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Municipal Credit Union (MCU) is a state chartered credit union headquartered in New York City, regulated under the authority of the National Credit Union Administration (NCUA). MCU is metro New York's largest credit union. As of 2018, MCU had $2.68 billion in assets. It has approximately 425,000 members and 18 branches. History
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Bank Australia is an Australian customer-owned bank based in Collingwood, Victoria. The organisation can trace its origins back to 1957, when the CSIRO Co-operative Credit Society was formed. Over succeeding years, mergers among 72 other credit unions and co-operative banks eventually led to the creation of the Members & Education Credit Union ...
MCU was started in 1935 by nine Greenwich school teachers who were unable to get small loans at local banks, according to the credit union's website. The teachers formed a cooperative, pooled ...
It is the largest union-owned bank [2] and one of the only unionized banks in the United States. Amalgamated Bank is currently majority-owned by Workers United, an SEIU Affiliate. [3] It was founded on April 14, 1923, by the Amalgamated Clothing Workers of America. [4] As of 30 July 2023, Amalgamated Bank had $7.8 billion in assets. [5]
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The Michigan Schools and Government Credit Union ( MSGCU) is headquartered in Clinton Township, Michigan, and has a membership size of more than 137,000 and assets of over $3 billion as of December 2021. MSGCU was founded in 1954 and is a not-for-profit financial institution, which is owned and operated by its members.
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