Municipal Credit Union

22 Cortlandt Street
New York, NY 10007
(800) 843-1867
www.nymcu.org

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Municipal Credit Union is headquartered in NEW YORK and is the 9^th largest credit union in the state of New York. It is also the 86^th largest credit union in the nation. It was established in 1917 and as of December of 2011, it had grown to 584 employees and 327,607 members. Municipal Credit Union has a 4-star health rating.

Municipal Credit Union Routing Number: 226078036

5.30% 36-Month / 5.25% 24-Month CD at a New York CU (Municipal). - 12/5/2007

Update 12/29/07: These CD rates have fallen. Please see the credit union's website for the latest rates.Municipal Credit Union has competitive rates on its share certificates. The top yield is 5.30% APY for a 36-month term. The 24 and 30 month CDs have a...

5.64% 24-Month / 5.64% 36-Month CD at a New York CU (Municipal) - 3/26/2007

Municipal Credit Union is offering a 5.64% APY share certificate for terms of 24 and 36 months. The minimum deposit is $500. These rates are also available in IRA certificates.Field of membership is primarily based on select employer groups which...

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See Rates for: Savings | Money Market | CD | IRA

Municipal Credit Union Savings Account Rates

Apy	Min	Max	Product
0.75%	$50k	-	Share Account
0.40%	-	-	Smart Apple Savers Club
0.40%	-	-	Future Investors Club
0.20%	-	-	Holiday Club
0.20%	-	-	Vacation Club

Municipal Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.50%	$50k	-	Money Market Account

Municipal Credit Union CD Rates

Apy	Min	Max	Product
1.20%	$500	-	36 Month Share Certificate
1.10%	$500	-	30 Month Share Certificate
1.00%	$500	-	24 Month Share Certificate
0.65%	$250	-	18 Month Deposit Plus Share Certificate
0.65%	$300	-	18 Month Secured Visa Share Certificate
0.55%	$500	-	12 Month Share Certificate
0.45%	$500	-	9 Month Share Certificate
0.35%	$500	-	6 Month Share Certificate
0.25%	$500	-	3 Month Share Certificate

Municipal Credit Union IRA Rates

Apy	Min	Max	Product
1.20%	$500	-	36 Month IRA Certificate
1.20%	$500	-	36 Month Roth IRA Certificate
1.10%	$500	-	30 Month IRA Certificate
1.10%	$500	-	30 Month Roth IRA Certificate
1.00%	$500	-	24 Month IRA Certificate
1.00%	$500	-	24 Month Roth IRA Certificate
0.65%	$100	-	18 Month IRA Certificate
0.65%	$100	-	18 Month Roth IRA Certificate
0.55%	$500	-	12 Month IRA Certificate
0.55%	$500	-	12 Month Roth IRA Certificate
0.45%	$500	-	9 Month IRA Certificate
0.45%	$500	-	9 Month Roth IRA Certificate
0.35%	$500	-	6 Month IRA Certificate
0.35%	$500	-	6 Month Roth IRA Certificate
0.25%	$500	-	3 Month IRA Certificate
0.25%	$500	-	3 Month Roth IRA Certificate

Rates updated: 5/27/2012

Data for Q4 2011

Institution Statistics

MUNICIPAL
NCUA #	60153
BankRate Report	View
Year Chartered	1917
Employees	584
Primary Regulator
Assets and Liabilities
Assets	$1.66 billion
Loans	$1.22 billion
Deposits	$1.47 billion
Equity Capital	$144.09 million
Loan Loss Allowance	$23.57 million
Unbacked Noncurrent Loans	$24.47 million
Historic Data - December 2010
Assets	$1.54 billion
Equity Capital	$150.47 million
Loan Loss Allowance	$22.18 million
Unbacked Noncurrent Loans	$19.07 million
Real Estate Owned	$260,000
Profit Margin - Quarterly
Net Interest Margin	6.33%
Return on Assets	0.13%
Return on Equity	1.45%
Interest Income	$82.95 million
Non-Interest Income	$40.29 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Municipal Credit Union had $24.47 million in non-current loans and owned real-estate with $167.65 million in equity and loan loss allowances on hand to cover it. This gives Municipal Credit Union a Texas Ratio of 14.60% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Municipal Credit Union held steady from 11.20% as of December 31, 2010 to 14.60% as of December 31, 2011, resulting in a negative change of 30.37%. This indicates that the balance sheet and financial strength for Municipal Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Municipal Credit Union has increased its total deposits by $114.14 million, resulting in 8.41% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Municipal Credit Union has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Municipal Credit Union has $1.66 billion in assets with $167.65 million in equity, resulting in a capitalization level of 10.12%, which is above average.