Cooperative Federal has openings for the right people. Engage in a daring struggle against the forces of neglect. Learn community development finance working in the most funky, diverse, and vibrant neighborhoods in Syracuse. Join a dedicated team of community activists posing as bankers. Together we will assist members with low levels of economic resources to build financial strength.

Job Opening: Member Service Representative/Teller

Cooperative Federal is now offering credit cards. You can get a competitive rate - as low as 7.20% variable APR* on your existing credit by transferring your balance to us—with the added value of knowing that you’re banking on financial justice and a socially responsible business model. There is no balance transfer fee. Interested?

Effective July 15th, our weekday phone hours will be from 10 am – 5 pm. Our branch hours will stay the same.
We are making this change so that our Member Service staff can focus on in-person service during that hour, one of our busiest lobby times.

We’ll also be improving our Phone Teller – which is a 24/7 automated service that you can use for balances, transfers, and account history – to make it more easy to use, so you can take care of your credit union business at any time of day. You can call Phone Teller at 671-CASH (2274).

Individual Development Accounts (IDAs) are special matched savings accounts that assist people to save and build assets. Syracuse Cooperative Federal Credit Union has IDA programs for 4 savings goals:

• First-Time Homebuyers
• Starting or Growing your Small Business
• Education/Certification
• Vehicle Purchase

First-Time Homebuyer IDA

In the past we have cleared checks when a member does not have quite enough money in their account – only if this would bring the account negative by $50.00 or less.

As of July 15, 2010 we will end this practice, and we will only clear checks if enough money is in the account.

We do still offer Courtesy Call & Account Alerts services to save you from the fees and embarrassment of bouncing a check:

Cooperative Federal, Syracuse’s Community Development Credit Union, will once again be teaching a 3-session financial education class in partnership with P.E.A.C.E. Inc on Tuesday evenings, July 13, 20, and 27. Classes will run from 5:30-7:30 pm at Carousel Mall, next to Bonton. Registration is limited; call 424-0579 for a spot in the workshop.

Cooperative Federal won the 2010 Dora Maxwell Social Responsibility Award. We were nominated by the CNY Chapter of Credit Unions, in recognition of our services that help individuals left behind by big banks.

We were given the award based on the success of three main programs:

· PRIDE Loans

Spring has arrived in Syracuse, and after a long winter in hibernation, flowers are finally sprouting around our city. Our Westcott office has a particularly nice garden space and we’re asking for volunteers to help us maintain it. You don’t have to have a green thumb to get involved; we’re looking for people who can contribute plants, gardening tools, or simply their time. If you’re interested, please contact Frank Forward at 315-575-9482.

As part of our mission to support community businesses and build a fair local economy, Cooperative Federal offers a series of Business Seminars each season.

Take a look at our Education Calendar to see what we have coming up for Spring/Summer 2010! You can also download our Seasonal Brochure.

Think you've seen it all? We add new topics all the time. This May we're introducing "Creating a Winning Marketing Concept" -- a 3-session, hands-on marketing practicum.

All seminars, except Grant Writing for Non-Profits, are free -- but seating is limited. Sign up today by contacting Keierra Jackson at 315-476-1451 or keierrajackson@coopfed.org.

Due to an error in the bill processing, the February Line of Credit Bill that you received in the beginning of March shows the wrong amount due.
The bills were generated before the February “billing program” was run – so if you used your Line of Credit in February, those amounts weren’t counted in the calculation of amount due. Your billing invoice might show a lower amount due than expected, as a result.