Marine Credit Union is headquartered in La Crosse and is the 14th largest credit union in the state of Wisconsin. It is also the 437th largest credit union in the nation. It was established in 1949 and as of March of 2025, it had grown to 404 employees and 75,248 members at 17 locations. Marine Credit Union's money market rates are 7X the national average, and it has a B health rating.
Field of Membership Restrictions
Membership in Marine Credit Union is open to individuals who live or work in 38 Wisconsin counties, ten eastern Iowa counties, four southeast Minnesota counties, or one northwestern Illinois county.
Wisconsin counties: Brown, Calumet, Chippewa, Clark, Columbia, Crawford, Dane, Dodge, Dunn, Eau Claire, Fond du Lac, Grant, Green, Green Lake, Iowa, Jefferson, Kenosha, La Crosse, Lafayette, Manitowoc, Marquette, Milwaukee, Monroe, Outagamie, Ozaukee, Racine, Richland, Rock, Sauk, Sheboygan, Taylor, Trempealeau, Vernon, Walworth, Washington, Waushara, Waukesha, or Winnebago Iowa counties: Allamakee, Cedar, Clayton, Clinton, Dallas, Fayette, Muscatine, Polk, Scott, or Winneshiek Minnesota counties: Fillmore, Houston, Olmsted, or Winona Illinois county: Rock IslandSee current membership details
A Scam Disguised As An Institution!
If you want to be ripped off, treated like garbage, and lied to, THEN THIS IS THE PLACE FOR YOU!
Seriously, I was told great things about this place and have dealt with them for two years.
By far the worst institution I've ever dealt with between being treated like a dog in the street(pretty sure the dog is treated better honestly), their lack of communication, etc.
Over the course of two years, and plenty of phone calls, I've had one pleasant conversation with them, and even then I find out they lied to me and had no intentions of fixing the issues cause by them.
Payments are less than $200, ran into issues so I had to push one back to keep up with rent. On multiple occasions, I called to charge my card since their app almost always has issues, just for them to claim that the information was wrong. Gave them the same information and it's pulled. Well, I receive a call about how I'm $5 away from paying off a month that is late. We make the payment and think everything is fine. Wake up one morning and the car is gone. Turns out that it didn't go through, then they tried claiming that I didn't talk to them for two months, when I had talked to them 6 days prior. Of course I ask what needs to be done to get my vehicle back because I need it. Over the course of two days, I'm told three different amounts(twice to me, once to my fiance who is also on the account). But yet all three times I was told that (it doesn't change). The end amount ends up being almost 1200 with my payments at not even 180 a month.
Even with charging 3 months worth of payments(not even 550), a tow is not worth 600(coming from someone that has worked in the towing industry). I've had to read and understand agreements between the tow company and bank, so I get how it works, and a tow bill(even with a pre-agreed lot fee), it will not cost basically $700.
This isn't the first person it's happened to either. There are a lot of other factors, but I feel as if this was the one worth mentioning.
DO.NOT.BANK.WITH.THIS.COMPANY
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 66752 |
| Year Chartered | 1949 |
| Employees | 404 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.66% |
| Return on Equity - YTD | 5.77% |
| Annual Interest Income | $18.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $1.06B$1.07B |
| Loans | Q1 2025vs Q1 2024 | $841.9MM$839.2MM |
| Deposits | Q1 2025vs Q1 2024 | $801.4MM$827.9MM |
| Equity Capital | Q1 2025vs Q1 2024 | $119.7MM$110.1MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $15MM$13.2MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $15.5MM$14MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $257K$200K |
