Brooklyn Cooperative Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.20% | 1-year CD | |
| 0.20% | Savings | 2.20% - Barclays Online Savings Account |
| 0.20% | Savings | 2.20% - Barclays Online Savings Account |
Brooklyn Cooperative Federal Credit Union is headquartered in Brooklyn and is the 167th largest credit union in the state of New York. It is also the 3,098th largest credit union in the nation. It was established in 2000 and as of December of 2018, it had grown to 16 employees and 7,009 members at 2 locations. Brooklyn Cooperative Federal Credit Union's CD rates are 33% higher than the national average, but it has a C health rating.
Field of Membership Restrictions
Membership is open to those who live, work, volunteer or worship in Bushwick or Bedford-Stuyvesant.
See current membership details
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24642 |
| Year Chartered | 2000 |
| Employees | 16 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.06% |
| Return on Equity - YTD | 0.85% |
| Annual Interest Income | $1.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $25.0MM$23.4MM |
| Loans | Q4 2018vs Q4 2017 | $18.5MM$16.8MM |
| Deposits | Q4 2018vs Q4 2017 | $22.3MM$20.9MM |
| Equity Capital | Q4 2018vs Q4 2017 | $1.8MM$1.8MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $130.00K$83.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $442.00K$429.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $171.00K$171.00K |
Always verify rates and promotions with the bank or credit union. We are not Brooklyn Cooperative Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Brooklyn Cooperative Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.00% | - | - | High Yield Savings | |
| 0.20% | - | - | Simple Savings | |
| 0.20% | - | - | Simple Savings w/ATM Card |
Brooklyn Cooperative Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.20% | $500 | - | 12 Month CD | |
| 0.60% | $500 | - | 6 Month CD | |
| 0.40% | $500 | - | 3 Month CD |
| Brooklyn Cooperative Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 834 Dekalb Ave | Brooklyn, NY 11221-1401 |
| Branch Office | 1474 Myrtle Ave | Brooklyn, NY 11237-5128 |