Routing #: 226078036

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MCU President/CEO Kam Wong Meets with Japanese Community Banking Representatives

In continuing the international conversation around credit unions and cooperative banking, MCU President/CEO Kam Wong met with a delegation of more than 20 representatives from Shinkin, a Japanese community bank, at the Municipal Credit Union corporate office in downtown Manhattan on Friday, October 7, 2016.

The meeting, which was part of a multicity tour for the group of representatives, facilitated conversations regarding cooperative banking in the United States and the financial structure of credit unions. Mr. Wong additionally discussed MCU’s history, the various challenges faced by the credit union in the wake of the 2008 Financial Crisis, and the U.S. banking and credit union regulatory system.

“As credit unions and community banks continued operate in an increasingly globalized society, conversations like the one we’ve had today are both important and rewarding" said Wong. "As we learn more from each other, we are able to better serve our members, which is our top priority as not for profit financial institutions.”

MCU President/CEO Kam Wong Meets with Japanese Community Banking Representatives

In continuing the international conversation around credit unions and cooperative banking, MCU President/CEO Kam Wong met with a delegation of more than 20 representatives from Shinkin, a Japanese community bank, at the Municipal Credit Union corporate office in downtown Manhattan on Friday, October 7, 2016.

The meeting, which was part of a multicity tour for the group of representatives, facilitated conversations regarding cooperative banking in the United States and the financial structure of credit unions. Mr. Wong additionally discussed MCU’s history, the various challenges faced by the credit union in the wake of the 2008 Financial Crisis, and the U.S. banking and credit union regulatory system.

“As credit unions and community banks continued operate in an increasingly globalized society, conversations like the one we’ve had today are both important and rewarding" said Wong. "As we learn more from each other, we are able to better serve our members, which is our top priority as not for profit financial institutions.”

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