MARINE CREDIT UNION
811 MONITOR STREET, LA CROSSE, WI 54603 www.marinecu.com

Total Revenue
$63,762,630
Total Expenses
$59,467,830
Net Assets
$87,386,394

Organizations Filed Purposes: WE WILL SERVE MORE OF THE UNDERSERVED WITH PRODUCTS, SERVICE, TIME AND GIVING. WE WILL INCREASE THE NUMBER AND PERCENTAGE OF CUSTOMERS AVAILING THEMSELVES OF A VARIETY OF HIGH QUALITY SERVICES.

WE WILL SERVE MORE OF THE UNDERSERVED WITH PRODUCTS, SERVICE, TIME AND GIVING.

DEPOSIT TAKING - MARINE CREDIT UNION ACTS AS A FINANCIAL INTERMEDIARY IN EACH OF THE COMMUNITIES IT SERVES. EACH OF OUR 76,494 MEMBERS HAS AT LEAST ONE SAVINGS ACCOUNT AND THESE MEMBERS HAVE OVER 56,853 CHECKING ACCOUNTS WITH MARINE. WE OFTEN PROVIDE THESE SERVICES AT A LOWER COST THAN WHAT WOULD OTHERWISE BE AVAILABLE. WE PROTECT OVER $626,831,158 MILLION OF INSURED FUNDS ON BEHALF OF OUR DEPOSITORS.

MORTGAGE LENDING - MARINE CREDIT UNION IS AN INTEGRAL PART OF THE COMMUNITIES WE SERVE BY PROVIDING OVER 1,699 LOANS TOTALING OVER $83,222,651. THESE LOANS ARE USED BY BORROWERS TO PURCHASE, REFINANCE OR IMPROVE THEIR HOMES. CURRENT MORTGAGE LOANS OUTSTANDING EXCEED $348,345,275.

CONSUMER LENDING - MARINE CREDIT UNION IS A FULL SERVICE CONSUMER LENDING INSTITUTION. IN 2018 WE GRANTED OVER 19,699 CONSUMER LOANS FOR A TOTAL OF OVER $171,375,938. THESE LOANS ARE USED BY OUR BORROWERS TO CONSOLIDATE DEBT, PURCHASE GOODS SUCH AS AUTOMOBILES AND RECREATIONAL VEHICLES AND TO FINANCE CONTINUING EDUCATION EXPENSES. THE TOTAL CONSUMER LOAN PORTFOLIO IS GREATER THAN $248,477,520.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Shawn L HansonPRESIDENT/CEO40$411,438
Bill JamesCFO40$305,263
Adam KeerCHIEF EXPERIENCE OFFICER40$222,150
Ronald CockleSENIOR VICE PRESIDENT BUSI40$211,266
Gregory HigginsCHIEF HUMAN RESOURCES OFFICER40$210,872
Jack KalanderCHIEF INFORMATION OFFICER40$207,698
Mark BarkerSVP-REGIONAL MANAGER40$204,898
Michael SpillaneSVP OF LOAN QUALITY AND CREDIT RISK40$166,564
Jason CobbSENIOR VP OF OPERATIONS40$164,425
Brian JohnsonDISTRICT MANAGER40$163,683
Tom KnotheCHAIRMAN10$24,000
Richard SwantzDIRECTOR1$18,000
William MaasDIRECTOR1$18,000
Robert CarneyTREASURER1$18,000
Mark ReedSECRETARY1$18,000
William SaciaVICE CHAIRMAN1$18,000
Anne SnowDIRECTOR1$9,000

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201923199349320862_public.xml