Marshfield Medical Center Credit Union

What Marshfield Medical Center Credit Union does

Marshfield Medical Center Credit Union (MMCCU) is a member-owned, not-for-profit financial cooperative founded in 1965 and headquartered at 302 W Upham St., Marshfield, Wisconsin. Membership is restricted under a closed charter to healthcare workers and their immediate families across Central Wisconsin, spanning roles from physicians to administrative staff, and the institution is independent of any specific medical facility. It serves approximately 4,000 members and is governed by a nine-member volunteer board of directors.

MMCCU provides full-service retail banking across deposit products (checking, savings, certificates, IRAs, HSAs, youth accounts) and lending products (mortgages, construction loans, HELOCs, home equity second mortgages, vehicle and RV loans, solar loans, consolidation loans, Kwik Cash lines of credit, private education loans, and Visa credit and debit cards). Service infrastructure consists of a single physical branch with lobby and drive-up access, the vendor-provided OASIS online and mobile banking platform, digital wallet support (Samsung Pay, Google Pay, and Apple Pay launching February 2026), card management tools (Brella, SecurLOCK), and nationwide access through the CO-OP Shared Branch network. Ancillary services include safe deposit boxes, wire transfers, notary, medallion signature guarantees, trust and will preparation, and insurance referrals via TruStage.

Revenue is generated primarily through net interest income on the loan portfolio, supplemented by transaction fees on deposit accounts, Visa credit card interest and fees, service fees, and referral income from insurance and investment partners. The credit union is federally insured by the NCUA and holds NMLS license #613613 for residential mortgage activity. GTM relies on community-led marketing, employer and nonprofit partnerships (Marshfield Area United Way, Children's Miracle Network, Marshfield Clinic Health System), participation in local events, financial workshops with Neufeld Capital Management, and digital content via website and email. Product launches in 2025-2026 (private education loans, digital wallets, debt-to-income module) and a new AVP HR role indicate incremental, product-led expansion.

Name

Marshfield Medical Center Credit Union

Legal name

Marshfield Medical Center Credit Union

Website

https://mmccu.com

Company type

Private

Founded year

1965

Operating status

Operating

Headcount range

11–50 employees

Short description

Marshfield Medical Center Credit Union (MMCCU) is a member-owned, closed-charter credit union founded in 1965 serving healthcare workers and their families in Central Wisconsin through deposits, consumer and mortgage lending, and digital banking via a single Marshfield branch and the OASIS platform.

Ownership category

akta.pro rank

Product category

Community Credit Union Banking

NAICS

Credit Unions (522130)

SIC

Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

akta.pro secondary industry

Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)

Keywords

• Credit union services
• Consumer banking
• Mortgage lending
• Healthcare member banking
• Deposit accounts

Headquarters

HQ city

Marshfield

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Interest Income from Loans: Primary revenue source from interest charged on mortgage loans, consumer loans, vehicle loans, RV loans, HELOCs, credit cards, and other lending products. Credit unions return earnings to members through better rates and lower fees.
2. Checking and Savings Account Fees: Fees from checking accounts, including overdraft protection (Courtesy Pay), wire transfers, and other account services.
3. Service Fees: Fees for services including safe deposit boxes, notary services, medallion signature guarantees, and bill payment.
4. Credit Card Fees: Visa credit card interest and fees.
5. Insurance and Investment Referrals: Partnership with TruStage for insurance products and referrals to financial advisors for investment services, generating referral income.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels6 records

Core offering

Marshfield Medical Center Credit Union is a member-owned, not-for-profit financial cooperative that provides retail banking services to healthcare workers and their families in Wisconsin. It offers deposit products (checking, savings, money market, certificates, IRAs, HSAs, children's accounts), a full lending suite (mortgage purchase and refinance, construction, HELOC, home equity, vehicle, RV, boat, solar, consolidation, education, and Visa credit cards), and ancillary services including safe deposit boxes, wire transfers, notary, trust and will assistance, and digital banking through OASIS with mobile wallets and card controls.

Product overview

Marshfield Medical Center Credit Union (MMCCU) is a member-owned financial cooperative serving the medical community in Wisconsin since 1965. The organization operates as a single-location credit union offering a comprehensive suite of banking products organized around two core areas: deposit products (checking, savings, certificates, IRAs, HSAs, and youth accounts) and lending products (mortgage loans including construction and home equity options, consumer loans for vehicles and RVs, education loans, and credit cards). The credit union also provides ancillary services such as digital banking through its OASIS platform, digital wallet integrations (Samsung Pay, Google Pay, Apple Pay), card management tools (Brella, SecurLOCK), travel services via CO-OP Shared Branch network, and estate planning assistance. Youth services include the Kids Rewards Club program. The product architecture is organized as a traditional full-service credit union with bundled products rather than a modular platform approach.

Differentiator

Problem solved

Functional benefit

Products and services

• Checking Accounts A selection of checking accounts offered to healthcare-worker members and their families for everyday transactional banking.
• Savings & Certificates Variety of savings accounts and certificate options including regular savings, money market accounts, and term certificates for members.
• Individual Retirement Accounts (IRAs) Traditional and Roth IRAs to assist members in preparing for retirement.
• Health Savings Accounts (HSAs) Tax-advantaged accounts designed to cover individual and family medical expenses for members with high-deductible health plans.
• Children's Accounts and Kids Rewards Club Savings and account options designed for children, including the Kids Rewards Club program with financial literacy rewards.
• Mortgage Loans Home purchase and refinance loans with competitive rates and personalized mortgage professional service.
• Construction Loans Financing for building new homes, covering construction costs from ground-breaking through completion.
• Home Equity Line of Credit (HELOC) Revolving credit line secured by home equity with variable rates, ideal for phased renovation projects and flexible borrowing needs.
• Home Equity / Second Mortgage Loans Fixed-rate second mortgages using home equity for lump-sum borrowing, best for known project costs with predictable payments.
• Vehicle Loans Auto loans for new and used vehicles with competitive rates.
• RV and Recreation Vehicle Loans Financing for recreational vehicles including campers, UTVs, ATVs, boats, and other recreational vehicles.
• Solar Loans Loans specifically designed to finance solar panel installations for residential properties.
• Consolidation Loans Debt consolidation loans to help members combine multiple debts into a single payment.
• Education Loans Student loans including private education loans for graduates and current students; also offers refinancing options for existing student loans.
• Private Education Loans Private student loans available for graduates and in-school students seeking better terms or lower interest rates than federal loans.
• Visa Credit Cards Visa credit cards with various reward programs and competitive rates for members.
• Kwik Cash Line of Credit Line of credit up to $10,000 for checking account holders, with lower rates than credit cards; provides automatic overdraft protection.
• Visa Debit Cards and Courtesy Pay Overdraft Protection Visa debit cards with optional rewards points and Courtesy Pay overdraft protection allowing the credit union to authorize debit and ATM transactions up to a specified limit.
• Travel Services and CO-OP Shared Branch Access Convenient options to access money while traveling, including CO-OP Shared Branch access and ATM networks.
• Trust and Will Services Estate planning assistance including trust and will preparation services for members.
• OASIS Online and Mobile Banking Comprehensive online and mobile banking platform providing account access, bill pay, eStatements, and card management tools.
• Digital Wallets (Apple Pay, Google Pay, Samsung Pay) Mobile payment options including Samsung Pay, Google Pay, and Apple Pay for contactless payments with members' debit cards.
• Safe Deposit Boxes Secure storage for valuables, important documents, and sentimental items at credit union locations.
• Wire Transfers Secure online money transfer services to send funds domestically and internationally.
• Insurance Solutions (TruStage Partnership) Insurance products offered through TruStage partnership for auto, home, life, and other coverage needs of members.

Named customers7 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration16 records

Feature5 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• Altrusa of MarshfieldminorStrategic or Co-development Partner · 30 June 2026Partnership to help fill the Child Life Book Vending Machine at Marshfield Children's Hospital. MMCCU collecting new children's books with goal of 100 books by July 31. Altrusa played important role in making the book vending machine possible through funding and grants coordination.
• Marshfield Area United WaycoreStrategic or Co-development Partner · 1 January 2025Ongoing community partnership including 2025 Community Partner recognition, holiday meal packing for families, United We Can food sculpture competition, Community Baby Shower collection site, and Benevolent Branches holiday giving campaign.
• Children's Miracle Network (CMN) / Children's HospitalcoreStrategic or Co-development PartnerCredit Unions for Kids campaign partner. Supports CMN through Share-a-Bear program (25+ years), root beer float fundraisers, CMN Day participation, and annual donations. 100% of donations stay local to help children in northern and central Wisconsin.
• Federal Home Loan Bank of ChicagocoreStrategic or Co-development PartnerCOVID-19 Relief Program partnership providing zero-rate advances and grants. MMCCU donated $5,000 each to four nonprofits: Marshfield Clinic Health System Foundation, Ronald McDonald House, Rotary Winter Wonderland, and The Hannah Center.
• Ronald McDonald HouseminorStrategic or Co-development PartnerMMCCU 60th anniversary member appreciation event raised $2,000 for the Ronald McDonald House in Marshfield. Ongoing support for families of pediatric patients.
• TruStage (Trustage)minorGTM or Marketing PartnerInsurance solutions partner providing insurance and investment products marketed to MMCCU members through the credit union's website and communications.
• Neufeld Capital ManagementminorImplementation/ SI/ Consulting PartnerFinancial workshop partnership offering educational sessions on retirement planning, tax planning, and investment topics. Workshops held at MMCCU featuring advisors Chris Neufeld and Patrick Denis.
• CUNA / Credit Union National AssociationminorImplementation/ SI/ Consulting PartnerProfessional development through FiCEP (Financial Counseling Certification Program) and CUNA Leadership Institute. CUNA GAC conference participation for small credit union initiatives.
• Reliable ResidenceminorStrategic or Co-development PartnerHousing partnership helping healthcare professionals (residents, traveling nurses, visiting technicians) find housing in the Marshfield area when relocating.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Alliant Credit Union: Large US digital-first credit union serving multiple employee groups including healthcare workers. Comparable to MMCCU in serving healthcare-affiliated members among its broader field of membership, but operates nationally with a digital-only model and significantly larger scale.
• Bethpage Federal Credit Union: One of the largest US credit unions, serving a broad field of membership including healthcare employees. Comparable in offering a full retail banking suite (deposits, mortgages, consumer loans), but at much greater scale and geographic reach.
• Digital Federal Credit Union (DCU): Large Massachusetts-based digital-first credit union serving a broad membership including healthcare, technology, and other employee groups. Comparable in full-service retail banking and digital banking emphasis, but with substantially larger scale and national footprint.

Regional players

• Summit Credit Union: Wisconsin-based community credit union serving the greater Madison area. Comparable in full-service retail banking offering and Wisconsin market presence, though substantially larger than MMCCU.
• CoVantage Credit Union: Wisconsin-based community credit union headquartered in Antigo, north-central WI. Comparable to MMCCU in serving a similar rural Wisconsin geography with community-based retail banking, though larger and broader in membership.
• Connexus Credit Union: Wisconsin-based community credit union offering similar deposit, mortgage, and consumer loan products. Comparable in market geography and community-credit-union business model, but with a larger member base and broader field of membership.
• UW Credit Union: Large Wisconsin-based community credit union serving UW-Madison affiliates and broader Wisconsin residents. Comparable in operating geography and full-service retail banking model, though serving a much broader field of membership.

Direct peers

• Healthcare Associates Federal Credit Union: Healthcare-worker-focused federal credit union in the Southeast. Comparable to MMCCU in targeting healthcare professionals as its core field of membership and providing community-style retail banking products.
• AdventHealth Credit Union: Closed-charter credit union serving AdventHealth employees and their families across Central Florida. Directly comparable to MMCCU as a healthcare-employer-focused CU offering deposits, mortgages, and consumer loans to a defined medical workforce.
• Mayo Clinic Employees Federal Credit Union: Federal credit union serving Mayo Clinic employees and their families. Closest functional analogue to MMCCU — closed-charter, healthcare-employer-specific membership base, full-service retail banking, and a focus on healthcare worker financial wellness.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/marshfield-medical-center-credit-union

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Marshfield Medical Center Credit Union