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MUNICIPAL CREDIT UNION APPOINTS MARK A. RICCA AS NEXT PRESIDENT AND CHIEF EXECUTIVE OFFICER

 

Ricca brings over 25 years of financial services experience to his new role helming the Credit Union

(October 29, 2018 – New York, NY) – Today, Municipal Credit Union (MCU) announced the appointment of Mark A. Ricca as its next President and Chief Executive Officer (CEO). Mr. Ricca, who begins today, has extensive experience in the financial sector as an executive and senior leader at various community banks. As CEO, he will lead MCU, which currently has over 500,000 members and manages over $2.9 billion in member assets.

“Municipal Credit Union provides a vital service to its members, offering competitive and affordable financial services products,” said Mark Ricca, CEO of Municipal Credit Union. “My focus will be providing our members across New York City excellent customer service and competitive financial products that help our members have financial opportunity and security.”

Most recently, Mr. Ricca was President & CEO of First American International Bank. Prior to his role there, Mr. Ricca held a series of leadership roles at other community banks, including Chief Financial Officer and Chief Administrative Officer at Carver Bancorp; Executive Vice President and General Counsel at New York Community Bank; and Senior Vice President and General Counsel at CFS Bank.

Mark Ricca is certified from ABA Wharton’s CEO Leadership Lab, and American Community Bank’s Senior Leadership Institute and a honors graduate from both Americas Community Bankers Graduate School of Banking and GE’s Financial Management Program. Mr. Ricca volunteers in various community organizations, including recently serving as the President and Director of the NY Chinese-American Bank Association, and is an Advisory Board member for several organizations including the Rutgers University Center for Innovation’s Cyber Security Program and the National Community Investment Fund. He graduated from NYU School of Law as well as St. John’s University School of Law (where he was an American Jurisprudence award recipient) and has a BA in Economics from Notre Dame University.

Former Acting President and Chief Executive Officer Norman Kohn will continue at MCU as the Chief Credit Officer. “MCU and I are grateful for Mr. Kohn’s leadership and I look forward to working with him,” said Mr. Ricca.

Founded in 1916 for municipal workers in New York City, Municipal Credit Union is the oldest credit union in New York State and the largest metro New York credit union offering banking services.

Contact: Jake Goldman, Jake@RisaHeller.com

MUNICIPAL CREDIT UNION APPOINTS MARK A. RICCA AS NEXT PRESIDENT AND CHIEF EXECUTIVE OFFICER

 

Ricca brings over 25 years of financial services experience to his new role helming the Credit Union

(October 29, 2018 – New York, NY) – Today, Municipal Credit Union (MCU) announced the appointment of Mark A. Ricca as its next President and Chief Executive Officer (CEO). Mr. Ricca, who begins today, has extensive experience in the financial sector as an executive and senior leader at various community banks. As CEO, he will lead MCU, which currently has over 500,000 members and manages over $2.9 billion in member assets.

“Municipal Credit Union provides a vital service to its members, offering competitive and affordable financial services products,” said Mark Ricca, CEO of Municipal Credit Union. “My focus will be providing our members across New York City excellent customer service and competitive financial products that help our members have financial opportunity and security.”

Most recently, Mr. Ricca was President & CEO of First American International Bank. Prior to his role there, Mr. Ricca held a series of leadership roles at other community banks, including Chief Financial Officer and Chief Administrative Officer at Carver Bancorp; Executive Vice President and General Counsel at New York Community Bank; and Senior Vice President and General Counsel at CFS Bank.

Mark Ricca is certified from ABA Wharton’s CEO Leadership Lab, and American Community Bank’s Senior Leadership Institute and a honors graduate from both Americas Community Bankers Graduate School of Banking and GE’s Financial Management Program. Mr. Ricca volunteers in various community organizations, including recently serving as the President and Director of the NY Chinese-American Bank Association, and is an Advisory Board member for several organizations including the Rutgers University Center for Innovation’s Cyber Security Program and the National Community Investment Fund. He graduated from NYU School of Law as well as St. John’s University School of Law (where he was an American Jurisprudence award recipient) and has a BA in Economics from Notre Dame University.

Former Acting President and Chief Executive Officer Norman Kohn will continue at MCU as the Chief Credit Officer. “MCU and I are grateful for Mr. Kohn’s leadership and I look forward to working with him,” said Mr. Ricca.

Founded in 1916 for municipal workers in New York City, Municipal Credit Union is the oldest credit union in New York State and the largest metro New York credit union offering banking services.

Contact: Jake Goldman, Jake@RisaHeller.com

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