Concord Federal Credit Union Brooklyn, New York
Concord Federal Credit Union is a federal credit union headquartered in Brooklyn, NY, established in 1951 (NCUA charter 7504), and it is regulated and insured by the NCUA. At Q2 2026 it reported 431 members and total assets of $6.9M (down 9.6% from Q2 2025), the 220th largest of 267 credit unions headquartered in New York. Its net worth ratio was 11.14% at Q2 2026, in the well capitalized band.
Also written as Concord FCU
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- Federal credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 7504
- Headquarters
- Brooklyn, NY
- Established
- 1951
- Total assets, Q2 2026
- $6.9M
- Assets vs Q2 2025
- -9.6%
- Members, Q2 2026
- 431
- Net worth ratio, Q2 2026
- 11.14%
- Latest call report
- Q2 2026, NCUA 5300 · Concord Federal Credit Union call report
- Asset rank in state
- 220th of 267 in New York
- Routing number
- 226074302
- Branches
- 1
It has 52 fewer members than on June 30, 2025 (-10.8%). Its net worth ratio was down 1.00 percentage points from 12.14% on June 30, 2025. Other unsecured loans and lines of credit are its largest loan category, $204K of $436K in total loans on its June 30, 2026 filing.
Credit unions similar in size in New York
Frequently asked about Concord Federal Credit Union
How big is Concord Federal Credit Union?
At Q2 2026 it reported total assets of $6.9M and 431 members.
Where is Concord Federal Credit Union headquartered?
It is headquartered in Brooklyn, NY, United States.
When was Concord Federal Credit Union founded?
It was established in 1951, per NCUA records.
Is Concord Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 7504): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Concord Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is Concord Federal Credit Union well capitalized?
Its net worth ratio was 11.14% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Concord Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 7.15% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Brooklyn, NY 11216
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1951
- NCUA Charter #
- 7504
- RSSD ID
- 501280
- Members
- 431
- Potential members
- 3,000
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 2,479 credit unions with under $100M in assets, as of Q2 2026. It is in the top quartile on 0 of 6 ranked measures and in the bottom quartile on 4.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 11.14% | 14.31% | 25th below |
| Return on assets Middle half of peers: 0.16% to 1.30% | -3.20% | 0.72% | under 10th bottom |
| Return on equity Middle half of peers: 1.04% to 8.69% | -28.76% | 4.74% | under 10th bottom |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 1.91% | 3.93% | under 10th bottom |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 255.27% | 79.83% | under 10th bottom |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 0.45% | 0.78% | 70th above |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | not on file | 0.86% | not on file |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 2.36% | 4.70% | under 10th position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 7.15% | 58.92% | under 10th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$6.9M total assets against $7.6M; $6.1M total shares and deposits against $6.7M; $436K total loans against $703K.
$766K net worth against $923K.
11.14% net worth ratio against 12.14%.
7.15% loan-to-share ratio against 10.54%.
-3.20% return on assets against -2.01%; -28.76% return on equity against -16.51%.
1.91% net interest margin against 2.91%.
431 members against 483.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 11.14% | -3.20% | — | 7.15% |
| March 31, 2026 | 11.74% | -0.94% | — | 8.20% |
| December 31, 2025 | 11.68% | -2.03% | — | 9.20% |
| September 30, 2025 | 11.82% | -2.68% | — | 10.43% |
| June 30, 2025 | 12.14% | -2.01% | 2.17% | 10.54% |
| March 31, 2025 | 11.79% | 4.53% | 0.59% | 10.69% |
Scroll sideways to see every column.
Watch flags
The credit union posted negative net income relative to assets in its latest filing. Credit unions build net worth only through retained earnings, so sustained losses gradually weaken capital. BankRegReports flag, negative earnings.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.