NEW
YORK, March 29, 2023 /PRNewswire/ -- Municipal
Credit Union (MCU) held its 2023 annual membership meeting on
March 22. MCU's prior-year audited
financials and 2022 annual report were presented to the membership,
along with the results of the recent member election for one seat
on the Board. Members elected Jian
Xiao, CFO of Turning Point Solutions and Adjunct Professor
at Queens College, to serve a
three-year term as a member of the Board.
"We are excited to welcome Professor Jian Xiao to our Board. Her expertise and
financial acumen will help us as we chart a new direction for MCU,"
said Tom Canty, Chair of the
Municipal Credit Union Board. "We also want to thank outgoing Board
member Phil Alvarez for his service.
He has been an invaluable member, always focusing on how to build a
thriving credit union that will best serve our members."
Following the Annual Meeting, the Board met in a formal session
to choose leadership for the next year. The Board appointed
five members to the Supervisory Committee for one-year
appointments. New Supervisory Committee members included outgoing
Board member Phil Alvarez and legal
professional Terryl Brown. The
current makeup is:
|
Supervisory
Committee:
|
George Cherubini,
Chair
|
|
Tricia L. Roberts,
Member
|
|
Phil Alvarez,
Member
|
|
Terryl Brown,
Member
|
|
Board:
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Thomas Canty,
Chair
|
|
Dr. Meisha Porter, Vice
Chair
|
|
James N. Saunders,
Secretary-Treasurer
|
|
Joseph N. Garba,
Member
|
|
Jian Xiao,
Member
|
"We owe a debt of gratitude to each member of our Board and
Supervisory Committee – all dedicated members of Municipal Credit
Union – who volunteer their time and expertise to help us serve the
heroes that serve New York City,"
stated Kyle Markland, president
& CEO, Municipal Credit Union. "Speaking for all of us at MCU,
we offer our thanks for their service and look forward to their
guidance over the course of the next year."
About Municipal Credit Union:
Municipal Credit Union is the oldest credit union in
New York State and one of the
oldest and largest in the country. Established in 1916 and
headquartered in New York City,
MCU currently has assets of more than $4.2
billion and offers a full range of financial services to its
more than 600,000 members. MCU is an equal opportunity lender, and
deposits are federally insured to at least $250,000 by the National Credit Union
Administration (NCUA), a U.S. government agency. For more
information about Municipal Credit Union,
visit www.nymcu.org.
Contact:
David Hammarstrom, (212)
238-3316
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SOURCE Municipal Credit Union