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Brooklyn Cooperative FCU (NY)

Brooklyn Cooperative FCU (NY)

SBA Loan Approvals as of 6/30/25 14
SBA Loans Total Approval Amount as of 6/30/25 $472,000
Average SBA Loan Size as of 6/30/25 $33,714
Average SBA Loan Rate over Prime (Prime is 7%) 4.63
Brooklyn Cooperative FCU (NY)

Unlock Your Financial Potential with Brooklyn Cooperative FCU (NY)

Brooklyn Cooperative Federal Credit Union is a not-for-profit financial cooperative serving the communities of Central and Eastern Brooklyn. As one of New York City’s leading community development credit unions, it is dedicated to providing fair and affordable financial services — including support for small businesses through SBA loan programs.

Key Features of Brooklyn Cooperative FCU

  • Community-Focused Business Banking: Business checking and savings accounts, low-fee financial services, and online tools designed to meet the needs of neighborhood entrepreneurs.
  • SBA Loan Access: Brooklyn Cooperative FCU partners with the U.S. Small Business Administration and other mission-driven lenders to help small business owners access SBA 7(a) microloans and other government-backed financing for working capital, equipment purchases, and start-up costs.
  • Flexible Small Business Lending: In addition to SBA options, the credit union offers small business loans, microloans, and lines of credit with local decision-making and personalized underwriting.
  • User-Friendly Digital Tools: Robust online and mobile banking give business members convenient, 24/7 access to their accounts.
  • Commitment to Community Development: As a federally chartered credit union, Brooklyn Cooperative reinvests in local neighborhoods, provides financial education, and helps underserved entrepreneurs build credit and grow their businesses.

Why Choose Brooklyn Cooperative FCU for SBA Loans?

Brooklyn Cooperative FCU combines the personal service of a neighborhood credit union with the expertise needed to deliver SBA-backed financing effectively. Its staff understands the challenges faced by small businesses in New York City and works closely with members to streamline approvals, offer affordable rates, and tailor funding solutions for each stage of growth.

How to Get Started

Ready to grow your business with an SBA loan or other financing option? Visit the Brooklyn Cooperative FCU Small Business Services page to explore current offerings, review eligibility, and connect with a loan officer who can guide you through the process.

Empower your financial future today with Brooklyn Cooperative FCU — where New York entrepreneurs come to grow.

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