Overview
What is Marathon County Employees Credit Union?
Marathon County Employees Credit Union is a member-oriented financial institution dedicated to meeting the evolving financial needs of its members. Since 2021, it has provided various loan programs and deposit accounts, resulting in an increase in member base to 2,862 and funding of 1,234 new loans, as well as the opening of 203 new deposit accounts. This credit union stands out by offering a range of financial services, ensuring its members have the necessary resources to manage their financial well-being.
Official website here: www.mcecu.org
What do the Facebook reviews say about Marathon County Employees Credit Union?
100% of 20 reviewers on Facebook recommend Marathon County Employees Credit Union. Here is a summary of their reviews:
The overwhelmingly positive sentiment among users highlights the credit union's exceptional customer service. Many reviewers praised the friendly and personalized approach of the staff, emphasizing that they aren't just another account number but rather valued individuals. This sense of community and recognition contributes greatly to the overall experience.
Additionally, the small touches, like the popcorn offered on Fridays, enhance the welcoming atmosphere, making visits enjoyable. Overall, clients feel appreciated and well taken care of at Marathon County Employees Credit Union, solidifying their loyalty to the institution.
This AI summary has been generated from reviews found on Facebook.
Is Marathon County Employees Credit Union legitimate?
Marathon County Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Marathon County Employees 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $117,276
Professional Fundraising Fees: $0
Other Salaries and Wages: $313,097
For more financial information, click here
Official website here: www.mcecu.org
What is the mission statement of Marathon County Employees Credit Union?
Marathon County Employees Credit Union's mission is centered around serving the evolving financial needs of its members. The credit union achieves this through various loan programs and deposit accounts. In the year 2021, they funded 1,234 new loans and opened 203 new deposit accounts, resulting in a total of 2,196 loans receivable and 2,862 members as of December 31st. This indicates their commitment to catering to their members' financial requirements, providing them with the necessary financial tools and resources.
Official website here: www.mcecu.org
Who is the CEO of Marathon County Employees Credit Union?
Jami Olcott is the President of Marathon County Employees Credit Union.
Official website here: www.mcecu.org
What is the revenue of Marathon County Employees Credit Union?
Marathon County Employees Credit Union's revenue in 2022 was $1,727,380.
Official website here: www.mcecu.org
Who are the executives of Marathon County Employees Credit Union and what are their salaries?
The average compensation at Marathon County Employees Credit Union during 2022 was $53,797. There are 8 employees and 7 volunteers at Marathon County Employees Credit Union.
Here are 6 key members and their salaries:
- Compensation: $111,076
- Related: $0
- Other: $83,461
- Compensation: $2,800
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $800
- Related: $0
- Other: $0
- Compensation: $800
- Related: $0
- Other: $0
- Compensation: $800
- Related: $0
- Other: $0
Official website here: www.mcecu.org
Where can I find the form 990 for Marathon County Employees Credit Union?
Marathon County Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcecu.org
Learn more at the official website: www.mcecu.org
Mission Statement of Marathon County Employees Credit Union
Marathon County Employees Credit Union is dedicated to addressing the evolving financial needs of its members. By offering a variety of loan programs and deposit accounts, the credit union aims to cater to its members' shifting financial requirements effectively. Throughout 2021, Marathon County Employees Credit Union funded 1,234 new loans and welcomed 203 new members by opening new deposit accounts. As a result, the credit union managed 2,196 loans and served a membership of 2,862 individuals as of December 31, 2021. This data highlights the credit union's commitment to empowering its members by meeting their financial demands with tailored solutions.
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Impact
October, 2024
Marathon County Employees Credit Union plays a significant role in the financial well-being of its members by addressing their evolving financial needs through a variety of services. In 2021, the credit union successfully funded 1,234 new loans, facilitating access to essential financial resources for its members. Additionally, it opened 203 new deposit accounts, enabling members to save and manage their finances effectively.
With a total of 2,196 loans receivable and serving 2,862 members as of December 31, 2021, the credit union fosters a supportive financial community in Wausau, Wisconsin. By offering multiple loan programs and deposit accounts, Marathon County Employees Credit Union not only helps individuals achieve their financial goals but also strengthens the local economy by promoting financial stability and growth among its members.
This information is meant to be a general summary of Marathon County Employees Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Investment Income: $154,158
- Program Service Revenue: $1,568,697
- Gross Receipts: $1,727,380
Assets and Liabilities:
- Total Assets: $40,614,679
- Total Liabilities: $35,175,618
- Net Assets: $5,439,061
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$1,196,371
OTHER MEMBER RELATED INCOME
Revenue
$250,631
MEMBER FEE INCOME
Revenue
$117,375
FEE & INSURANCE REVENUE
Revenue
$4,320
Organization Details
Founding Year
1965
Phone
(715) 261-7689Principal Officer
Jami Olcott
Main Address
400 EAST THOMAS STREET, WAUSAU, WI, 54403
Website
www.mcecu.orgIf you are a representative of Marathon County Employees Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.