Municipal Credit Union, New York, NY

Municipal Credit Union

www.nymcu.org

Municipal Credit Union has been serving the financial needs of our members since 1916. The credit union was chartered in response to the concern of New York City Mayor, John Purroy Mitchel, who wanted city employees to have a way to save at reasonable rates and a low cost borrowing alternative to loan sharks. MCU started out with one branch in the Municipal building using handwritten ledgers. At the end of the first year, nineteen charter account holders had combined deposits of $570. Today, we have 19 branches, more than 500,000 members and over $2.9 billion in assets. Our corporate ...

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Number of Employees: 250-1000
Annual Revenue: $50-100 Million

www.nymcu.org
22 Cortlandt Street
New York, NY USA 10007
Phone: 212.238.3300

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