Municipal Credit Union

  • +1

A short history of Municipal CU

Since its inception in 1917 the Municipal Credit Union has been serving its members in the New York, New York area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Kam Wong, the Municipal CU has grown its membership to over 425,916 with assets of more than $2,700,062,697. They have a main office and 21 branch offices. Please see the credit unions website or contact them by phone at (212) 238-3300 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in New York, NY.

General Information For Municipal CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 60153
Address 22 Cortlandt St 
City New York 
State New York 
Zip-Code 10007
Phone Number (212) 238-3300
Fax Number () -
Email Address: none
CEO/President Kam Wong
Members 425,916 
Full-Time Employees 681 
Part-Time Employees 41 
Number of Branch Offices 21 
Total Assets 2,700,062,697 
Website http://www.NYMCU.ORG 

Compare Municipal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
U S Court House Sdny CU U S Court House SDNY FCU 40 Foley Sq Rm 507 10007 (212) 349-0406 No 0.09
N.u.l. CU National Urban League 120 Wall St Fl 7 10005 (212) 558-5300 No 0.11
The Finest CU Main Branch 59 Maiden Ln 10038 (646) 661-1886 No 0.37
New York State Employees CU nysefcu 80 wall st ste 315 10005 (212) 233-4570 No 0.60
University Settlement CU Door a Center Alternatives 121 Avenue of the Americas 10013 (212) 941-9090 No 1.02

Municipal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Municipal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 11.62 2.91 4.30 4.15 4.52
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 387 134 239 163 170
Rank Among All New York Credit Unions 65 58 75 60 54

Municipal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.20 0.16 0.25 0.27
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 108 123 310 262
Rank Among All New York Credit Unions N/A 27 35 81 70
Municipal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.62055,342184,593,399
All Other Unsecured Loans/Lines of Credit 9.41085,064301,926,593
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.9109,250159,331,651
Used Vehicle Loans 4.30014,391200,692,868
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.1503,568771,739,929
Total Other Real Estate Loans/Lines of Credit 4.52084550,739,137
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.12013,38420,366,085
TOTAL LOANS & LEASES 181,8441,689,389,662

Municipal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 3,007694,796,50325472,757,812
    b. 15 Years or less 53073,571,0176410,135,137
    a. > 15 years 3575,54300
    b. 15 Years or less 242,655,04600
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 4141,82000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 19511,100,481261,954,500
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 65039,638,656475,590,659
Open-End Fixed Rate 0000
TOTALS 4,413822,479,06639190,438,108


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 151,273,7540
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Municipal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes