JACKSONVILLE, NC (October 23, 2024) — Marine Federal Credit Union came into existence on April 20, 1959, when eight gentlemen made the request to become a federal credit union that would serve the Military, Department of Defense employees, and their families aboard Marine Corp Base Camp Lejeune. On April 24, 1959, the request was approved by the Bureau of Federal Credit Unions.
The first official office/branch was located in a warehouse aboard Camp Lejeune. It was heated by a pot-bellied stove and secured by a chicken wire fence. Sixty-five years later, on Monday, October 15, over 250 past and present employees, military and government dignitaries, our suite of volunteers serving on the Board, and our Supervisory Committee gathered to celebrate the milestone of surpassing a billion dollars in assets.
“It took us 65 years to parlay $40 into $100,000,000 dollars at the end of August,” said Chuck Collins, Marine FCU’s Chairman of the Board of Directors. Mr. Collins recognized the Board Volunteers and Executive Teams, past and present, who helped achieve this success.
With currently almost 100,000 members, it's hard to believe we only started with eight. April 24, 1959 ... the date we began. We have grown to 15 branches throughout North Carolina, Virginia, and South Carolina. At the end of the decade, we almost doubled our membership with 93,732 members and $260,267,093 in assets. For more information please visit https://www.marinefederalhb.org
Ceci Markwick
910.355.5608 | cmarkwick@marinefederal.org
