Who Is Montauk Credit Union?
Montauk Credit Union (MCU) is a New York State Chartered financial institution, chartered in 1922 in the “Montauk” section of Brooklyn. We are a not-for-profit, member-owned financial institution cooperative dedicated to providing quality financial products and services delivered in a professional, courteous and timely manner. We have over $50 million in assets and approximately 4,500 members. MCU has an “open charter” which enables us to extend membership to anyone. Our primary mission is to satisfy the many financial needs of our members. Unlike banks that are strictly profit-driven, we return excess earnings to our members in the following forms: • High dividend rates paid on savings and investment accounts • Low interest rates on loans, and • The addition of valuable new products and services. Our products and services are designed to help you manage your personal financial affairs at the lowest possible cost. Because we are member-owned, our criteria for judging success is based o
