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4180 Western Blvd
Jacksonville, NC 28546-6740

Marine Federal Credit Union is headquartered in Jacksonville and is the 6th largest credit union in the state of North Carolina. It is also the 303rd largest credit union in the nation. It was established in 1959 and as of March of 2014, it had grown to 296 employees and 102,781 members. Marine Federal Credit Union's savings rates are 6X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Active and retired members of the following are eligible to join Marine FCU: Military, D.O.D., and Non-Appropriated Fund Civilians associated with MCB Camp Lejeune and MCAS New River, Jacksonville, North Carolina, and MCB Quantico, Virginia, as well as any US Armed Forces, their dependents or dependent survivors eligible to receive benefits or services from the above military installations. You can also qualify for membership via other employers and qualified organizations. - See Details

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Reviews (3)

Terrible Customer Service

This bank is awful. Terrible customer service, and it seems as if their system is down every other day. It took me THREE WEEKS to get in contact with someone about an auto loan, even after calling every day and leaving messages.

Rate Changes As Of 4/1/2010

Rate Changes as of 4/1/2010, Marine FCU Bravo Checking interest rate drops from 5.00% APY to 3.50% APY on balances up to $15,000 (previously, it was balances up to $25,000).

MFCU Is Garbage

Terrible bank, their employees are snakes. Go with a different credit union.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Marine Federal Credit Union had $5.04 million in non-current loans and owned real-estate with $67.61 million in equity and loan loss allowances on hand to cover it. This gives Marine Federal Credit Union a Texas Ratio of 7.46% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Marine Federal Credit Union experienced no significant changes from 6.72% as of March 31, 2013 to 7.46% as of March 31, 2014, resulting in a negative change of 10.96%. This indicates that the balance sheet and financial strength for Marine Federal Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Marine Federal Credit Union has increased its total deposits by $9.03 million, resulting in 1.35% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Marine Federal Credit Union has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Marine Federal Credit Union has $749.11 million in assets with $67.61 million in equity, resulting in a capitalization level of 9.03%, which is average.

Institution Statistics

NCUA #12977
Year Chartered1959
Primary Regulator
Assets and Liabilities
Assets$749.11 million
Loans$469.27 million
Deposits$677.13 million
Equity Capital$63.11 million
Loan Loss Allowance$4.50 million
Unbacked Noncurrent Loans$3.83 million
Real Estate Owned$1.22 million
Historic Data - March 2013
Assets$741.33 million
Equity Capital$62.46 million
Loan Loss Allowance$4.87 million
Unbacked Noncurrent Loans$3.83 million
Real Estate Owned$1.01 million
Profit Margin - Quarterly
Return on Assets-0.26%
Return on Equity-3.12%
Interest Income$6.23 million

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Marine Federal Credit Union Savings Account Rates

3.00%-$25kDeployment Club Share
0.25%--Primary Savings
0.25%--Christmas Club
0.25%--Financial Counseling
0.25%--Auto Insurance Savings Share
0.25%--Traditional IRA Share
0.25%--Roth IRA Share
0.25%--SEP IRA Share
0.25%--CESA Share
0.25%--HSA Share
0.25%-$25kClub Ed Share
0.25%--Business Savings
0.25%--Organization Savings Share

Marine Federal Credit Union Money Market Rates

0.50%$25k-Money Market Share

Marine Federal Credit Union Checking Account Rates

1.00%-$15kBravo Checking - Qualifying
0.01%--Bravo Checking - Non Qualifying

Marine Federal Credit Union CD Rates

1.26%$1k-48 Month Term Share Certificate
1.26%$1k-60 Month Term Share Certificate
1.00%$1k-36 Month Term Share Certificate
0.75%$1k-18 Month Term Share Certificate
0.75%$1k-24 Month Term Share Certificate
0.50%$500-6 Month Term Share Certificate
0.50%$1k-12 Month Term Share Certificate
0.50%$50-12 Month Add-On Share Certificate
0.35%$500-91 Day Term Share Certificate
0.35%$15-91 Day Rainbow Add-On Share Certificate

Marine Federal Credit Union IRA Rates

1.26%$500-48 Month Traditional IRA
1.26%$500-60 Month Traditional IRA
1.00%$500-36 Month Traditional IRA
0.75%$500-24 Month Traditional IRA
0.50%$500-6 Month Traditional IRA
0.50%$500-12 Month Traditional IRA

Marine Federal Credit Union has 20 locations. Click to view all Marine Federal Credit Union locations.