BEREA FEDERAL CREDIT UNION

Welcome to Berea, where we believe in putting our members first. Located at 1641 Bergen St, Brooklyn, NY 11213, our credit union has been a trusted financial partner since 1982. With a community-focused approach, we proudly serve 94 members and manage a solid asset base of $88,808. At Berea, we understand that your financial needs are unique. That's why our dedicated team is here to offer personalized service tailored just for you. Whether you're looking to save, borrow, or invest, we have the tools and expertise to help you achieve your financial goals. As of now, our total deposits stand at an impressive $62,876, reflecting the trust our members place in us. We also manage 6 loans and leases, ensuring that we can support various lending needs within our community. Our commitment goes beyond numbers; it's about building relationships based on trust and reliability. Our leadership team is guided by CEO Forrest Williams-McDonald and Board President Arlee Griffin, who both share a passion for fostering growth and stability in our community. We may not have an extensive staff yet currently employing zero full-time or part-time employees but our focus on member services remains unwavering. While you can visit us at our branch for your financial needs, please note that official correspondence should be sent to the same address: 1641 Bergen Street, Brooklyn, NY 11213-2416. We invite you to reach out to us at 718-778-5617 for any inquiries or to learn more about how we can assist you on your financial journey. Join us at Berea today and experience the difference of being part of a credit union that truly cares!

At Berea, we believe that becoming a member means joining a welcoming family dedicated to supporting your financial journey. If you live, work, or attend school in the Brooklyn area, you're likely eligible to join us! We pride ourselves on being inclusive and accessible, ensuring that everyone can take advantage of our fantastic services and community-driven values. For more specific details on eligibility criteria, feel free to check out our resource page at . Joining is as easy as reaching out! You can start the process by visiting us at our branch located at 1641 Bergen St Brooklyn Ny 11213. Our friendly team is here to guide you every step of the way. If you have questions or want to get started right away, don't hesitate to call us at (718) 778-5617. Your journey towards better financial opportunities begins with us at Berea!

At Berea, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand that trust is built on a strong foundation, which is why we are proud to share insights into our financial strength. With a net worth of $15,275, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,720 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $0 in share certificates and $0 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $4,086 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Additionally, with $0 in used auto loans and $16,328 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Our $-295 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 0 full-time employees and 0 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Total Share and Deposit Accounts stand at 98, showcasing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Berea is your trusted partner. Visit us at 1641 Bergen St Brooklyn Ny 11213 or call (718) 778-5617 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.