Invest Your Funds Where They Make a Difference

Serving Central and Eastern Brooklyn for 22 years, Brooklyn Cooperative Federal Credit Union operates 3 branches and boasts 7,000 members. As Brooklyn’s largest CDFI, we offer personal & business checking & savings accounts; personal, business and mortgage loans; and wealth-building services like credit builders, small business tax prep, & ITIN applications.

Friend of Bk Coop Benefits

Competitive Rates & No Fees: There are no fees associated with a CD or regular savings account.

Personal Support and 100% Virtual Account Opening Process: A Bk Coop representative will ensure your account works the way you want it to, including setting up electronic transactions, e-statements, and mobile banking.

A Risk-free Investment: There is no risk to you as Bk Coop depositors are insured up to $250,000. Deposits larger than $250,000 are eligible for additional deposit insurance — ask us how!

Your Voice Matters: As a member you can vote for Board members, participate in member meetings, and help form decisions that impact the coop.

Email amanda@brooklyn.coop for more information!

Your Deposits, Community Investments: Directly Impacting Local Growth

Individuals or organizations who commit to a $150,000 long-term deposit will be treated to an Evening Meal for two (individuals) or a Coffee Break & Exclusive Swag (organizations)!

Should you wish, we will also include your name on our website as a Friend of Brooklyn Coop, reflecting your commitment to financial inclusion, local economic development & the cooperative movement.

We reflect the neighborhoods we serve

— 80% of our members are Black, Indigenous & People of Color

— 40% speak Spanish as their primary language

— 12% are undocumented

Check us out in Urban Activist & Next City to learn more about our work