NEW YORK CITY -- Municipal Credit Union President/CEO Kam Wong (center) met with representatives from Indias National Federation of State Cooperative Banks (NAFSCOB) at MCUs corporate office on August 26 to discuss cooperative banking practices and the structure of credit unions in the United States. The meeting was part of a multi-city trip by the delegation to learn about Credit Union structure, regulation, and the similarities between U.S. Credit Unions and Cooperative Banks in India. This is the first visit by a delegation from India to MCU. MCU has �previously hosted delegations from China, Australia, and Brazil.
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 assets of over $2.2 billion and offers a full range of financial services to over 375,000 members. With branches in New York City, Westchester and Long Island, members also have access to the credit unions large and growing ATM network. Eligibility to open accounts at MCU is available to New York City and Yonkers municipal employees; state and federal employees who work in the five boroughs; health care professionals who work in New York State; members of select industry groups; employees of private colleges in New York City and private and public colleges in Nassau, Suffolk, and Westchester; all students enrolled in a college, university, school, or institution in the City University of New York (CUNY) education system; certain family members, and qualifying retirees. 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, visit
www.nymcu.org.
NEW YORK CITY -- Municipal Credit Union President/CEO Kam Wong (center) met with representatives from Indias National Federation of State Cooperative Banks (NAFSCOB) at MCUs corporate office on August 26 to discuss cooperative banking practices and the structure of credit unions in the United States. The meeting was part of a multi-city trip by the delegation to learn about Credit Union structure, regulation, and the similarities between U.S. Credit Unions and Cooperative Banks in India. This is the first visit by a delegation from India to MCU. MCU has �previously hosted delegations from China, Australia, and Brazil.
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 assets of over $2.2 billion and offers a full range of financial services to over 375,000 members. With branches in New York City, Westchester and Long Island, members also have access to the credit unions large and growing ATM network. Eligibility to open accounts at MCU is available to New York City and Yonkers municipal employees; state and federal employees who work in the five boroughs; health care professionals who work in New York State; members of select industry groups; employees of private colleges in New York City and private and public colleges in Nassau, Suffolk, and Westchester; all students enrolled in a college, university, school, or institution in the City University of New York (CUNY) education system; certain family members, and qualifying retirees. 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, visit www.nymcu.org.