Concord Federal Credit Union

Concord Federal Credit Union is a credit union in Brooklyn, NY. Serving the community for over 74 years, this institution provides a variety of financial services, including share and savings accounts, home banking, vacation savings, and club empowerment loans. The credit union is dedicated to helping members achieve their financial goals and build assets through personalized service and quality products.

Founded in 1951 by the Concord Baptist Church of Christ, the institution was established to address discriminatory banking practices and provide essential resources like home mortgages to those denied by mainstream banks. Based in the heart of the Bedford-Stuyvesant neighborhood, the credit union focuses on closing the racial wealth gap and fostering financial empowerment. With a legacy of service spanning many decades, the organization continues to act as a trusted partner for individuals, families, and businesses striving to build generational wealth.

The credit union is located on Marcy Avenue, near K553 Brooklyn Academy High School and Boys High School. It is also a short walk from the Hattie Carthan Playground, the Police Athletic League Wynn Center, and Shiloh Garden.

Concord Federal Credit Union is recognized for its long-standing reputation of excellence, integrity, and community partnership. The institution stands as a pillar of financial stability and knowledge, maintaining a strong commitment to uplifting the financial well-being of its members.

Through decades of dedicated service, Concord Federal Credit Union remains a vital resource for financial empowerment and stability within Brooklyn.