Why Municipal Credit Union
FY2024 · Form 990Its mission and biggest programs, as filedBuilds lifetime financial relationships by offering competitive products and excellent services.
- Founded in 1916 for new york city Municipal workers, Municipal Credit Union (the Credit Union) is the oldest Credit Union in new york state and the largest metro new york Credit Union offering a wide array of financial services to…
Before you apply
FY2023 · Form 990Independent: from IRS data, not the orgAbout the role
The org's own posting, as writtenAbout MCU: At Municipal Credit Union, we believe that an incredible culture helps create a happy and motivated team that works hard to achieve the best results for themselves and their members. For more than 100 years, MCU has provided affordable financial products and convenient services to a membership base that is now comprised of over 600,000 individuals. With each new generation we have the pleasure of interacting with, we maintain the credit union promise of people helping people.
Our Mission: To help hard-working New Yorkers build better tomorrows Our Vision: Be New York's most loved financial institution by helping our members build their best financial futures Overview: This position is responsible for performing escrow administration duties related to servicing the member, residential mortgage and home equity loan portfolios and works under limited supervision with significant independent judgement. Duties include ensuring the proper setup and monitoring of properties by the real estate tax vendor, the timely and accurate disbursement of payments to tax collecting agencies and the completion of the annual escrow analysis in accordance with regulations.
This position is also responsible for performing hazard, flood and force placed escrow duties. Additionally, the position serves as the subject matter expert and is tasked with the independent research and resolution of complex business issues related to escrow and maintain written procedures to ensure compliance with state and federal regulations and investor guidelines. Independently, effectively and comprehensively research, analyze and ensure escrow is paid on time, resolves any issues and prepares recommendations and solutions to management. This position will monitor and manage third party relationships.
Responsibilities
Specific duties include, but are not limited to, the following: Assist in the accurate and timely payment of all real estate tax escrowed items. Setup contracts with CoreLogic to ensure accurate tax bill reporting. Monitor outsourced vendor to track and disburse timely payments of all insurance escrowed items. Ensure all credit union records are properly maintained and updated including upcoming bills and quarterly tax amounts. Assist in the accurate and timely completion of scheduled escrow account analysis in accordance with bank, state and federal regulation and investor requirements.
Ensure the accuracy and timeliness of real estate tax information with our third-party servicer in accordance with bank procedures and state and federal regulations. Ensure the accuracy and timeliness of insurance information with our third-party servicer in accordance with bank procedures and state and federal regulations. Assist in ensuring the proper monitoring and handling of delinquent real estate taxes. Ensure the accurate and timely payment of escrowed items, including homeowners’/flood insurance, private mortgage insurance and condo fees. Review flood positive…
About Municipal Credit Union
From its Form 990- Budget $302.5M
- Staff 787 · founded 1916
- Pays its leaders $242K–$1.7M (12 reported)
- Open jobs 19 · Jobs at Municipal Credit Union · Full 990 report