have over 56,853 checking accounts with Marine. We often provide these services at a lower cost than what would otherwise be available. We protect over $626,831,158 million of insured funds on behalf of our depositors.
Consumer lending - Marine Credit Union is a full service consumer lending institution. In 2018 we granted over 19,699 consumer loans for a total of over $171,375,938. These loans are used by our borrowers to consolidate debt, purchase goods such as automobiles and recreational vehicles and to finance continuing education expenses. The total consumer loan portfolio is greater than $248,477,520.
Mortgage lending - Marine Credit Union is an integral part of the communities we serve by providing over 1,699 loans totaling over $83,222,651. These loans are used by borrowers to purchase, refinance or improve their homes. Current mortgage loans outstanding exceed $348,345,275.

Form 990s for Marine Credit Union

Fiscal year endingDate received by IRSFormPDF link
2018-122020-02-04990View PDF
2017-122019-02-21990View PDF
2016-122018-03-14990View PDF
2015-122017-02-28990OView PDF
2014-122016-01-29990OView PDF
...and 5 more Form 990s

Financials for Marine Credit Union

RevenuesFYE 12/2018
Total grants, contributions, etc.$0
Program services$62,000,574
Investment income and dividends$1,478,697
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$259,490
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$23,869
Total revenues$63,762,630

Personnel at Marine Credit Union

NameTitleCompensation
Bill JamesChief Financial Officer$305,263
Mark ReedSecretary$18,000
Shawn L HansonPresident and Chief Executive Officer$411,438
 View purchase optionsVice Chairman$18,000
 View purchase optionsChairman$24,000
...and 3 more key personnel

Organizations like Marine Credit Union

OrganizationLocationRevenue
Pioneer Credit UnionGreen Bay, WI$32,603,206
Landmark Credit UnionNew Berlin, WI$223,632,603
Community First Credit UnionAppleton, WI$141,751,455
Westby Co-op Credit UnionWestby, WI$33,471,222
Verve a Credit UnionOshkosh, WI$56,591,545
WESTconsin Credit UnionMenomonie, WI$92,608,076
CoVantage Credit UnionAntigo, WI$73,234,487
UW Credit UnionMadison, WI$177,798,849
Capital Credit UnionGreen Bay, WI$72,267,762
Corporate Central Credit UnionMuskego, WI$44,069,017
Summit Credit UnionMadison, WI$183,147,998
Heartland Credit UnionMadison, WI$17,291,865
Blackhawk Community Credit UnionJanesville, WI$30,788,069
Educators Credit Union (ECU)Mount Pleasant, WI$128,384,550
Royal Credit Union (RCU)Eau Claire, WI$131,746,038
Kohler Credit UnionKohler, WI$21,716,870
Co-op Credit UnionBlack River Falls, WI$16,512,148
Fox Communities Credit Union (FOXCU)Appleton, WI$84,223,252
Superior Choice Credit Union (SCCU)Superior, WI$23,730,133
Central Corporate Credit UnionSouthfield, MI$16,468,140
North Island Financial Credit UnionSan Diego, CA$57,702,150
Schools Financial Credit UnionSacramento, CA$101,261,825
Jefferson Financial Federal Credit UnionMetairie, LA$24,511,023
Point Loma Credit Union (PLCU)San Diego, CA$22,767,803
Firefighters First Credit UnionLos Angeles, CA$47,155,486
Nonprofit Types
Issues
No issues found
Characteristics
Key performance indicators
Total revenues
$63,762,630
2018
Yearly growth
3.6%
% of revenues
n/a
Total expenses
$59,467,830
2018
Yearly growth
6.6%
% of expenses
n/a
Total assets
$753,825,875
2018
Yearly growth
-0.2%
% of assets
n/a
Num. employees
611
2018
Yearly growth
-10.4%
% of total
n/a
General information
Address
811 Monitor St
La Crosse, WI 54603
Metro area
La Crosse-Onalaska, WI-MN
County
La Crosse County, WI
Website URL
marinecu.com/ 
Phone
(608) 791-1543
IRS details
EIN
39-0827305
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1949
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption