Concord Federal Credit Union

Established in 1951, Concord Federal Credit Union is headquartered in Brooklyn, New York.

Main Address

833 Marcy Ave
Brooklyn, NY 11216

Credit Union Details

Charter Number: 7504

Year Opened: 1951

Date Insured: March 4, 1971

Routing Number: 226074302

Peer Group: Assets between $2 million to $10 million

Credit Union Type: Federally chartered, federally insured credit union (FCU)

President of the Board: Deborah Boatright

Manager/CEO: Denise A. Michaux

Employees: 2 full-time and 1 part-time employees

Members: 649 current members

Website

concordfcu.org

Grants

Grants received by this credit union.

Grantor
Date Awarded
Amount
Community Development Financial Institution (CDFI)
April 10, 2023
$500,000
Inclusiv - Racial Equity Grant
March 22, 2023
$10,000
Community Development Financial Institution (CDFI)
March 2, 2023
$125,000
Community Development Financial Institution (CDFI)
September 27, 2022
$125,000
Community Development Financial Institution (CDFI)
September 16, 2021
$125,000
NYS Empire State Development
July 15, 2021
$200,000
Community Development Financial Institution (CDFI)
June 15, 2021
$462,000
NCUA Technical Assistance Program - Community Development Revolving Loan Fund (CDRLF)
September 30, 2020
$125,000
Inclusiv AACUI Grant
April 1, 2020
$40,000
National Federation of Community Development Credit Unions
November 30, 2019
$13,500
Concord Baptist Church
April 1, 2019
$35,000

Data from https://mapping.ncua.gov/CreditUnionDetails/7504

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FAQ

What does a credit union have to offer?

Credit unions are non-for-profit financial cooperatives, owned and controlled by the credit union's members.

What is a cooperative?

Cooperatives, in simplest terms, are institutions that belong to the people that use them.

Is my money safe?

Credit unions are insured up to $250,000 by the National Credit Union Administration (NCUA).

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