BROOKLYN COOPERATIVE Credit Union Profile

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BROOKLYN COOPERATIVE

Charter #24642 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (718) 418-8232

Fax: (718) 418-8252

Founding Date: N/A

Website: http://www.brooklyn.coop

Personnel & Operations

President: Guzman, Jose Rolando

Manager: Rajan, Samira

FT Employees: 23

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 2

Hours: Tuesday - Thursday: 9am to 4pm Friday: 9am

Credit Union Profile Summary

BROOKLYN COOPERATIVE is a FCU Credit Union. With a total of 7,297 members [1], this institution manages approximately $54,987,436 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 10.07% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 11.55% [1].

Financial Snapshot

Total Assets [1]
$54,987,436

Total economic resources.

Total Loans [1]
$41,341,150

Total value of outstanding loans.

Total Deposits [1]
$46,596,980

Total funds deposited by members.

Members [1]
7,297

Number of active members.

Performance Ratios

Net Worth Ratio [1]
10.07%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.14%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
88.72%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 2.35%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↑ 11.55%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↑ 2.41%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1474 Myrtle Ave

Brooklyn, NY, 11237-5128
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 2 branches reported by BROOKLYN COOPERATIVE (Charter #24642).

Main Office

Bushwick branch Main Office

Type: Corporate Office

1474 Myrtle Ave

Brooklyn, NY 11237-5128

Phone: (718) 418-8232

Services: Member Services, ATM

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Additional Branches

Brooklyn

Bed-Stuy branch

Type: Branch Office

834 Dekalb Ave

Brooklyn, NY 11221-1401

Phone: (718) 418-8232

Services: Member Services, ATM

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