Sep, 30, 2025 — MARSHLAND CREDIT UNION is a federally insured state chartered credit union headquartered in BRUNSWICK, GA with 6 branch locations and about $267.35 million in total assets. Opened 73 years ago in 1953, MARSHLAND CREDIT UNION has about 17,987 members and employs 69 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MARSHLAND CREDIT UNION |
|---|---|
| Address: (Main Office) | 3650 Community Rd BRUNSWICK, GA 31520 |
| Phone: | (912) 279-2000 |
| Fax: | (912) 262-9397 |
| Website: | https://www.marshlandcu.com |
| Branches: | 6 branch locations |
| Members: | 17,987 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68714 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $267,347,877 |
| CEO/Manager: | Mary Jenrette |
| Chairperson: | Paul McKenzie, SR |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 21,070,633 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 654,550 |
| Real Estate Loans | 72,517,743 |
| Unsecured Loans | 7,721,356 |
| Other Loans | 105,294,584 |
| TOTAL LOANS | 185,533,683 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,153,693 |
| Land And Building | 5,124,494 |
| Other Fixed Assets | 2,595,117 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,109,487 |
| All Other Assets | 47,847 |
| TOTAL ASSETS | 267,347,877 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 858,944 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,821,991 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 52,949,358 |
| Regular shares | 75,303,320 |
| All Other Shares & Deposits | 115,715,105 |
| TOTAL SHARES & DEPOSITS | 243,967,781 |
| TOTAL LIABILITIES | 247,648,716 |
| Regular Reserve | 0 |
| Other Reserves | -2,822,762 |
| Undivided Earnings | 22,521,923 |
| TOTAL EQUITY | 19,699,161 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 267,347,877 |
| INCOME & EXPENSE | |
| Loan Income | 8,031,541 |
| Investment Income | 1,366,718 |
| Other Income | 1,241,771 |
| Total Employee Compensation & Benefits | 4,352,753 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,624,566 |
| Non-operating Income & (Expense) | 203 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 435,000 |
| Cost of Funds | 3,058,877 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 892,414 |
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