Commitment to Improvement
With $6,894,427 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This focus on growth allows us to continually improve the experience we provide.
Growing Membership Base
With a total of 6,060 share accounts, our strong and growing member base trusts us with their finances. This trust fuels our commitment to providing excellent service and meeting your needs effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, M. C. T. is your trusted partner. Visit us at 4883 State Highway 30 Amsterdam Ny 12010 or call (518) 842-1840 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.
Lending Capacity
Our lending capacity supports members' financial goals across various sectors with $182 in used auto loans and $10,127,496 in total loans and leases. Whether you're looking to buy a car or need financing for other needs, we're here to assist you.
Member-Centric Focus
Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. This approach allows us to keep our services tailored to your needs.
Operational Efficiency
Our performance is reflected in our $353,239, which showcases our operational efficiency and ability to provide competitive loan rates and solid financial products for you. We also take pride in having 8 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team.
Savings Security
Members' savings are secured through $2,161,396 in share certificates, offering stable and rewarding financial growth opportunities. While we currently have no money market shares available, our focus remains on creating valuable options for you.
Solid Financial Position
With a net worth of $8,813,957, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 13.42% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.
