Sep, 30, 2025 — MARINE CREDIT UNION is a federally insured state chartered credit union headquartered in LA CROSSE, WI with 17 branch locations and about $1.07 billion in total assets. Opened 77 years ago in 1949, MARINE CREDIT UNION has about 75,462 members and employs 418 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MARINE CREDIT UNION |
|---|---|
| Address: (Main Office) | 300 2nd St N Ste 400 LA CROSSE, WI 54601 |
| Phone: | (800) 923-7280 |
| Fax: | |
| Website: | https://www.marinecu.com |
| Branches: | 17 branch locations |
| Members: | 75,462 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66752 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,068,456,993 |
| CEO/Manager: | Tom Knothe |
| Chairperson: | Anne Snow |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 68,938,474 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 608,578,350 |
| Unsecured Loans | 23,623,433 |
| Other Loans | 229,905,771 |
| TOTAL LOANS | 862,141,791 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -15,285,254 |
| Land And Building | 15,488,691 |
| Other Fixed Assets | 2,930,739 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 7,437,496 |
| All Other Assets | 515,742 |
| TOTAL ASSETS | 1,068,456,993 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 5,976 |
| Notes & Interest Payable | 130,000,000 |
| Accounts Payable & Other Liabilities | 13,800,309 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 192,640,547 |
| Regular shares | 219,856,539 |
| All Other Shares & Deposits | 385,616,468 |
| TOTAL SHARES & DEPOSITS | 798,113,555 |
| TOTAL LIABILITIES | 941,919,840 |
| Regular Reserve | 0 |
| Other Reserves | 583,188 |
| Undivided Earnings | 125,953,965 |
| TOTAL EQUITY | 126,537,153 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,068,456,993 |
| INCOME & EXPENSE | |
| Loan Income | 53,938,886 |
| Investment Income | 7,452,719 |
| Other Income | 12,349,455 |
| Total Employee Compensation & Benefits | 31,736,831 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 16,947,384 |
| Non-operating Income & (Expense) | 1,222,743 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,937,078 |
| Cost of Funds | 15,446,004 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 7,513,892 |
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