Brooklyn Cooperative Credit Union Brooklyn NY | Affordable Auto Loans & Business Banking

Introduction

Welcome to Brooklyn Cooperative at our East Ny Branch, located at 282 Chestnut St, Brooklyn, NY 11208. Since our founding in 2000, we've proudly served over 7,227 members, building a strong community focused on trust and financial well-being. With total assets of $53,564,658 and deposits reaching $2,380,866, we are committed to providing secure and beneficial banking options for our community. At Brooklyn Cooperative, we understand that every member's journey is unique. That's why we offer a wide range of services tailored to meet your personal and business needs from checking and savings accounts to auto loans, mortgages, and credit cards with rewards. Our dedicated team of 19 employees, led by CEO Samira Rajan and Board President Jose Rolando Guzman, is always ready to assist you. While members can visit us at our branch for all their banking needs, please note that official correspondence should be directed to our mailing address at 1474 Myrtle Ave, Brooklyn, NY 11237-5128. With a net worth of $5,527,621 and cash in hand totaling $781,476, you can feel confident knowing your finances are safe with us. We also encourage you to explore our online services available through our website at www.brooklyn.coop, where you can access online banking and mobile payments for added convenience. We invite you to experience the Brooklyn Cooperative difference. Whether you're looking for financial advice or need help with loans and deposits, our friendly staff is just a phone call away at 718-418-8232. Come visit us during our lobby hours from Wednesday to Saturday from 9 AM to 2 PM! Your financial future starts here let's grow together!

Branch History & Mission

Community Engagement

Brooklyn Cooperative is more than just a bank; we are an active participant in local initiatives aimed at improving our community. We partner with various organizations to promote financial literacy and provide resources that help individuals make informed financial choices. Our efforts extend beyond traditional banking services as we strive to uplift those around us. We also embrace technology by offering online and mobile banking options that keep you connected wherever you go. With features like e-statements and mobile payments available through our user-friendly app, managing your finances has never been easier or more efficient.

Join Us Today!

As we continue this journey together, we invite you to become part of the Brooklyn Cooperative family. Experience firsthand how our commitment to member service can make a positive impact on your life. Whether you're looking for savings accounts or business loans, we are here for you every step of the way. Reach out today by calling us at (718) 418-8232 or visit our website at brooklyn.coop for more information about joining us or accessing our services. Together, let's build a brighter financial future!

Our Mission

At the heart of Brooklyn Cooperative is our mission: to empower our members through financial education, innovative products, and exceptional service. We believe that everyone deserves the opportunity to achieve their financial goals. That's why we offer a wide range of services including personal banking, auto loans, mortgage options, credit cards with rewards, and business banking solutions. We understand that financial decisions can be overwhelming; therefore, we prioritize clear communication and support. Our operating hours are Wednesday through Saturday from 9 AM to 2 PM, making it easier for you to access our services when you need them most. While members can visit us at our branch address for all their banking needs, official correspondence should be directed to our mailing address at 1474 Myrtle Ave, Brooklyn, NY 11237-5128.

Branch Location & Accessibility

Conveniently Located

Nestled in a vibrant neighborhood, our branch is easily reachable and close to various local landmarks. You'll find us just a short distance from the bustling shopping areas and parks that bring life to Brooklyn. With ample parking available nearby, visiting us is hassle-free. For those who require special access, rest assured that we comply with ADA guidelines, offering ramps and other features to ensure everyone can comfortably access our services.

Operating Hours Tailored for You

We know your time is valuable. That's why our lobby hours are designed to fit your schedule open Wednesday through Saturday from 9 AM to 2 PM. This flexibility allows you to take care of your banking needs during the week when it's most convenient for you.

Services Designed for Your Needs

At Brooklyn Cooperative, we offer a variety of services tailored to meet your financial goals. From personal checking and savings accounts to auto loans and mortgage refinancing, we have options that suit individuals and families alike. Plus, our ATM is available for quick cash withdrawals and balance checks whenever you need it. While members can visit us at 282 Chestnut St for all their banking needs, please note that official correspondence should be sent to our mailing address at 1474 Myrtle Ave, Brooklyn, NY 11237-5128.

We’re Here for You!

If you have any questions or need assistance, don't hesitate to call us at 718-418-8232. We invite you to visit us soon and discover how Brooklyn Cooperative can help make your financial journey easier and more rewarding!

Member Eligibility

At Brooklyn Cooperative, we believe that everyone deserves access to a supportive financial community, and joining us is a breeze! Membership is open to individuals who live, work, or worship in our local area, as well as their family members. This means that if you're part of the Brooklyn community or have loved ones who are, you're already on your way to enjoying the benefits we offer. You can explore the detailed eligibility criteria by visiting this link. Once you see how simple it is to qualify, you'll be ready to take the next step! Opening an account at Brooklyn Cooperative is designed to be straightforward and welcoming. With various banking options tailored just for you like checking accounts, savings plans, and loans you'll find everything you need under one roof. Plus, being a member means access to personalized services that truly cater to your financial needs. If you have any questions or want to start your membership journey today, don't hesitate to give us a call at (718) 418-8232. We're here for you at our convenient location: 282 Chestnut St Brooklyn Ny 11208!

Business Banking & Commercial Services

At Brooklyn Cooperative, we understand that every business has its own unique journey. Whether you're just starting out or looking to expand, our tailored financial solutions are designed to help you thrive. Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $20 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $5 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $5,277,120, we continue to drive economic growth by financing new and expanding businesses. In addition to our loan offerings, we provide essential merchant services that streamline transactions for local businesses. Imagine a café owner effortlessly managing payments and tracking sales all while focusing on serving great coffee. Our merchant services make this possible, ensuring you have the tools needed for smooth operations. Located at 282 Chestnut St Brooklyn Ny 11208 in Brooklyn, NY, we're here to help you navigate your business banking needs. Reach out to us at (718) 418-8232 or visit our website at http://www.brooklyn .coop to learn more about how we can support your business goals.

Comprehensive List Of Services

ATM & Cash Withdrawal Services

Accessing your funds is simple with our ATM and cash withdrawal services available around the clock. With basic ATM access for withdrawals and balance checks, managing your money has never been easier.

Business Banking

If you're a business owner, we've got you covered too! Our business banking services, including merchant services and business loans, help you manage your finances effectively while also providing the tools needed for growth.

Credit Cards

Enhance your purchasing power with our credit cards featuring rewards. Whether you're planning a special trip or just want cash back on everyday purchases, our cards are tailored to reward you for spending.

Final Thoughts

At Brooklyn Cooperative, we prioritize making banking accessible and straightforward for everyone in the community. We invite you to visit us at our branch or check out more about our offerings online at www.brooklyn.coop. Your financial success is important to us let's work together towards achieving it! If you have any questions or need assistance, don't hesitate to give us a call at 718-418-8232. Join us today and experience the difference in personalized service!

Loans and Financing

Need a new car? Our auto loans and vehicle financing options make it easy for you to drive away in your dream vehicle without breaking the bank. If home ownership is on your mind, explore our mortgage loans and refinancing services designed to help you achieve that goal with competitive rates. For those unexpected expenses or consolidating debt, consider our personal loans. We understand that life can throw surprises your way, and we're here to help you navigate those challenges.

Personal Banking

Our personal banking services offer you convenience and flexibility. Whether you're looking to open a checking or savings account, we have options that suit your lifestyle. Imagine having the ability to manage your finances effortlessly through our online and mobile banking platforms. This means you can check balances, transfer funds, and pay bills from anywhere, anytime.

Digital & Online Banking

Key Features

We offer electronic signature authorization for easy document signing from the comfort of your home. Whether you're applying for a loan or setting up new services, it's all done securely online. You can also opt for e-statements, which are not only eco-friendly but help keep your financial records organized and accessible. If you're on the go, take advantage of our mobile application. With features like mobile payments and person-to-person transfers, sending money to friends or making purchases has never been simpler. Imagine paying back a friend for lunch or splitting a bill without needing cash our app makes it possible right from your phone!

Online Banking Services

Our online banking service at http://www.brooklyn .coop is available 24/7, allowing you to check balances, pay bills, and transfer funds with just a few clicks. No more waiting in line or rushing before closing time your bank is always open when you need it! Plus, our user-friendly interface means you can navigate your account effortlessly.

Security and Accessibility

Your security is our top priority. We use advanced technology to protect your information so you can bank confidently. And with real-time account management features, you'll always be in control of your finances. At Brooklyn Cooperative, we're committed to providing you with the tools you need to manage your money efficiently while ensuring that every transaction is safe and secure. Explore our digital banking options today and experience the convenience for yourself!

Financial Strength

Commitment to Improvement

With $2,027,621 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $37,533,928 in total loans and leases.

Focused on Our Members

Unlike traditional banks, we prioritize our members. With non-member deposits at $5,255,112, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Growing Community Trust

Our total share accounts stand at 10,894, showing a strong and growing member base that trusts us with their finances. Net shares available for lending and investments amount to $3,573,410, further demonstrating our commitment to serving you well. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Brooklyn Cooperative is your trusted partner. Visit us at 282 Chestnut St Brooklyn Ny 11208 or call (718) 418-8232 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings Options

Members' savings are secured through $2,808,361 in share certificates, offering stable and rewarding financial growth opportunities. While our total amount money market shares stands at $0, we ensure your savings grow safely with us.

Operational Efficiency

Our $0 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 19 full-time employees ready to assist you with any needs you may have.

Strong Financial Health

With a net worth of $5,527,621, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,032 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $0 in used vehicle loans and $0 in new vehicle loans already helping members get on the road. We're here to assist you every step of the way, ensuring you find the right financing solution for your next vehicle.

Business Financing

For business owners, our outstanding commercial loans totaling $5,277,120 provide the capital needed to grow and expand. Whether you're starting a new venture or looking to scale an existing business, our team can help you navigate financing options that work for you. At Brooklyn Cooperative located at 282 Chestnut St Brooklyn NY 11208, we prioritize your financial well-being. If you're interested in refinancing or exploring eligibility options for any of our loan products, don't hesitate to reach out! Call us at 718-418-8232 or visit our website at Brooklyn Cooperative for more information. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Your journey towards better financial health starts here!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $1,530,405, make buying or refinancing simple. We believe that owning a home should be accessible, and our team is ready to guide you through the mortgage process.

Unsecured Credit Card Loans

Managing your finances can sometimes require a little extra help. That's why we also offer flexible terms on unsecured credit card loans, with a total of $261,971 in loans helping members manage their finances effectively. This option provides the freedom to make purchases while staying within your budget.

Loan Aggregator

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Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This means users can trust that the offers presented are fair and transparent. Each loan comparison reflects actual rates from reputable lenders, ensuring that all information is accurate and up-to-date.

BROOKLYN COOPERATIVE FEDERAL CREDIT UNION