More than 100 members of the Municipal Credit Union were charged yesterday with looting hundreds of thousands of dollars from automated teller machines when a computer failure caused by the collapse of the World Trade Center allowed virtually unlimited access to money, prosecutors said.

Charges of grand larceny were filed against 118 credit union members, including city employees, health care workers and education workers, who are accused of stealing at least $5,000 each in the chaos of Sept. 11, 2001, and its aftermath. The authorities said each could face up to seven years in prison if convicted.

''While the city focused on recovery, these individuals tried to take advantage of the chaos,'' Police Commissioner Raymond W. Kelly said at a news conference with District Attorney Robert M. Morgenthau at Mr. Morgenthau's office.

The authorities said 74 suspects had been arrested and 44 were being sought. The arrests announced yesterday were the second wave of an investigation into more than 4,000 of the credit union's 300,000 members, who prosecutors say stole a total of $15 million in the weeks following the attack on the World Trade Center.