Residents in low-income areas across the country have long histories of neglect and abuse at the hands of mainstream financial institutions. These communities have few options when it comes to accessible and affordable savings accounts, checking accounts, personal or mortgage loans, or working capital to start or expand their small businesses. Brooklyn Cooperative emerged as a model community development credit union nationwide—their fair and affordable financial services empower these households, individuals, and small businesses towards the goal of building their assets and securing their economic footing.
Brooklyn Cooperative Federal Credit Union is a community credit union serving Central and Eastern Brooklyn founded in 2001. Brooklyn Coop’s mission is to further wealth-building, opportunity, and resilience in our communities by offering fair and affordable financial services.