Overview
What is Marine Credit Union?
Marine Credit Union is a financial intermediary based in La Crosse, Wisconsin, with over 78,000 members. Each member holds a savings account and 50,000 of them have checking accounts with the credit union. Marine Credit Union offers these services at reduced costs compared to other options. Their mission is to extend their reach to underserved communities by providing a wider array of high-quality products and services. With a workforce of 544 employees, Marine Credit Union aims to increase the number and percentage of customers utilizing their offerings.
Official website here: www.marinecu.com
Is Marine Credit Union legitimate?
Marine Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Marine Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $3,041,406
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,957,084
For more financial information, click here
What is the mission statement of Marine Credit Union?
Marine Credit Union is committed to serving more of the underserved population by providing a wide range of high-quality products and services. With over 78,000 members, the credit union acts as a financial intermediary, ensuring that each member has at least one savings account and over 50,800 checking accounts. Marine Credit Union prides itself on offering these services at lower costs than what is generally available. The organization protects over $755 million in insured funds on behalf of its depositors, demonstrating its dedication to financial security. The credit union aims to increase the number and percentage of customers utilizing its offerings.
Official website here: www.marinecu.com
Who is the CEO of Marine Credit Union?
Darrick Weeks is the President & Ceo of Marine Credit Union. The CEO's salary of Marine Credit Union is $493,041 and their total compensation is $526,179.
Official website here: www.marinecu.com
What is the revenue of Marine Credit Union?
Who are the executives of Marine Credit Union and what are their salaries?
The average compensation at Marine Credit Union during 2022 was $58,821. There are 544 employees at Marine Credit Union.
Here are 22 key members and their salaries (Marine Credit Union's CEO's salary is $493,041 and their total compensation is $526,179):
- Shawn Hanson (Former President & Ceo)
- Darrick Weeks (President & Ceo)
- William James (Chief Risk Officer)
- Adam Keer (Chief Experience Officer)
- Michael Spillane (Senior Vice President Of Customer Analytics)
- Joseph Liethen (Chief Financial Officer)
- Kenneth Brossman (Chief Lending Officer)
- Jack Kalander (Chief Information Officer)
- Blake Herring (Chief Human Resource Officer)
- Stephen Neumann (Vice President Of Collections)
- Eduardo Zamarron (Sr. Mortgage Loan Representative)
- Joshua Moore (Svp Of Mortgage Lending)
- Katie Tolokken (Chief Operating Officer)
- Liz Malott (Svp Of Talent)
- Tom Knothe (Board Chair) [Trustee/Director]
- Jonathon Horne (Board Third Vice-Chair) [Trustee/Director]
- William Maas (Board Second Vice-Chair) [Trustee/Director]
- Anne Snow (Board Fourth Vice-Chair) [Trustee/Director]
- Mic Michels (Board Treasurer) [Trustee/Director]
- Mark D Reed (Board Secretary) [Trustee/Director]
- Brian Rude (Board First Vice-Chair) [Trustee/Director]
- William Sacia (Board Member) [Trustee/Director]
Official website here: www.marinecu.com
Where can I find the form 990 for Marine Credit Union?
The Marine Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.marinecu.com
Learn more at the official website: www.marinecu.com
Mission Statement of Marine Credit Union
Marine Credit Union, with its mission, is committed to extending a helping hand to a larger segment of the underprivileged population. This financial institution goes beyond the call of duty to provide an array of top-tier products and services, giving back to the community in more ways than one.
Marine Credit Union proudly serves over 78,000 members, each of whom holds a savings account and over 50,000 who use checking accounts with the union. The credit union offers these essential services at competitive prices, ensuring that they are accessible to a broader demographic at a lower cost than usual. Marine Credit Union's responsibility extends to protecting over $755 million in insured funds on behalf of its depositors.
Inherent in Marine Credit Union's mission is the goal to expand its customer base and increase the percentage of individuals engaging with its diverse offerings. The credit union acts as a catalyst for financial growth in the communities it serves, fostering financial stability and enabling its members to improve their financial situation. Marine Credit Union's unwavering dedication to serving the underserved is a cornerstone of its identity.
Impact
This information is meant to be a general summary of Marine Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Marine Credit Union's impact is centered around serving more of the underserved with products, service, time, and giving. With over 78,000 members and a wide array of financial services, Marine Credit Union acts as a financial intermediary in the communities it serves. By offering lower-cost services, providing a range of high-quality services, and protecting over $755 million of insured funds for its depositors, Marine Credit Union plays a vital role in improving financial inclusion and accessibility in the communities it operates in.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$53,870,923
FEE INCOME
Revenue
$17,940,854
OTHER OPERATING INCOME
Revenue
$1,091,575
Organization Details
Founding Year
1949
Phone
(262) 389-1758
Principal Officer
Darrick Weeks
Main Address
300 2ND ST N STE 400, LA CROSSE, WI, 54601
Website
www.marinecu.com
NTEE Category
Code: W60 - Public benefit
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