What are the current interest rates at Municipal Credit Union?

Current rates for Municipal Credit Union include: 12-Month CD: 4.07%, 18-Month CD: 3.30%, 24-Month CD: 3.56%

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Municipal Credit Union

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Municipal Credit Union Rates & Review June 2026

Q: How many branches does Municipal Credit Union operate?

Municipal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is a member application needed to join Municipal Credit Union?

Yes, to access services at Municipal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Q: Is there a first-time homebuyer program?

Currently, Municipal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Municipal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated: June 16, 2026

Municipal Credit Union's 12 Month CD K New Money rates are at 4.07%, CD 12-Month-Bonus Rate rates are at 4.07%, CD 24-Month rates are at 3.56%, 18-month Flexible Rate IRA CD rates are at 3.30%, CD 9-Month rates are at 3.30%. Municipal Credit Union's Personal Loan Rates are at 4.99%. MonitorBankRates evaluates the financial stability of Municipal Credit Union with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 7.30%. Rates were last updated on 06/16/2026.

Municipal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Municipal Credit Union? Share your experience about Municipal Credit Union by leaving a review below, or read customer reviews before you decide to use Municipal Credit Union.

Overall Health & Safety Grade

Excellent Health Score: 96/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

7.30%

Excellent Higher than avg

Municipal Credit Union
MCU Cortlandt St

22 Cortlandt St
New York, NY 10007 3107

https://www.nymcu.org

Municipal Credit Union CD Rates

Product	Rate	APY	Term
12 Month Share Certificate K New Money	-	4.07%	12 Month
Min Deposit $5,000 Details $5; You may be eligible for a 0.50% increase on the current Dividend Rate if you meet certain eligibility requirements. To be eligible, you must open or renew an existing 12 Month Share Certificate account in-person at one of our branches, through our Digital Banking platform, or through our mail-in renewal process. Any funds that you want to deposit in addition to the $5,000 of New Money may come from accounts you currently have with us and those additional funds will earn the stated APY. An early withdrawal penalty will apply if the account is closed prior to maturity. 'New Money' is defined as funds that are not on deposit in any MCU account at the time the account with the New Money requirement is opened. Last Updated 06/16/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.30%
Share Certificate 12-Month-Bonus Rate	-	4.07%	12 months
No additional details. Last Updated 06/16/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.30%
Share Certificate 24-Month	-	3.56%	24 months
No additional details. Last Updated 06/16/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.30%
18-month Flexible Rate IRA Share Certificate	-	3.30%	18-month
Details Variable rate account; the rate may change after the account is opened. Last Updated 06/16/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.30%
Share Certificate 9-Month	-	3.30%	9 months
No additional details. Last Updated 06/16/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.30%

Municipal Credit Union Home Equity & HELOC

Product	Rate	Points	APR	Term
Home Equity HELOC	-	-	5.49%	12 months
Details Introductory rate is 5.49% for 1st lien position loans with APR for 12 months with a minimum loan amount of $100,000 and maximum 75% Combined Loan-to-Value (CLTV). Minimum FICO Score is 720 with a required initial draw depending on the approved loan amount. The initial rate will be in effect for the first year your credit line is open. MCU cannot pay your mortgage taxes for this special promotion. Subsequently, your account will be subject to the Variable Rate provisions described herein. The initial Annual Percentage Rate is discounted; it is not based on the index and margin used for later adjustments. Last Updated 06/16/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.30%
Home Equity HELOC 2nd Lien Promotion	-	-	5.99%
Details This rate advertised represents a 2nd Lien Promotion. The introductory rate is 5.99% APR for 12 months with a minimum loan amount of $100,000 and maximum 75% Combined Loan-to-Value (CLTV). Minimum FICO Score is 720 with a required initial draw depending on the approved loan amount. The initial rate will be in effect for the first year your credit line is open. MCU cannot pay your mortgage taxes for this special promotion. Subsequently, your account will be subject to the Variable Rate provisions described herein. The initial Annual Percentage Rate is discounted; it is not based on the index and margin used for later adjustments. Special promotion rate is available for a limited time. Once the 12 month introductory rate expires, the APR will adjust based on your qualified index and margin. Last Updated 06/16/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.30%
Home Equity HELOC	-	-	6.25%	12 months
Details Introductory rate is 6.250% APR for 12 months with a maximum 80% Combined Loan-to-Value (CLTV). Applicants must have a minimum credit score of 620. An immediate draw of $25,000 will be required at closing. The initial rate will be in effect for the first year your credit line is open. If you have an introductory rate, for the 12-month period immediately following the Date of Agreement, the ANNUAL PERCENTAGE RATE that will apply to your account will be 6.250%* or 6.750% if you elect to have MCU pay your mortgage taxes. Subsequently, your account will be subject to the Variable Rate provisions described herein. The initial Annual Percentage Rate is discounted; it is not based on the index and margin used for later adjustments. Last Updated 06/16/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.30%

Municipal Credit Union Auto Loan Rates

Product	Rate	Points	APR	Term	View More
Auto Loan	-	-	4.99%
Details Rates may be higher based on applicant's creditworthiness, auto model year, loan term, loan amount and method of repayment. Minimum loan amount of $20,000 for terms up to 72 months. Minimum loan amount of $30,000 for 84-month term. Last Updated 06/16/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.30%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Municipal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather Municipal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Municipal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Municipal Credit Union

Website https://www.nymcu.org

Address 22 Cortlandt St, New York, NY 10007 3107

Phone 212-238-3300

Fax

President Thomas Canty

CEO Kyle Markland

Full-Time Employees 628

Part-Time Employees 30

Branch Locations 15

ATM Locations 16

NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A (96/100)

Texas Ratio

7.30%

Return on Assets (ROA)

0.8381%

Return on Equity (ROE)

7.2539%

Non-Performing Loans Ratio (NPL)

1.44%

Total Assets

4,679,237,109

Total Amount of Shares and Deposits

4,084,952,236

Total Shares and Deposits < 1 Year

4,018,180,032

Total Shares and Deposits 1 3 Years

66,278,568

Total Shares and Deposits > 3 Years

493,636

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

177,982,897

Total Uninsured Shares and Deposits > $250K (F+J)

177,982,897

Total Insured Shares and Deposits > $250K (item 17 less item K)

3,906,969,339

Total Interest Expense (Sum of items 6 8)

22,204,146

Share Certificates

39,274

Number of Accounts for Share Drafts

415,536

IRA KEOGH Accounts

6,398

Number of Accounts for Regular Shares

738,627

All other shares

7,028

Money Market Shares

8,291

Net Income (unless the amount is already included in Undivided Earnings)

39,214,935

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

363,952,015

Total Liabilities

4,200,561,758

Source: NCUA — Last Updated 09/30/2025

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Frequently Asked Questions About Municipal Credit Union

How many branches does Municipal Credit Union operate?

Municipal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Municipal Credit Union?

Yes, to access services at Municipal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Municipal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Municipal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Municipal Credit Union offer online and mobile banking?

Most modern institutions like Municipal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.nymcu.org.