Brooklyn Cooperative
Current Rates

Rates are updated semi-annually. For more information about Brooklyn Cooperative’s interest rates, please call the credit union at (718) 418-8232.


Interest Rates and Fees, as of January 27, 2010.

Savings Account fees
Savings account opening $ 10
Minimum balance $ 5
Monthly fee (with ATM card only)   $ 3
Returned check or ACH item fee $ 20
Inactive account fee $ 5/ month
   
Checking/ATM Account fees  
Minimum balance (checking only) $100
Monthly fee (checking only) $ 6
ATM card (new or replacement) $ 5
Returned check or ACH item $ 20
Overdraft transfer from savings $ 3
Stop payment on a check $ 15
Image/Reprint of paid check $ 5
   
Loan application fees  
Member $ 20
Co-signer $ 20
Real estate loan $ 200
   
Interest Rates  
Unsecured personal loans 11%
Secured loans 5%
Automobile loans 5 – 9%
ME loans 9%
Real Estate Loans Please inquire with staff
Now/Ahora Loans 13%
ME line of credit 9%
 12 Month Certificate of Deposit (CD)                          2% APY 
   
Account Services  
Verification of deposit $ 5
Reprint of statement/account history $ 7
ITIN application $ 20
Reconciliation of account $ 25 per hour
 Money order
 Stop payment on money order
 Domesic wire transfer
 International wire transfer


MEMBER PROFILE

Esmeralda Valencia

Esmeralda’s has been a member since 2002. Esmeralda learned about BCFCU through a community organization called “Make the Road by Walking” and joined when she saw an opportunity to buy a restaurant. She bought the restaurant in disrepair, but with a loan and some technical assist...


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