Brooklyn Cooperative Federal Credit Union
Community credit union building wealth in communities through fair and affordable financial services.
Community credit union building wealth in communities through fair and affordable financial services.
Brooklyn Cooperative Federal Credit Union is a community development credit union (CDCU) that has been serving Brooklyn since its founding in 2001. As a certified CDFI (community development financial institution), the credit union is committed to building wealth in communities through fair and affordable financial services. Its strengths lie in the affordability and flexibility of its account services, the comprehensiveness of its loan program, its innovative approach to technical assistance, and its dedication to serving communities neglected by mainstream banking institutions.
The latest investment in Brooklyn Cooperative Federal Credit Union amounted to $3.47 million and was in the form of a grant investment, with Community Development Financial Institutions Fund being the participating investor. This investment occurred on 10 April 2023. The credit union operates in the United States and primarily operates in the Financial Services and Banking industries.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Grant | $3.47M | 1 | Community Development Financial Institutions Fund | 10 Apr 2023 |
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