# MARINE CREDIT UNION

> **Canonical URL:** https://saferate.com/lenders/marine-credit-union

> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible

MARINE CREDIT UNION is a credit union, headquartered in La Crosse, WI, serving borrowers across 4 states, with 602 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 91% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 59% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 5493007DIB8YPDM6NR52
- **Headquarters:** La Crosse, WI
- **Geographic Reach:** Regional
- **States Served:** 4
- **State List:** IA, IL, MN, WI
- **Markets (MSAs):** 13
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 9/100
- Rating: ●○○○○ (1/5)

### Pull Through: Sound ☺️
- Score: 41/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +1.308%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,606
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 602
- **Dollar Volume:** $90 million
- **Applications Received:** 1,943
- **Market Share:** 2.00%

## Typical Borrower Profile

- **Average Loan Amount:** $149,120
- **Average Borrower Income:** $86,312

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 70/100 | 602 | +1.308% | $2,606 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 197 loans, Score: 48/100 (Sound)
- Refinance: 405 loans, Score: 81/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 47/100 | 197 | $34M | +1.435% | Sound ☺️ |
| Refinance | 80/100 | 405 | $56M | +1.249% | Exceptional 🤩 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| WI | 461 | 0.70% | 84/100 |
| IA | 92 | 0.26% | 64/100 |
| MN | 30 | 0.05% | 51/100 |
| IL | 19 | 0.02% | 44/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 198 | 64/100 |
| Milwaukee | WI | 71 | 66/100 |
| Des Moines | IA | 45 | 61/100 |
| Fond du Lac, WI | WI | 44 | 75/100 |
| Green Bay, WI | WI | 39 | 65/100 |
| Eau Claire, WI | WI | 38 | 63/100 |
| La Crosse | WI-MN | 28 | 58/100 |
| Racine | WI | 21 | 55/100 |
| Appleton, WI | WI | 20 | 52/100 |
| Davenport | IA-IL | 20 | 52/100 |
| Rochester, MN | MN | 16 | 50/100 |
| Sheboygan, WI | WI | 12 | 47/100 |
| Madison, WI | WI | 11 | 43/100 |

## Frequently Asked Questions

### What loan types does MARINE CREDIT UNION offer?

MARINE CREDIT UNION offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does MARINE CREDIT UNION offer mortgages?

MARINE CREDIT UNION offers mortgages in 4 states: IA, IL, MN, WI.

### How competitive are MARINE CREDIT UNION's mortgage rates?

MARINE CREDIT UNION has a pricing score of 9/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 1.308% above market average.

### What type of lender is MARINE CREDIT UNION?

MARINE CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in La Crosse, WI.

### What is MARINE CREDIT UNION's loan approval success rate?

MARINE CREDIT UNION has a pull-through score of 41/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/marine-credit-union

### How to Cite

> "MARINE CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/marine-credit-union

---

**[View Interactive Profile →](https://saferate.com/lenders/marine-credit-union)**