Municipal Credit Union’s CEO Kam Wong chosen as one of Top 40 Alumni by Dowling College

Municipal Credit Union President-CEO Kam Wong was selected to be honored as one of the top 40 alumni in Dowling College’s 40 year history out of its 36,000 graduates. The event, which was held at the Crest Hollow Country Club on Oct. 9, was a tribute to Wong and the other honorees by the Long Island based College.

Wong was born in Hong Kong and lived there until he was 19, when he and his family immigrated to the United States. He pursued his higher education and received his BB in accounting from Baruch College. Upon graduation, he started his career in accounting positions at two other financial institutions before coming to Municipal Credit Union in 1981. In 1988, he became MCU’s chief financial officer, a position in which he was a chief architect of the credit union’s fiscal framework and policies. Wong completed his MBA in finance at Dowling in 2001 with a 4.0 grade point average.

On Sept. 11, 2001, MCU, whose corporate offices are directly across the street from ground zero, lost its data center and connectivity in the downtown Manhattan area and went into disaster recovery mode. MCU’s recovery was led by Wong who, early in 2002 was named chief of staff in addition to his role as Chief Financial Officer. In 2006 he was named the credit union’s President, and in 2007 he assumed the role of Chief Executive Officer. Today, Municipal Credit Union has an asset size of over $1.5 billion— growth of 66 percent since that most challenging year, 2001, during which the credit union continued to serve its members in spite of all of the 9/11 aftermath. Ocea