Brooklyn Cooperative Federal Credit Union
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Dormant Account Fees

08/22/2014

Please read: Notice to Members with inactive accounts

 

Member accounts are considered inactive if there are no transactions made on the account for 2 years. Inactive accounts are charged a $5 monthly fee. If there is no activity for another year, Brooklyn Coop is required by state law to send funds in the accounts to the New York State Department of Unclaimed Funds.

 

Obtaining your escheated funds from the State can be difficult. This can be avoided if you perform at least one transaction per year. If you haven't used your account in over 2 years, please contact Brooklyn Cooperative FCU by September 30th, 2014 at 718-418-8232 x2050.