How to contact MCU

About

MCU or Municipal Credit Union was established in 1916 and has since been catering to the financial needs of all its members. It was John Purroy Mitchel who gave birth to the credit union in an attempt to give the city employees low-costs at borrowing as opposed to loan sharks. As the New York City Mayor. He decided to allow citizens have access to reasonable rates in credit union.

When it started, it was just one branch where promotions were done through handwritten ledgers as the offices were housed in the Municipal building. The account deposits of 19 charter accounts at the end of the first year of their establishing the company were $570 in total. Today, they have an estimated 19 branches all over with over five hundred thousand members and an asset capacity of $2.9 billion.

Table of Contents

Products and Services :-

MCU offers the following services to its customers-

  • Loans
  • Credit Cards
  • Checking
  • Savings
  • Student Banking
  • Insurance
  • Fixed Rate Mortgages
  • Adjustable Rate Mortgages
  • Jumbo Fixed Rate Mortgages
  • Home Equity Line of Credit

 

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