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Brooklyn Cooperative Federal Credit Union Rates & Review April 2026

Brooklyn Cooperative Federal Credit Union's 3 month CD rates are at 2.21%, 6 month CD rates are at 2.12%, 12 month CD rates are at 2.02%. MonitorBankRates evaluates the financial stability of Brooklyn Cooperative Federal Credit Union with a 5.0 Star Rating, an A- Overall Health Grade, and a Texas Ratio of 15.06%. Rates were last updated on 03/25/2026.

Brooklyn Cooperative Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Brooklyn Cooperative Federal Credit Union? Share your experience about Brooklyn Cooperative Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Brooklyn Cooperative Federal Credit Union.

Overall Health & Safety Grade ?
A-
Very Good Health Score: 92/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
15.06%
Good Higher than avg
Brooklyn Cooperative Federal Credit Union
Bushwick branch
1474 Myrtle Ave
Brooklyn, NY 11237 5128
https://www.brooklyn.coop/
Member NCUA

Brooklyn Cooperative Federal Credit Union CD Rates

Product Rate APY Term View More
3 month Certificate 2.19% 2.21% 3
No additional details.
Last Updated 03/25/2026
Institution Ratings
5.0
Star Rating
A-
Health Grade
Texas Ratio: 15.06%
6 month Certificate 2.10% 2.12% 6
No additional details.
Last Updated 03/25/2026
Institution Ratings
5.0
Star Rating
A-
Health Grade
Texas Ratio: 15.06%
12 month Certificate 2.00% 2.02% 12
No additional details.
Last Updated 03/25/2026
Institution Ratings
5.0
Star Rating
A-
Health Grade
Texas Ratio: 15.06%

Brooklyn Cooperative Federal Credit Union Credit Card Rates

Product Rate APR View More
Elevate Credit Card - 17.74%
Details Same APR for purchases & Cash advance; Regular APR: 17.74%
Last Updated 03/25/2026
Institution Ratings
5.0
Star Rating
A-
Health Grade
Texas Ratio: 15.06%

Methodology & Data Sources

MonitorBankRates Star Rating
Our rating for Brooklyn Cooperative Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather Brooklyn Cooperative Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Brooklyn Cooperative Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Brooklyn Cooperative Federal Credit Union
Address 1474 Myrtle Ave, Brooklyn, NY 11237 5128
Phone 718-418-8232
Fax 718-418-8252
President Jose Rolando Guzman
CEO Samira Rajan
Full-Time Employees 23
Part-Time Employees 0
Branch Locations 2
ATM Locations 3
NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A- (92/100)
Texas Ratio
15.06%
Return on Assets (ROA)
0.2392%
Return on Equity (ROE)
2.3477%
Non-Performing Loans Ratio (NPL)
2.05%
Total Assets
55,298,614
Total Amount of Shares and Deposits
47,325,241
Total Shares and Deposits < 1 Year
47,075,241
Total Shares and Deposits 1 3 Years
250,000
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
3,244,048
Total Uninsured Shares and Deposits > $250K (F+J)
5,994,048
Total Insured Shares and Deposits > $250K (item 17 less item K)
41,331,193
Total Interest Expense (Sum of items 6 8)
235,157
Share Certificates
100
Number of Accounts for Share Drafts
2,407
Number of Accounts for Regular Shares
7,244
All other shares
1,692
Non Member Deposits
21
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
977,873
Total Liabilities
49,819,465
Source: NCUA — Last Updated 09/30/2025

Customer Reviews

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Frequently Asked Questions About Brooklyn Cooperative Federal Credit Union

Is Brooklyn Cooperative Federal Credit Union a safe place to deposit money?

Yes, Brooklyn Cooperative Federal Credit Union is considered a safe financial institution. With a Texas Ratio of 15.062872744543%, the institution's financial health is rated as excellent. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category.

How many branches does Brooklyn Cooperative Federal Credit Union operate?

Brooklyn Cooperative Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Brooklyn Cooperative Federal Credit Union?

Yes, to access services at Brooklyn Cooperative Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Brooklyn Cooperative Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Brooklyn Cooperative Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Brooklyn Cooperative Federal Credit Union offer online and mobile banking?

Most modern institutions like Brooklyn Cooperative Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.brooklyn.coop/.

Current Brooklyn Cooperative Federal Credit Union Rates

  • 12-Month CD2.02%
Retrieved from our database of financial products. Rates subject to change.