Brooklyn Cooperative Federal Credit Union


Overview / Commentary
718.418.8232 x200
1474 Myrtle Ave
Brooklyn, NY 11237

Brooklyn Cooperative Federal Credit Union is headquartered in Brooklyn and is the 125th largest credit union in the state of New York. It is also the 2,375th largest credit union in the nation. It was established in 2000 and as of March of 2025, it had grown to 23 employees and 7,160 members at 2 locations. Brooklyn Cooperative Federal Credit Union has a B 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

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Brooklyn Cooperative Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #24642
Year Chartered2000
Employees23
Primary Regulator
Profit Margin
Return on Assets - YTD0.26%
Return on Equity - YTD2.66%
Annual Interest Income$601K
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$54.3MM$51.5MM
LoansQ1 2025vs Q1 2024$38.7MM$36.8MM
DepositsQ1 2025vs Q1 2024$45.6MM$42.3MM
Equity CapitalQ1 2025vs Q1 2024$5.3MM$4.8MM
Loan Loss AllowanceQ1 2025vs Q1 2024$300K$369K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$136K$133K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Sorry, we do not have rate data for Brooklyn Cooperative Federal Credit Union.

Locations


Brooklyn Cooperative Federal Credit Union Locations
Branch Office1474 Myrtle AveBrooklyn, NY 11237-5128
Branch Office282 Chestnut StBrooklyn, NY 11208

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.