Why Choose a Credit Union

By Laura Erschnig, Branch Manager, Davenport

Selecting a financial institution is no easy task. Why a credit union instead of a bank? Better interest rates or more flexibility? These questions can become overwhelming. That’s why Marine Credit Union is here to help you understand the ins and outs of your finances. Our members bank with us for hundreds of reasons, but here are a few of the most popular.

Keeping the Member in Mind, Not the Credit Score

Marine Credit Union serves over 90,000 members in three states. We’ve grown quickly since the 1930s, all because we put people – our members! – at the center of every decision we make. Credit unions are, by definition, non-profit money cooperatives whose members pool their deposits to ensure low interest rates for borrowing.

At Marine, we leverage the credit union model to achieve our mission – making a positive difference in people’s lives. All financial decisions – from the types of loans we make to the kind of accounts our member services representatives set up for you at your local MCU branch office – are made with the individual person in mind. We view our members as people with stories, not just credit scores or account numbers. Because credit union users are members and represent an ownership share in the credit union, MCU members are a part of the family.

Operated by Local Community Members

Decisions for our branches are made by Marine Credit Union team members who live locally and serve as leaders in their individual communities. This allows them to bring a unique perspective to our business. Who knows the needs of a location better than someone living in that same community? Our local ties mean we’re always keeping the people close to our branches in mind.

Giving Back through MCU Foundation

The MCU Foundation was created to help families, students, and organizations in our local areas achieve big things and make the lives of our members better. Members and employees willingly donate funds and select which causes receive our assistance – from nonprofits to scholarships to community projects. Better yet – the funds raised by the MCU Foundation is matched 2 to 1 by Marine, meaning every dollar goes farther!

Providing Financial Counseling and Resources

Our commitment to providing financial decisions with the person in mind means we want to know your story and help you create a better future. We’ve created programs like our “Get Credit” initiative to help members get or increase past credit scores. We also partner with other financial service providers to give members access to educational resources and counseling that set them up for long-term financial stability and success.

At Marine, you are so much more than a credit score! If you’re searching for a new financial institution, want to know more about the credit union, or want a long-term financial institution partnership with your financial success at its center, you’ve come to the right place. We’d be happy to explain more reasons we believe you belong at Marine! Contact us today.

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