View Message

ALERT
For the safety and security of our members and MCU team, please note that the hours of operation for the South Bronx Branch ATM lobby located at 560 Courtlandt Avenue Bronx, NY have recently been updated.

For the most current hours and to locate a nearby Branch/ATM, please visit our Branch/ATM locator tool.

 

 

back-btn Previous Menu

Digital

Digital Banking
Helpful Resources
    Nav Ad - 420x209 - digital banking

     

    top-shape
    I’m Preparing for Retirement

    Set Yourself Up for a Comfortable Retirement—Start Planning Now.

    You're preparing for the upcoming change in both lifestyle and finances with careful, future-focused planning. Discover helpful tools and handpicked financial resources to help you carefully plan for your retirement years.

    Preparing-for-Retirement

    Some Key Terms You’ll Need to Know

    Review the most important terms to know as you explore the best products and services to support you through the retirement planning process.

    Social Security

    A government-run program that provides financial assistance to eligible individuals, including retired workers, disabled workers, and their families.

    Learn More
    Vesting

    The entitlement to a present or future asset or benefit, usually referring to an employer-provided benefit such as a retirement account.

    Learn More
    eStatement

    An electronic version of a bank or credit union statement, which is a summary of an individual's account activity and current balance.

    Learn More
    Home Equity

    The current market value of a homeowner's property minus any outstanding mortgages or liens on the property.

    Learn More
    Individual Retirement Account (IRA)

    A type of savings account designed to help individuals save for retirement.

    Learn More
    Pension

    A regular payment made from one's employer after retirement, based on factors such as length of employment and earnings.

    Learn More
    What You Should Know about IRAs

    Save for Retirement on Your Own Terms with an IRA.

    Did you know that there’s no upper age limit to how long you can continue contributing to an IRA? Choose between pre-tax contributions to a Traditional IRA, or tax-free withdrawals with a Roth IRA—both available at either a fixed or variable rate through MCU. It’s never too late to invest in your financial future.

    SECURI_1

    Get the Security of a Fixed Rate IRA.

    If you’re looking for a retirement savings option with a return you can count on, a fixed-rate account that earns interest at the same rate during the full term may be the right choice for you. Choose between 6, 12, 24, or 36 months—let’s start saving.

    Show Me Fixed Rate IRAs
    FLEXIB_1

    Enjoy the Flexibility of a Variable Rate IRA.

    If you’re looking for a great retirement saving option with the potential to rack up some serious dividends, a variable rate IRA may be the right type of account for you. Get access to member-exclusive rates that enable you to earn up to 3.30% APY* over 18 months.

    Show Me Variable Rate IRAs
    UNDERS_1

    Get Expert Support Along the Way.

    What kind of IRA is best for me? What are the tax implications of each type? Questions like these are common for members like you to have, and our team is ready to answer them all. Get informed about your finances—contact MCU today.

    Contact MCU Member Support
    Tools for Smart Retirement Planning

    Set Yourself Up for Financial Success.

    Don’t leave anything up to chance as you set plans in motion for a financially secure retirement. By taking advantage of tools and products designed to make the most of your finances, you can set yourself up to take control and enjoy your retirement on your terms.

     
    General Banking 2-1

    Save Big on Insurance Coverage.

    Get the insurance coverage you need without stretching your finances too thin in the process. MCU members enjoy deep discounts on insurance products—including home and auto coverage—through our partners at TruStage®

     
    Show Me Insurance Discounts
    FINANC~1

    Get Ahead of Potential Fraud Attempts.

    Stay one step ahead of potential financial scams and protect your legacy from outside threats. Learn what you can do to keep your assets safe, with security tips from the experts at MCU.

     
    Show Me Security & Fraud Alerts
    educational resources

    Stay on Top of Your Accounts with eStatements.

    No need to wait for a mail delivery to take a deeper look at your transactions and account history. Enroll in paperless eStatements (found in your NYMCU Digital Banking dashboard) and access your account statements anytime you like.

    Enroll In Paperless eStatements
    BALANCE Financial Fitness Program

    Stay on Track with BALANCE Financial Fitness.

    Discover financial guidance and expert advice for every life path with BALANCE. Access webinars, tools, articles, and counseling that help you reach financial wellness no matter where you are in life—free to MCU members like you.

    Show Me BALANCE Financial Fitness
    balance-financial-fitness-program
    NYMCU Digital Banking

    Handle Your Banking on Your Terms—No Branch Visits Required.

    Manage all of your everyday finances right from the convenience of your home, your car, or even in the middle of your weekly grocery store run. Download the app on your mobile device, or access online banking from your browser—it’s never been easier to handle all of your banking needs from wherever you are.

    Show Me NYMCU Digital Banking
    digital-banking-(1)
    Home Equity Loan

    Need Money for Retirement? Tap Into Your Home’s Equity.

    Did you know that your current home’s value can be used to help you meet other financial needs or goals? Borrow against the payments you’ve already made toward your home, and receive a lump sum that you can reinvest in a high-yield savings account.

    Show Me Home Equity Loans
    using-your-home-equity-line-of-credit-image

    Get Long Term Financial Coverage You Can Count On.

    Let’s work together to create a plan for your comfortable retirement. MCU Members enjoy expert guidance from our team and a wide array of flexible products to fit your unique needs. We’re here to help you get the financial coverage you need for a secure future.

    Join Us
    Why Join?
    final-cta-green-visual-asset_left
    final-cta-visual-asset_right
    final-cta-visual-asset-paint-stroke

    DISCLOSURE:

    * APY = Annual Percentage Yield. The disclosed Dividend Rates and Annual Percentage Yields are accurate as of the last dividend declaration date. Rates and Terms are subject to change without notice. For more details, see our Rates page.

    You are now leaving the Municipal Credit Union website and entering a website hosted by another party. A link to this site is being made available for convenience and informational purposes only. Any products or services accessed through this link are not being provided by Municipal Credit Union and are solely the responsibility of the vendor or merchant hosting this other website. Please be advised that the vendor or merchant hosting this other website may have a privacy and information security policy that is different than that of Municipal Credit Union. Municipal Credit Union disclaims any responsibility for the content of the third-party website you are about to access.