MCU (Municipal Credit Union) Review

MCU serves NYC municipal employees and their families with low‑fee banking, high‑yield savings, and member education programs.

4.4/5

Customer Satisfaction

1916

Established

$8.50

Total Assets

Featured Products

Checking:
MCU Freedom CheckingNo monthly fee
Savings:
MCU Savings18.00% APY
Credit:
MCU Rewards Mastercard1% cash back
Mortgage:
30-Year Fixed3.88% interest rate
FDIC insured up to $250,000 per depositor (Certificate: 021303085)

Fee Rating

3.0/5

Lower is better

FDIC Insured

Yes

Certificate: 021303085

Digital Banking

4.1/5

Online & Mobile Experience

Branch Network

14

Physical Locations

Key Features

  • No‑fee checking; high APY; member events.

Bank Information

Routing Number

021303085

SWIFT Code

MCUNUS33

Branch Hours

Mon-Fri: 9am-5pm, Sat: 9am-12pm, Sun: Closed

Customer Service

1-212-693-4900

Mon–Fri 8am–8pm ET

Headquarters

New York City, NY, USA

Years in Business

109 years (Est. 1916)

Login Information

Online Banking Login

Access Online Banking

Mobile Banking

MCU Mobile

Password Requirements

8–20 chars

Two-Factor Authentication

SMS

Forgot Password

Reset Password

Security Features

256‑bit SSL

Login Instructions

Enter Member # & password → verify

Login Help

Call customer service: 1-212-693-4900

Hours: Mon–Fri 8am–8pm ET

Accounts & Products

Checking

MCU Freedom Checking

Monthly Fee

$0

Minimum Balance

$0

Card Type

$Debit

Minimum Deposit

$25

Overdraft Fee

$27.5

ATM Fee

$2

Mobile Banking
Mobile Deposit
Direct Deposit
View Details

Savings

MCU Savings

APY

$18.00%

Annual Earnings

$18.00

Compounds

$Monthly

Minimum Balance

$50

Monthly Fee

$0

Withdrawal Limit

$6/month

Online Banking
Mobile Banking
Automatic Transfers
View Details

Credit Card

MCU Rewards Mastercard

Annual Fee

$0

Cash Back

$1%

APR Range

$14.49% - 24.49%

Network

$Mastercard

0% Intro APR for 12 months
View Details

Mortgage

30-Year Fixed

Interest Rate

$3.875%

APR

$3.975%

Term

$30 Years

Min Down Payment

$5%

Min Loan Amount

$50,000

Max Loan Amount

$600,000

First-Time Homebuyer Program
NYC Employee Program
View Details

Digital Banking Experience

Mobile App Rating

4.0/5

Very Good mobile experience

Online Banking

4.1/5

Very Good online experience

Customer Service

4.3/5

Very Good customer support

Digital Features

Online bill pay
Mobile check deposit
Person-to-person payments
Account alerts and notifications
Mobile wallet compatibility
Secure messaging

Ready to Start Banking with MCU (Municipal Credit Union)?

Visit their website to explore account options and start your application