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Our Friends of Bk Coop

Invest Your Funds Where They Make a Difference.

Friends of BK Coop
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Serving Central and Eastern Brooklyn for 25 years, Brooklyn Cooperative Federal Credit Union operates 3 branches and boasts 7,000 members. As Brooklyn’s largest CDFI, we offer personal & business checking & savings accounts; personal, business and mortgage loans; and wealth-building services like credit builders, small business tax prep, & ITIN applications.

Thank you to our loyal Friends of Bk Coop members for your continued support!

Friend of Bk Coop Benefits

Competitive Rates & No Fees

There are no fees associated with a CD or savings account.

Personal Support & 100% Virtual Opening

A Bk Coop representative will ensure your account works the way you want it to, including electronic transactions, e-statements, and mobile banking.

A Risk-Free Investment

Deposits are insured up to $250,000.

Your Voice Matters

Vote for Board members, participate in meetings, and help shape decisions that impact the coop.

How to Become a Friend of Brooklyn Coop

1

Complete the Forms

We'll provide the forms needed to establish your organization's membership and accounts, including the Membership Application, Business Account information, Beneficial Ownership form, and Corporate Resolution.

Interested in a checking account? We'll provide a separate checking account application.

2

Gather Your Documents

Please have your organization's registration and governing documents ready. Depending on your organization, these may include:

  • EIN letter
  • 501(c)(3) determination letter, if applicable
  • Certificate of Incorporation
  • Certificate of Good Standing or most recent Form 990
  • Board Resolution identifying authorized signers
3

Submit & Get Started

Once your forms and documents are complete, we'll review everything to make sure your application is ready for Board approval and account opening.

We'll provide a secure way to submit your documents and guide you through the process.

Your Deposits Lead to Local Growth

Join Brooklyn Coop in solidarity with our members!

  • — 80% of our members are Black, Indigenous & People of Color
  • — 40% speak Spanish as their primary language
  • — 12% are undocumented

Check us out in Urban Activist & Next City to learn more about our work.

Email amanda@brooklyn.coop for more information!

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