Consumers Credit Union Brooklyn NY | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Consumers Credit Union, your trusted financial partner in the heart of Brooklyn, NY. Since our establishment in 1965, we have dedicated ourselves to fostering a sense of community and providing exceptional service to our 3,465 members. Located at 425 Neptune Ave, Brooklyn, NY 11224, our branch stands as a beacon of support for those looking to enhance their financial well-being. At Consumers Credit Union, we understand that every member's journey is unique. That's why we offer a range of services tailored to meet diverse needs from personal banking and auto loans to business banking solutions. With total assets reaching an impressive $97,962,399 and deposits totaling $7,956,018, we are committed to ensuring your funds are safe and accessible. Our leadership team, led by CEO Stephen Jacoby and Board President Marvin Bader, takes pride in maintaining a strong foundation built on trust and reliability. We also have a dedicated team of 12 employees ready to assist you with any inquiries or services you may need. While members can visit us at our branch address, official correspondence should be sent to the same location: 425 Neptune Ave, Brooklyn, NY 11224-4559. Feel free to reach out by phone at 718-266-2204 for any questions or assistance. Explore the various financial solutions we offer at Consumers Credit Union and discover how we can help you achieve your financial goals today! Your journey toward financial empowerment begins here.

Branch History & Mission

Consumers Credit Union has a rich history rooted in community service and member support. Established in 1965, our branch located at 425 Neptune Ave, Brooklyn, NY 11224 has grown into a vital financial resource for the local community. Over the years, we have proudly served 3,465 members, helping them achieve their financial goals while fostering a sense of belonging and trust. From our humble beginnings, Consumers has steadily evolved. With total assets now amounting to an impressive $97,962,399, we have expanded our offerings to include personal banking services such as checking and savings accounts, auto loans, mortgages, credit cards with rewards, and business banking solutions. This growth reflects our commitment to meeting the diverse needs of our members. Our mission is simple yet impactful: to provide exceptional financial services that enhance the lives of our members while supporting the community. We believe that by empowering individuals through education and resources, we can help them make informed financial decisions that lead to brighter futures. Our dedicated team works tirelessly to ensure that every member feels valued and supported in their journey toward financial wellness. We are proud of our digital advancements, including online and mobile banking features that make managing finances easier than ever. Whether it's making payments on the go or accessing account information from home, we prioritize convenience without compromising security. Additionally, our commitment to ADA compliance ensures that all members can access our services comfortably. While visiting us at 425 Neptune Ave, feel free to take advantage of our ATM services available on-site. Although we do not offer drive-thru banking at this location, we are always here during our operating hours: Monday, Tuesday, Wednesday, and Friday from 9 AM to 4 PM; Thursday from 9 AM to 6 PM. For official correspondence, please use our mailing address: 425 Neptune Ave, Brooklyn, NY 11224-4559. If you have any questions or need assistance, don't hesitate to call us at 718-266-2204. At Consumers Credit Union, we are more than just a financial institution; we are part of your community. Join us today and experience the benefits of membership together we can build a stronger future for all!

Branch Location & Accessibility

Welcome to Consumers at our convenient branch located at 425 Neptune Ave in Brooklyn, NY! Nestled in the vibrant community of Kings County, our location is easily accessible for all your banking needs. If you're visiting us, you'll find parking available nearby, making it simple to stop by whether you're running errands or making a dedicated trip. While members can visit us at 425 Neptune Ave, official correspondence should be sent to the same address. We're proud to offer a welcoming environment that complies with ADA standards, ensuring that everyone can access our services comfortably. Our branch is open during regular hours for your convenience: Monday, Tuesday, Wednesday, and Friday from 9 AM to 4 PM, and Thursday from 9 AM to 6 PM. Whether you need assistance with personal banking, auto loans, or business services, our friendly staff is here to help. For those on the go, we also have an ATM available for quick transactions. Although we don't have drive-thru banking at this location, our shared service center offers basic transactions for partner credit union members so you can manage your accounts with ease. Don't hesitate to reach out! Give us a call at 718-266-2204 if you have any questions or need assistance. We look forward to seeing you soon at Consumers!

Member Eligibility

Becoming a member of Consumers is like joining a warm, welcoming family where your financial well-being is the top priority. If you live, work, or go to school in the Brooklyn area, you're already on the path to membership! We believe that everyone deserves access to personalized financial services and support, and at Consumers, we strive to make that possible for you. Whether you're looking for checking and savings accounts, auto loans, or business banking solutions, our community is here to help you thrive. To learn more about what it takes to become a member, feel free to visit our eligibility page at . It's packed with all the details you need! Once you're ready to take the next step, opening an account is simple and straightforward. Just reach out to us at (718) 266-2204, and our friendly team will guide you through the process. Join us at Consumers, located at 425 Neptune Ave Brooklyn Ny 11224, and experience the difference of being part of a credit union that truly cares!

Business Banking & Commercial Services

Loan Options for Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $55 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $18,717,802, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services Made Simple

In addition to loans, our merchant services are designed to make everyday transactions easier for you and your customers. Whether you need point-of-sale systems or online payment solutions, we provide the tools that help streamline your operations and boost sales. Imagine the ease of accepting payments anywhere you go our services ensure you never miss a sale. Visit us at 425 Neptune Ave Brooklyn Ny 11224 in Brooklyn, NY, or call us at (718) 266-2204 to learn more about how we can support your business journey!

Comprehensive List Of Services

Banking on the Go

In today's fast-paced world, convenience is key. That's why we provide robust Online & Mobile Banking features that allow you to manage your accounts anytime, anywhere. From checking balances to making payments and transferring funds, everything is just a click away. Plus, our ATM and cash withdrawal services ensure that accessing your money is hassle-free.

Financing Your Dreams

Need a new car or looking to buy a home? Our Auto Loans & Vehicle Financing options are designed with competitive rates to make your dream ride more affordable. For those eyeing their own home, our Mortgage Loans & Refinancing services provide flexible solutions that can help you secure the best rates available. If you have unexpected expenses or want to consolidate debt, our Personal Loans & Debt Consolidation options can give you the financial relief you need.

Personal Banking Made Simple

We understand that managing personal finances can sometimes feel overwhelming. That's why we offer straightforward Personal Banking solutions including Checking & Savings Accounts tailored to help you save for your future while enjoying easy access to your funds. Whether you're setting up a new account or planning for your next big purchase, our friendly staff is here to guide you through the process.

Rewarding Credit Card Options

Shopping should be rewarding! With our Credit Cards with Rewards, every purchase brings you closer to exciting benefits. Enjoy cash back on everyday spending or points toward travel whatever suits your lifestyle best.

Shared Branch Services

If you're a member of another partner credit union, don't worry! We offer basic shared branch transactions like deposits and withdrawals for partner credit union members. You can also use our ATMs for withdrawals and balance checks without any extra fees. As you navigate through life's financial journey, remember that at Consumers in Brooklyn, NY, we're more than just a credit union we're your partners in achieving financial wellness. If you have questions about our services or want personalized assistance, please don't hesitate to reach out by calling us at 718-266-2204. Explore all that we have to offer by visiting us online at consumerscu.org. Join us today and take the first step towards better banking!

Support for Local Businesses

At Consumers, we value local businesses and offer specialized Business Banking services, including Merchant Services & Business Loans. We know how important it is for entrepreneurs to have reliable support, and we're here to help your business thrive.

Digital & Online Banking

Key Features for Your Convenience

Our online banking services are available 24/7, allowing you to check balances, pay bills, and transfer funds whenever it suits you. Need to send money to a friend? With our person-to-person transfer feature, it's quick and hassle-free. Plus, if you're looking for an eco-friendly option, you can sign up for e-statements and receive all your account information electronically no more paper clutter! For those who are always on their smartphones, our mobile application makes banking even easier. You can access all your accounts right from your phone, complete with mobile payments that allow you to make purchases securely without reaching for your wallet. And don't worry about security; we offer electronic signature authorization to ensure that your transactions are safe.

User-Friendly Experience

Navigating through our digital services is straightforward and intuitive, meaning you don't have to be a tech expert to manage your finances effectively. Whether you're setting up direct deposits or simply wanting to keep track of your spending, we've made it as easy as possible. At Consumers, we're committed to providing you with accessible banking solutions tailored for today's fast-paced world. Join us online today at https://www.consumerscu.org/ and discover how easy managing your money can be!

Financial Strength

At Consumers, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. Our commitment to maintaining strong financial health is reflected in our performance metrics, which are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $11,244,780, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 11.48% 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 $13,633,171 in share certificates, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $39,055,066, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $10,520,136 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our lending capacity supports members' financial goals across various sectors with $81,855,639 in total loans and leases and $111 in used auto loans. Our operational efficiency is reflected in our net income of $250,272, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 12 full-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Total Share Accounts stand at 8,375, showcasing a strong and growing member base that trusts us with their finances. Net Shares available for lending and investments are $212,556, which further strengthens our ability to support you. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Consumers is your trusted partner. Visit us at 425 Neptune Ave Brooklyn NY 11224 or call us at 718-266-2204 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $2,561,418 in used vehicle loans and $2,566,432 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new model or a reliable used vehicle, our team is ready to assist you every step of the way.

Business Financing

For business owners, our outstanding commercial loans totaling $18,717,802 provide the capital needed to grow and expand. We understand the unique challenges businesses face and are here to support your vision with tailored financing options.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $0, make buying or refinancing simple. We provide guidance throughout the process, ensuring that you have all the information necessary to make informed decisions.

Refinancing Options

If you're considering refinancing existing loans, our team can help you explore eligibility options that may save you money or improve your financial situation. With various products available for personal and commercial needs, we aim to find solutions that align with your goals. Visit us at 425 Neptune Ave Brooklyn Ny 11224 in Brooklyn, NY, or call us at (718) 266-2204 for more information about our loan offerings. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let us help you take the next step towards achieving your financial aspirations!

Unsecured Credit Card Loans

Managing daily expenses can be challenging, which is why we also offer flexible terms on unsecured credit card loans. With a total of $300,763 in loans helping members manage their finances effectively, our credit cards come with rewards and features that fit your lifestyle.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. With so many options available, having a reliable tool like LendMesh can help you navigate through the complexities of loan shopping. LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards. This commitment to transparency means that users receive fair and trustworthy offers based on the latest results from these verified institutions (Source: https://www.ncua.gov). By relying on this direct sourcing, LendMesh eliminates guesswork and promotes informed decision-making. One of the standout features of LendMesh is its focus on verified data. All loan offers are sourced from legitimate financial institutions, ensuring that users can trust the information they receive. Furthermore, LendMesh does not prioritize lenders based on paid promotions; there are no sponsored listings. This approach guarantees unbiased results that reflect true market conditions. Another benefit is the real-time rate comparisons available on LendMesh. Users can access up-to-date loan rates from multiple institutions, allowing them to make informed choices quickly and efficiently. Many have found success using this tool. For example, one satisfied member stated, "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" To explore your options further and take advantage of this powerful comparison tool, compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

Consumers

Type of Loan Offerings

Home Equity Loans

Personal Loans

Vehicle Loans