Cooperative Federal strives to meet all of the borrowing needs of members, their small businesses, and community organizations. We welcome first-time borrowers and those who are self-employed.
Apply Now
If you're already a member, you can apply for a personal or auto loan online through Web Teller!
Otherwise, you can download the following loan applications, fill them in, and send them back to us. Applications can be dropped at any office, faxed to (315) 476-0567, emailed to info@coopfed.org, OR mailed to 723 Westcott St, Syracuse, NY 13210.
If you have any questions about filling out your application, please call our Loan Department at (315) 473-0242 and we'll be glad to help!
(Looking for a mortgage or business loan? Check out the info below!)
Loans We Offer
Personal Loans
Loans for personal purposes, such as for appliances, travel, textbooks, car repair, etc. Personal loans can also include:
- Credit Builder Loans and BillPayer loans to catch up on bills or get rid of old debt.
- Appliance Purchase Loans
- Energy Conservation Loans
- Bicycle Loans
Contact our personal lending line at (315)473-0242 for rates and information.
Auto Loans
Loans for new or used vehicles, at competitive rates. Call (315) 473-0242 for more information.
Cooperative Federal members are also eligible for Auto Insurance through the truSTAGE program. Click here to learn more.
Credit Cards
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? The application (fillable pdf) is available online here - you can fill this out and send it back by email to info@coopfed.org, by fax to (315) 476-0567, or by mail to 723 Westcott St, Syracuse, NY 13210.
If you have any questions, give us a call at 315-473-0242 today for more information.
*APR is Annual Percentage Rate as of July 21, 2010. The APR is a variable rate that is based on the U.S. Prime Rate each month as published in the Wall Street Journal
“Money Rates Table” on the first calendar day of each month, with a margin of 3.95%-15.95% added onto the Prime Rate depending on the member’s credit score.
Student Loans
The Cooperative Federal* Smart Option Student Loan by Sallie Mae®
For borrowers attending degree-granting institutions.
Click here for more information.
Mortgages
We make mortgages for purchase, refinance, and construction including investment properties.
You get the security of a stable interest rate that won't change for the life of your loan. It's perfect if you plan to live in your home for many years.
You get a typically lower monthly payment thanks to a fixed rate for the first five years, then an adjustable rate each year after that. It's ideal for homebuyers who plan to refinance, for example, if you are working to qualify for a fixed rate mortgage in a few years, or will move in a few years.
Call (315) 473-0231 to speak with a mortgage officer.
Home Equity Loans and Lines of Credit
We also make home loans for
- Home Improvement
- Appliances
- Energy Conservation
- Debt Consolidation
- Back Taxes Payoff
Please call 473-0244 to reach our home loan center. We will work with you to achieve your financial goals.
Home Insurance
Cooperative Federal members are eligible for Home Insurance through the truSTAGE program. Click here for more information.
Small Business Loans
To help small businesses, microenterprises, non-profits and cooperatives, we also offer loans for working capital, equipment, commercial real estate, start up, expansion, and more.
Please call us 473-0249 and press 2 for our small business and organization lending center.
Cooperative Federal also offers advice about credit, housing, and business.
The Credit Union Difference
Cooperative Federal's Lending Department does a lot — but also important is what we don't do!
No pre-payment penalties on any of our loans. You pay interest only for the time you use the money borrowed.
No commissions. Our loan officers do not make commission from your loan, so that they can advise you based on what is good for you, not what makes a commission.
This is another benefit of membership in a nonprofit credit union.
All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice. Call us at (315) 473-0242 for current rates, terms and conditions.
