Press Release

Municipal Credit Union Hosts Annual Meeting

The Credit Union Continues its Mission to Serve Hardworking New Yorkers

NEW YORK–(BUSINESS WIRE)–Municipal Credit Union (MCU), the New York Metro area’s largest credit union, held its 2026 annual membership meeting on March 25th. MCU’s prior-year audited financials and 2025 annual report were presented to the membership.


“Guided by our mission to help hardworking New Yorkers build better financial futures, we delivered on our commitments. We strengthened our organization, expanded access, and continued to serve our 631,000 members with purpose,” said Kyle Markland, Chief Executive Officer, MCU.

Tom Canty, Chair of the MCU Board noted that, “Throughout the year, we remained actively engaged in overseeing strategic priorities that promote long-term stability, strengthen operations, and enhance the services available to our members.”

Following the Annual Meeting, the Board met in a formal session to choose leadership for the next year. The Board recognized the newly elected member to the Board, Deborah Silodor, banking executive and legal professional and appointed one new member to the Supervisory Committee, A’isha Torrence, a CPA, a nonprofit executive.

Board:

  • Thomas Canty, Chair
  • Dr. Meisha Porter – Vice Chair
  • James N. Saunders – Secretary/Treasurer
  • Jahmila Edwards, Member
  • Joseph Garba, Member
  • Deborah Silodor, Member
  • Jian Xiao, Member

Supervisory Committee:

  • George Cherubini, Chair
  • Barbara Kissner, Member
  • Roberto Perretta, Member
  • Tricia L. Roberts, Member
  • A’isha Torrence, Member

About Municipal Credit Union

Established in 1916 in New York City, Municipal Credit Union is the oldest credit union in New York. By providing a full range of financial services to municipal employees, police officers, firefighters, teachers, health care workers, and others, MCU has grown to $4.9 billion in assets and to over 630,000 members. Today, MCU membership is available to anyone who lives, works, worships, or attends school in New York City. MCU is an equal opportunity lender, and deposits are insured to at least $250,000 by the National Credit Union Administration. To learn more, visit nymcu.org.

Contacts

Press Contact:

Trevon James, Berlin Rosen: [email protected]

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