# BROOKLYN COOPERATIVE
Brooklyn, NY · NCUA charter 24642 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/brooklyn-cooperative-24642

Who the members are: federal charter, community charter, organized 2000, low-income designated, minority depository institution. 6,274 members of 1,000,000 potential (0.6% of the field); checking penetration 37% (share draft accounts per 100 members); loans per 100 members 18.

**Verdict on the desk:** this could be *ordinary*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $57.2M |
| Members | 6,274 (-12.4% YoY) |
| Full-time staff | 20 |
| Net worth | $5.6M |
| Net worth ratio | 9.8% (p19 of band) |
| ROA (annualized) | 0.07% (p16 of band) |
| Total delinquency | 1.94% (p93 of band) |
| Net charge-offs (annualized) | 0.41% (p65 of band) |
| Loans / shares | 81% (p84 of band) |
| Cash / assets | 13.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.59% (p47 of band) |
| Operating expense / assets | 7.22% (p99 of band) |
| Vehicles % of loans | 0% (p0 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | – |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | – |
| Vehicle NCO | – |
| Repossessed % of vehicle book | – |
| Real estate % of loans | 62% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 127% |
| Core shares % of member funds | 66% |
| Certificates % of member funds | 1% |
| Average share balance | $4,764 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $2.2M |
| Loans outstanding per 100 members | 18% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $35,334 |
| Loans granted, annualized | $3.3M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $2.2M outstanding purchased (39.1% of net worth), $3.7M sold and retained. Sold in 5 and bought in 1 of the last 8 quarters. Shares 9.9% year over year.

## Flags firing in the latest filing

- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | losing money, expense trap, delinquency 2x band |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 4 | leaning on borrowings |  |
| 2016-12 | 3 |  | leaning on borrowings |
| 2017-03 | 3 | net worth falling | losing money |
| 2017-06 | 3 | thin capital | delinquency 2x band |
| 2017-09 | 1 |  | net worth falling, thin capital |
| 2017-12 | 3 | thin capital, delinquency 2x band |  |
| 2018-03 | 4 | net worth falling, losing money | delinquency 2x band |
| 2018-06 | 6 | delinquency 2x band, delinquency rising |  |
| 2018-09 | 5 |  | net worth falling |
| 2018-12 | 3 |  | losing money, delinquency rising |
| 2019-03 | 5 | net worth falling, delinquency rising |  |
| 2019-06 | 6 | capital below 7% | delinquency rising |
| 2019-09 | 3 |  | net worth falling, capital below 7% |
| 2019-12 | 2 |  | delinquency 2x band |
| 2020-03 | 2 |  |  |
| 2020-06 | 5 | capital below 7%, margin squeeze |  |
| 2020-09 | 2 |  | expense trap, capital below 7% |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | expense trap |  |
| 2021-06 | 2 |  | thin capital |
| 2021-09 | 5 | thin capital, delinquency 2x band, delinquency rising |  |
| 2021-12 | 2 |  | margin squeeze, thin capital, delinquency rising |
| 2022-03 | 3 | delinquency rising |  |
| 2022-06 | 3 |  |  |
| 2022-09 | 3 | assets shrinking, members leaving | delinquency 2x band, delinquency rising |
| 2022-12 | 3 |  |  |
| 2023-03 | 4 | losing money |  |
| 2023-06 | 4 |  |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 3 |  | members leaving |
| 2024-03 | 2 | net worth falling | assets shrinking, losing money |
| 2024-06 | 4 | delinquency 2x band, delinquency rising |  |
| 2024-09 | 3 |  | net worth falling |
| 2024-12 | 4 | members leaving |  |
| 2025-03 | 1 |  | delinquency 2x band, delinquency rising, members leaving |
| 2025-06 | 1 |  |  |
| 2025-09 | 2 | delinquency 2x band |  |
| 2025-12 | 3 | members leaving |  |
| 2026-03 | 4 | delinquency rising |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-01-20 [A New Loan Product Is Helping Power Brooklyn’s Co-ops - Next City](https://news.google.com/rss/articles/CBMijwFBVV95cUxOWkZ2M21VMV9YaThLOF9PZ0tqOEZjdlExbmdROEZZbXgySTNEMjZJSjl3S2pxZ0luVTBiZDJBUEQyWEZFLWpxVW5PYWFYWmkyWlpySnRrdDFNNWhrZE1OZ2F6c0N2bUd5WmNoSTlxMlBuU2U4Qmw1d3Y0Yk56VFJ3cTRKbjRVMldhS2ZReGktUQ?oc=5) · Next City
- 2023-12-05 [How a Small Brooklyn Credit Union Punches Above Its Weight - Next City](https://news.google.com/rss/articles/CBMikgFBVV95cUxOcWU4VlhTWXlyUEJBdVozYVdEZEJvRG5XZnk4dUIwRHJhWXJrUDRzSVFtTXBNcXA1azFyRzl5SU4wZ2NybXBSYzJTZUF2YWRvRVZlUG5WRzg1bEJrbTN4WHNqQjE4aVJXM29jcndMVVk2bTZrWE1GWWRxWkNJZk9NTzJ2QlhWdW9vbEk1OWxkdXN3QQ?oc=5) · Next City
- 2022-03-03 [Brooklyn Cooperative Federal Credit Union’s Financial Services Help Members Build Credit - CardRates.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxNWWNvZVRCVzRLV2IzYmNzSVdEczR0b2hUZGVsU24tcUhrOU10LWZYZHlKU1R0aTNWRm9ySktCQnhxZURYc1Jxd2FJSDNsS0kxRTE4SjF2dmVhaHo2QTRDN21Ud1F4M0p3bmV1SHZGb3pXZTBCQ1NyRTF0RThVb0VBWTJ4Y19uWFcyb2RkN0dXWWN6VWU4ZmNja0xRSG1OdjMzS0E?oc=5) · CardRates.com
- 2026-03-17 [Samira Rajan, 36 - Crain's New York](https://news.google.com/rss/articles/CBMifkFVX3lxTE5wTVpkTTByN1I1UEJlZ2sxZk4tZjNiQzEzMmtqaHJLYUZVVzBGWmhydVJzMlJCTEZBWTBTMHFNc3oyOW94TEhjemM3OHpaYTE2dTFwQ0cySXRYd2JWU3FvVWdDSEdOaWZOcU1nVGtoVkdMai1RdmttRzZwaXpQUQ?oc=5) · Crain's New York
- 2022-10-10 [Brooklyn Cooperative Federal Credit Union’s Products and Partnerships Help Underserved Communities - BadCredit.org](https://news.google.com/rss/articles/CBMijwFBVV95cUxQNEd4V0UxOE9YR21pSVk4VXAzb3N4dUFMU29WV3ppVFhZWWgycERseUx1TndyczRnczAwWDV6VlZreDRpMnoxd0s2QXRvQ01BTlVZWTY2YTRLZ1N3dmdqZjhxaHl2TUs5LXJVY1BKN3VidGV2OFJnb1hGdGVsUVByOHZOM0d6SDJSY09zcTNFONIBlAFBVV95cUxOcmRsUzBZcTRmdWRINlMzUlRiUEhlTEJ5ZlhQcS12WlNUV3hJNHJUWGk3Zm8zbHluQ1Z5NTBZNlFmSkd4QUY2S0ctbmJESGFzV3UyWkR2dUhRX2RCc2FBVWhBQWZBUG50MkE4bS1pUTFxcDlkazlwZnpTM1A0YVhTNWJiSGtkTXZ2eFl0X1VSZVh4NC0z?oc=5) · BadCredit.org
- 2015-10-02 [NYC’s Credit Unions Give Mom-and-Pop Stores a Chance, Despite Gentrification - YES! Magazine](https://news.google.com/rss/articles/CBMirAFBVV95cUxQbmd4ek5rNWJkYkh0RWlZcGVMQ2hXeTltc1I2Z29IWG9fVTZrWWhiR1g0MG1PQjZtRzdsS2ItMFo5OEFKTWN2UVBPNEVCa2NIUEl1cHppWUN0ajdRZWpVMFk3amdkNExWMktNVzc4aVQ5ZzlmWWh5eVlvREhkWTJJdW90X3M3T24ySzZfMHZrSVlCQ0I2dDdpZjBoaFNrbE9HdUtZTUt0YXl5M3g1?oc=5) · YES! Magazine
- 2016-05-30 [Small Town Feel: Brooklyn Cooperative Makes Brooklyn Banking a Community Engagement - BKReader](https://news.google.com/rss/articles/CBMizgFBVV95cUxPU0poZ181aEJROElpNjBScXBYcjM2Y2g0SDJtOV9HQ2VuT2NtanlFQVBQZ2FUVEdGVlNCblR5QnNld0lqT3J1ajdnOFhETW1GVWtZMmlXbGFGWV92TXV4blBBcEZ0bFZXRWdXOGJzNDlOOHJkOTJJWFh2b1dUak1Tbl9FTVhkSF92RldxY20tM2NweWZfMVFQOHRMb0ZNRWJLUkI2QTFJY3hCRmNaZGhKZlZGSnkxVU5MdTVJZzgxdFFvOEV3YWtzempaZjFKQQ?oc=5) · BKReader
- 2014-06-12 [Brooklyn Cooperative Credit Union Opening on Dekalb in Bed Stuy - brownstoner.com](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPNW00T19TVXNDNFowbHVXbnFEeEFnQ2t2Vl9ySTBJTVI5aTg4M3RrS092YzBWV1FlYU5CSGg3X0RlX0FxZkVBRlNTS2JER2xzQzJoMEV5aGJKWEkxSTdSUzFISmEtUFhIeUtnWlJEdC0zYVR0d2I3S2MySGtyQTZWVWNpR3MzT25ZMUxGckpfdUllT0lNbFc1WTJSNk0xZHJ0UjRNSklCbzdXdw?oc=5) · brownstoner.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24642 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/2.json (key "24642", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=24642
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide