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Municipal Credit Union was founded in 1916 for municipal workers in New York City. John Purroy Mitchel, New York City's Mayor at the time, wanted city employees to have alternatives to loan sharks and encouraged the chartering of the organization. On November 2, 1977, the New York State Banking Department took over MCU for a brief time, citing ...
The National Credit Union Administration is the U.S. independent federal agency that supervises and charters federal credit unions. As of December 31, 2022, there were 4,760 federally insured credit unions in the United States with 135.3 million members.
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.
Applications are available at MCU’s Brooklyn branches at 350 Jay Street, 1560 Flatbush Avenue, 2142 Ralph Avenue, and 1904 Surf Avenue, on MCU’s website, www.nymcu.org, and also at any MCU ...
MCU is an equal opportunity lender, and deposits are federally insured to at least $250,000 by the National Credit Union Administration (NCUA), a U.S. government agency. For more information about ...
Municipal Credit Union (MCU) is the oldest credit union in New York State and one of the oldest and largest in the country. Established in 1916 and headquartered in New York City, today MCU has ...
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