Consumers Federal Credit Union

Established in 1965, Consumers Federal Credit Union is headquartered in Brooklyn, New York.

Main Address

425 Neptune Ave
Brooklyn, NY 11224

Credit Union Details

Charter Number: 16951

Year Opened: 1965

Date Insured: April 12, 1971

Routing Number: 226074946

Peer Group: Assets between $50 million to $100 million

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

President of the Board: Marvin Bader

Manager/CEO: Stephen Jacoby

Employees: 12 full-time employees

Members: 3,412 current members

Website

consumersfcu.com

ATM Locations

ATM
Location
CI OFFICE
425 Neptune Ave
Brooklyn, NY 11224

Grants

Grants received by this credit union.

Grantor
Date Awarded
Amount
NCUA COVID-19 Emergency Fund
June 12, 2020
$10,000
Alloya Corporate FCU
April 9, 2020
$5,000
Community Development Financial Institution (CDFI)
August 29, 2019
$8,000
NCUA Technical Assistance Program - Community Development Revolving Loan Fund (CDRLF)
October 29, 2018
$10,000
Office of Small Credit Union Initiatives
July 25, 2016
$7,000
Office of Small Credit Union Initiatives
April 2, 2015
$3,000

Data from https://mapping.ncua.gov/CreditUnionDetails/16951

Mergers

Acquired Branch 6000 Nalc Credit Union in Amityville City, NY 11701 on September 1, 2023.
Acquired Beulah Federal Credit Union in Brooklyn City, NY 11213 on July 6, 2023.
Acquired Msba Employees Federal Credit Union in Garden City City, NY 11530 on June 30, 2022.
Acquired Bay Ridge Lodge No 632 Federal Credit Union in Marlboro City, NJ 7746 on December 14, 2020.
Acquired Esquire-Goodfellowship Federal Credit Union in Brooklyn City, NY 11230 on September 30, 2020.
Acquired Electchester Federal Credit Union in Flushing City, NY 11365 on September 30, 2019.
Acquired Warden Captree Federal Credit Union in Brooklyn City, NY 11235 on November 1, 2016.
Acquired Cornerstone Baptist Church Federal Credit Union in Brooklyn City, NY 11212 on August 10, 2016.
Acquired Rochdale Co-Op Federal Credit Union in Jamaica City, NY 11434 on January 16, 2007.
Acquired Greater New York Federal Credit Union in Brooklyn City, NY 11224 on May 16, 2005.
Acquired Cooperative Federal Credit Union in New York City, NY 10002 on October 1, 2003.
Acquired Clearview Gardens Federal Credit Union in Whitestone City, NY 11357 on November 3, 2000.
Acquired Glen Oaks Village Owners Federal Credit Union in Glen Oaks City, NY 10040 on September 6, 1996.

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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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