Credit union · NCUA insured
Racine Municipal Employees Credit Union
Top CarrotA $25.8M credit union headquartered in Racine, WI, with 1,894 members and 1 branch in Wisconsin. Best rates: CDs 4.10% and savings 0.08% APY.
Racine Municipal Employees Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 96% of U.S. banks and credit unions
#1 of 14 in Racine, WI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Racine Municipal Employees Credit Union
Founded in 1953, Racine Municipal Employees Credit Union focuses on serving government and municipal employees in Racine.
- Headquarters
- 1907 Lathrop Ave, Racine, WI 53405-3706
- NCUA charter
- 66622
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees and retirees of RYDE Racine Transit are eligible for membership.
Military, government and schools
- Employees and retirees of the City of Racine are eligible for membership.
- Employees and retirees of the County of Racine are eligible for membership.
- Employees and retirees of RUSD and all other Educational Institutions are eligible for membership.
- Employees and retirees of Federal, State, and Municipal Government are eligible for membership.
- Employees and retirees of the Villages of Caledonia & Mt. Pleasant are eligible for membership.
1 more way to join
Family and household
- Immediate family members of qualifying employees and retirees are eligible for membership.
Branches
1 branch in Wisconsin
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Wisconsin
1 branch
- Main OfficeMain office1907 Lathrop Ave, Racine, WI 53405Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 12.86% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.75% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 1.24% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $67 | $59 | — |
- CapitalNet worth ratio12.86%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.75%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets1.24%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$67Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Racine Municipal Employees Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.