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Latest News & Events

Welcome to the Concord FCU newsroom.

Please check back often for the latest news, events, promotions, and more!

Racquel Oden's role spans two of HSBC's most strategically important businesses: she serves as U.S. head of international wealth and premier banking and U.S. head of global private banking. Since joining HSBC in 2023, Oden has been instrumental in driving the bank's strategy to expand its wealth business in the U.S., which is a key growth market within the bank's global portfolio. Achieving these goals at a tumultuous time for markets and geopolitics brings its own set of challenges, as HSBC's wealth and private banking serves 20 million clients worldwide. "With a client base that is globally minded, my biggest challenge today is ensuring that we are providing the same world-class advice that our clients have come to expect in a world that is constantly changing and evolving," Oden said. "The news headlines have moved so rapidly this year, it's our responsibility as wealth advisors to anticipate what's around the corner and deliver tailored advice in a personal way — all at once."

Financial Empowerment Breaks Barriers 

For more than 75 years, Concord Federal Credit Union has worked to break financial barriers—combating redlining and expanding access to fair lending for communities of color and underserved neighborhoods.

Today, we invite members of our faith and community networks to help continue this mission by serving on our Credit Committee.

Credit Committee members help:
1-Review loan applications from fellow members
2-Support responsible and equitable lending practices
3-Uphold lending policies and regulatory standards
4-Expand financial opportunity across our community

Who Should Apply

We encourage applications from:
• Members of churches and faith-based organizations
• Young professionals looking to build leadership experience
• Community advocates and volunteers
• Individuals passionate about economic justice and financial empowerment

No financial expertise required—just a commitment to fairness, integrity, and community service.

Ready to Serve?

Email hello@concordfcu.org to request an application and submit with a one-page resume.

Applicants must be members of Concord Federal Credit Union in good standing.

Help continue Concord’s legacy of expanding access to fair lending and opportunity.

Application deadline: March 31, 2026.

Financial Empowerment Breaks Barriers

Anu Aiyengar can measure the change in her role over the last year by the miles she has traveled. As global head of advisory and M&A for J.P. Morgan, Aiyengar circled the planet in May. Her journey, which included a mix of internal and external meetings and conferences, began in southern California and touched down in London, Hong Kong, Shanghai, Sydney and Melbourne. At every stop, she met with employees in town halls, small groups and one-on-ones. Aiyengar has been global head of M&A at J.P. Morgan since 2023, and she still spends time advising clients on deals. But her role expanded in 2024 as part of an internal merger of the bank's investment, corporate and commercial banks. She is one of four investment banking executives on the combined bank's executive and operating committee, which also has representatives from the other business lines.

When TIAA launched an IRA product broadening access to its proprietary annuity products on March 10, the stock market recorded one of its most volatile days in years. Investors were fretting over the impact of tariffs and the possibility of a recession. The day's roller coaster ride reinforced what TIAA president and CEO Thasunda Brown Duckett already believed about the value of lifetime income annuities. "Guaranteed income isn't a luxury, it's a necessity," Duckett said, arguing that people want security they can count on regardless of market swings. "That's why we're committed to expanding access to guaranteed lifetime income solutions, in both the institutional and retail markets."

It is with great honor that I address the membership as the newly elected Board Chair of Concord Federal Credit Union. It is an extraordinary privilege, and I am deeply humbled by the trust you have placed in me to serve our members, this historic institution, and the broader community. I also extend my sincere gratitude to former Chair Deborah Boatright for her unwavering support, friendship, and exceptional leadership.

This year marks a significant milestone of resilience and legacy, as the credit union celebrates its 75th anniversary! Anniversaries such as this invite us not only to celebrate, but also to reflect on the purpose that gave rise to faith-based credit unions and to honor those whose vision, courage, and sacrifice made our progress possible.

Seventy-five years of success did not happen by chance. It was built by members who showed up, understood the challenges, and did the work — even during the periods of economic exclusion and discriminatory lending practices by mainstream banks. Their determination ensured access to fair financial services, promoted self-sufficiency, and enabled homeownership in neighborhoods that had long been unfairly redlined. Because of their commitment, this institution continues to proudly serve the Bedford-Stuyvesant community today.

If we are to remain financially strong and positioned to achieve the goals of the next decade and beyond, we must continue to grow and strengthen our membership with individuals who understand that stewardship requires action. Growth is not simply about numbers — it is about engagement, leadership, and shared responsibility. The duty to sustain and advance this legacy now rests with us. The question before each of us is: What will be your contribution to helping move this credit union into its next chapter of success?

Looking ahead, I am filled with optimism and deeply committed to advancing our mission as we take a strategic and thoughtful view of our future. Together, we will build upon our rich legacy while continuing to serve as a beacon of opportunity and empowerment for our members and the community.

Our primary focus in 2026 will be strengthening and expanding our membership, deepening strategic partnerships, exploring innovative business models that support growth and long-term stability, and increasing our engagement and measurable impact within the communities we serve.

Finally, I extend my sincere thanks to our dedicated staff and outgoing Directors for their leadership and commitment. I also warmly welcome our incoming Directors and look forward to the collaborative work ahead as we pursue our shared goals.

Thank you again for this remarkable opportunity to serve. I am energized by the journey ahead and confident in what we will accomplish — together.


Sincerely,
Adrienne Braswell, Chair
Concord Federal Credit Union Board of Directors

  • Allocate 50% of take home pay to essential expenses (Rent, food, utilities, health insurance)

  • Save/automate 15% of pre-tax income for retirement (401K, IRA)

  • Stash 5% of take home pay for unplanned expenses (Emergency fund)

Final Thoughts...

Research shows that by sticking with the 50/15/5 Rule lays the foundation for managing your money and by doing so there's a good chance of maintaining financial stability now and potentially for the long term to retirement.

Concord Federal Credit Union is pleased to announce the launch of the Vacation Savings Club account-- the newest addition to the credit union’s product offering.

Click here for more information.

  • Sign up for direct deposit

  • Maintain the minimum balance

  • Automate regular deposits (weekly, monthly, quarterly)

  • Keep track of transactions & account balances

  • Set up overdraft alerts

  • Sign up for account notifications (email, text)

The holidays are right around the corner. Is your 2025 budget ready for holiday gifting? If not, then now is the time to plan for 2026 by opening a Holiday club account and start saving! It’s quick and easy. Accounts can be opened with a $10 minimum deposit. Contribute regularly (bi-weekly, monthly, quarterly) through automatic deposits and enjoy the holidays without incurring debt. Dividends earned at the current rate and paid quarterly in November. For more information, call us at 718-622-0623.

Open a Holiday club account today!

Concord FCU screenshot of member login page

Concord Federal Credit Union’s Online Banking has a fresh new look!

The features remain the same, but the redesign has made the site more colorful and easy to use.

Current Online Banking users, log in using the same credentials you have already created. For new users, please register first.

  • Consulting, Freelance work

  • Tutoring

  • Babysitting

  • Pet sitting, dog walking

  • Grocery delivery services

  • Driving services (Uber, Lyft)

  • Online testing, surveys

When you visit us or mail in a transaction, just let us know that you'd like your receipt emailed to you. We encourage you to receive your receipt by email. It's fast, secure and cuts down on costs.

  • Identify your most important financial goal

  • Set a goal to keep finances in order

  • Learn how to budget & stick to it

  • Pay off high interest debt

  • Open a High Yield savings account

  • Automate bill payments

The following fees may be assessed against your Concord Federal Credit Union account and the following transaction limitations, if any, apply to your account.

Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. 

CONTACT US

833 Marcy Ave, Brooklyn, NY, 11216
718-622-0623
Hello@ConcordFCU.org

HOURS 

Tuesdays, Wednesdays, and Thursdays
11:00 am to 2:00 pm or call for an appointment

CFCU Routing Number #226074302

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