Even Hurricane Sandy couldn't stop New York City's Municipal Credit Union from closing 2012 with a recordyear.

MCU recently reported at its annual meeting that it ended 2012with $1.79 billion in total assets and 340,000 members.

“MCU ended 2012 well positioned to continue to grow strongerregardless of the future economic landscape,” said Kam Wong, MCU president/CEO. “We finished 2012 wellcapitalized, with a net worth ratio of 9.97%, which is much higherthan the industry standard of 7% that is required to earn a toprating for institutional soundness.”

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