The beleaguered Municipal Credit Union said Tuesday it has completed postings of all direct deposits and ACH payments scheduled for last week, which were delayed because of Hurricane Sandy.
Since last week, the $1.8 billion, New York-based credit union has come under fire from dozens of MCU members for failing to credit direct deposit checks to members' accounts, no phone customer services, inoperable ATMs and problems with online banking.
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The direct deposit issue that lasted for nearly a week affected more than 14,000 members, including many who complained that they were without cash they needed for the superstorm's aftermath or enough money in their accounts to pay bills.
Members reading stories about MCU's troubles on Credit Union Times website have posted more than 60 complaints and comments.
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