Municipal Credit Union (NYC) Reports $30 Million Net Income Gain in 4th Quarter

In a dramatic turnaround Municipal Credit Union (MCU) reported a $30 million reduction in its 2019 final year to date loss compared with its reported September 30 financial position. $40 Million Improvement in Six Months In the September 5300 call report, MCU’s bottom line was a $113.1 million loss. As of December, there was an … Continue reading Municipal Credit Union (NYC) Reports $30 Million Net Income Gain in 4th Quarter