Concord Federal Credit Union (CFCU) is a non-profit credit union established in 1951 to primarily assist the members of Concord Baptist Church in achieving their financial goals. CFCU is regulated by the NCUA and is a certified Community Development Financial Institution (CDFI), a Minority Depository Institution (MDI) and has the low-income designation. CFCU is expanding and now offers its services to many other groups in the central Brooklyn area.