The Brooklyn Cooperative Federal Credit Union (BCFCU) was awarded a $1,826,265 project grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The grant will support BCFCU's ability to provide financial products and services through December 31, 2023 to address the economic impacts of the COVID-19 pandemic in its service areas. As a Community Development Financial Institution, BCFCU aims to deliver responsible lending, banking services, financial counseling, and related assistance to underserved communities under this funding from the CDFI RRP program.
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