BROOKLYN, N.Y.–Brooklyn Cooperative FCU said it is partnering with Eko to enable its members to invest directly from their CU’s platform.
Members can start with as little as $10 and investment services are available in both English and Spanish, the organization said.
BCFCU is a CDFI that was chartered in 2001 and which serves central and eastern Brooklyn communities that has grown to approximately 7,200 members and $50 million in assets.
In a statement on LinkedIn, Eko’s Founder and CEO Mart Vos said the full integration of Eko’s “one-stop investments shop” was completed in three weeks, and that the credit union’s members will now benefit from a seamless, integrated investing experience that sits within their current digital banking portal and/or app, flexible portfolio options including pre-built and hybrid investment pathways, and low barriers to entry with a streamlined onboarding process
‘Extra Special’
“This launch feels extra special to me personally: Brooklyn Coop is literally the credit union next door here in New York,” said Vos in a statement. “Really proud to support Brooklyn Coop in making investing simple, affordable, and accessible for all members.”
