Marquette Community Federal Credit Union

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A short history of Marquette Community FCU

Since its inception in 1952 the Marquette Community Federal Credit Union has been serving its members in the MARQUETTE, Michigan area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Jim Lori, the Marquette Community FCU has grown its membership to over 9,353 with assets of more than $75,544,309. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (906) 228-9850 or email them at loans@marquettecomm.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in MARQUETTE, MI.

General Information For Marquette Community FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 7873
Address 1230 WEST WASHINGTON ST 
City MARQUETTE 
State Michigan 
Zip-Code 49855
Phone Number (906) 228-9850
Fax Number (906) 228-7662
Email Address: loans@marquettecomm.org
CEO/President Jim Lori
Members 9,353 
Full-Time Employees 11 
Part-Time Employees 12 
Number of Branch Offices
Total Assets 75,544,309 
Website http://www.marquettecomm.org 

Compare Marquette Community Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
U.p. Catholic CU U P Catholic - Negaunee Branch 487 US Highway 41 49866 (906) 475-4422 No 2.90
Trunorth CU Inside Walmart 3225 US Highway 41 W 49855 (906) 228-0624 No 14.86
Northern Lights Community CU Northern Lights Community FCU PO Box 126 49816 (906) 439-5100 No 27.62

Marquette Community Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Marquette Community Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.49 3.90 3.90 6.00 4.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 121 262 190 373 132
Rank Among All Michigan Credit Unions 15 79 46 99 23

Marquette Community Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.15 0.10 0.75 0.75
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 119 134 215 192
Rank Among All Michigan Credit Unions N/A 14 30 47 38
Marquette Community Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.4902,0151,925,961
All Other Unsecured Loans/Lines of Credit 9.9506481,447,704
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.900791,322,492
Used Vehicle Loans 3.9001,33511,791,908
Total 1st Mortgage Real Estate Loans/Lines of Credit 6.000471,934,709
Total Other Real Estate Loans/Lines of Credit 4.2501874,687,064
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 9.9003703,511,570
TOTAL LOANS & LEASES 4,68126,621,408

Marquette Community Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 643,52300
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 411,891,1863199,836
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1874,687,0645321,000
Open-End Fixed Rate 0000
TOTALS 2346,621,7738520,836

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Marquette Community Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes