WASHINGTON, DC (September 30, 2025) |
The Defense Credit Union Council (DCUC) proudly welcomes Municipal Credit Union, MCU, as its newest member.
Municipal Credit Union (MCU) has stood by hardworking New Yorkers since 1916, offering financial support through all of life’s ups and downs. Founded by 19 charter members managing just $570 in deposits, MCU has grown into a trusted, member-focused institution that today serves over 630,000 members with 15 branches and a robust suite of digital banking tools.
Guided by its mission to help all New Yorkers build better tomorrows, MCU puts people over profits, reinvesting in scholarships, credit counseling and programs to support underserved groups across New York. With deep roots in the city, MCU delivers local solutions tailored to New York’s unique financial landscape, addressing the high cost of living, expanding access to flexible services and standing as a partner in every stage of each member’s journey towards greater financial empowerment, stability and prosperity.
“MCU is honored to join DCUC and carry forward our century-long tradition of empowering hardworking communities,” said Kyle Markland, MCU President and CEO. “New York has always been one of the toughest places to live and work, but also one of the most resilient. We’ve always put people first, helping New Yorkers plan for the future and navigate new
challenges, while reinvesting in the neighborhoods we call home. Partnering with DCUC strengthens that commitment and extends our ability to provide financial empowerment and support to all striving for a better life, including those who dedicate their lives to protecting ours.”
DCUC President/CEO Anthony Hernandez added, “We are excited to welcome Municipal Credit Union into DCUC’s membership. MCU exemplifies the credit union difference through its dedication to accessibility, community reinvestment, and member empowerment. Their commitment strengthens our collective efforts to serve military members, veterans, and their families.”