With over $1 billion in assets and about 300,000 members, Municipal CU is a credit union that offers a broad range of high quality, low cost services.

Please Select Loan Type Refinance Home Equity Debt Consolidation Home Purchase

Municipal Credit Union Mortgage Overview

Municipal CU has many different mortgage loan options. For fixed rate mortgages they have a MYCOMMProgram, 30 year, 25 year, 20 year, 15 year, 10 year; also MYCOMM97, 30 Year FixFlex97%, and a 30 Year Fixed 100. For adjustable rate mortgages they have 1 year ARM, 3/1 Year ARM, 5/1 Year ARM, and 7/1 Year ARM. If you are looking for a jumbo loan, you can get a 10, 15, 20, 25, or 30 Year loan. They have 3 different home equity loans all 20 Year lengths (Home EQ, Variable, and HE-5).

In the year of 2005, Municipal Credit Union grew there assets by 4.4% and its membership by 4.9%. The credit union membership grew by a total of 15,063 new members. Assets went up by a good amount of $54,689,000. The total loan amounts lent went from $873,735,000 in 2004 to $921,801,000 in 2005. Their net worth ratio went up slightly (0.42) to 10.78. Municipal CU reduced their job opportunities to 522 by removing 8 employees.

Total Assets: $1,232,845,000
Total Loans: $921,801,000
Net Worth Ratio: 10.78
% Share Growth: 3.23
% Loan Growth: 5.50
Loans/Assets Ratio: 74.77
Investment/Assets Ratio:
Number of Members: 307,692
Number of Full-time Employees: 522

Municipal Credit Union is located throughout New York. They have branches in Manhattan, Bronx, Brooklyn, Queens, Elmhurst, Staten Island, Elmont, Melville, and Yonkers.

Total Assets: $1,178,156,000
Total Loans: $873,735,000
Net Worth Ratio: 10.36
% Share Growth: 2.64
% Loan Growth: 11.42
Loans/Assets Ratio: 74.16
Investment/Assets Ratio:
Number of Members: 292,629
Number of Full-time Employees: 530

April 11 - Mr. O’Leary the past president of the Massachusetts Police Association, Arlington Municipal Credit Union, Arlington Relief Association and Arlington Police Ranking Officers’ Association died April 2.

Disclaimer: We are not affiliated with Municipal Credit Union. This is a financial resource site that offers reviews of other financial companies sites and services. Our goal is to help empower the consumer so they can make the best, informed choices related to their financial decisions.

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