William “Bill” Porter is the recently retired President/Chief Executive Officer for the Municipal Credit Union in New York. He is the First African-American CEO to build and lead a billion dollar plus asset credit union.
In November 1981, he joined the Municipal Credit Union as Chief Executive Officer when the credit union had only one branch, 100 employees and $97 million in assets. Under his leadership, the credit union grew to serve over 300,000 members. He expanded the service reach by adding nine full service branches, four express branches and three mini branches, 530 employees, 160 ATM’s and over $1.4 billion in assets. A graduate of New York City Public Schools and New York University, he received Executive Management training at the University of Illinois.
In 1956, he joined Citibank as a part-time messenger while attending college. During his twenty-five year career with Citibank, he achieved the title of Vice President and was the first African-American to manage a midtown Manhattan branch and a Wall Street branch. Some of his awards included Harlem YMCA “Black Achievers in Industry,” Omega PSI PHI Outstanding Citizen of the Year, International Dynamic Educational Association Man of the Year, Central Baptist Church Achievement Award and the Mid Manhattan NAACP Humanitarian Award. AACUC recently named the SWAMI Scholarship the “William Porter SWAMI Scholarship.”