Community Development

Community Development Vision

Syracuse Cooperative Federal Credit Union works to foster community revitalization and economic justice in Syracuse neighborhoods by building members’ financial strength, fostering homeownership & local economic growth, and by building household and community assets.

Building Grassroots Organizations

Our Community Development program, started in 1982, provides accounts and loans combined with advice, business plan review, and other technical assistance to organizations involved in revitalizing our neighborhoods.

The Cooperative Federal Difference

Unlike mainstream financial institutions, Cooperative Federal designs special products and services to meet the specific financial needs and goals of low- to moderate-income households and neighborhoods.

Our Strategy for Member Success

Cooperative Federal uses the tools of finance combined with education, individual counseling, coaching, credit remediation and links to other resources in order to help members develop skills and plans to successfully overcome hardship.

Our strategy to build the financial strength of low- and moderate-income residents includes building members' savings and financial literacy, preparing people for homeownership, and developing small businesses.

All Cooperative Federal counseling and education services are available in both Spanish and English.

Cooperative Federal accounts are federally insured by NCUA Cooperative Federal is an Equal Housing Lender
Cooperative Federal is an equal housing lender
Cooperative Federal accounts are federally insured by NCUA