Getting together just once a year isn’t enough.

At the Annual Meeting, members asked many thoughtful questions – so many that we ran over on time! We’d like to give you the chance to ask questions more than once a year, and to find out more about projects and plans for our credit union’s future.

But what’s the best way to do that?
We are proposing Membership Meetings, once every quarter: hour-long gatherings of board, staff, and members to have Q&A sessions and share information on new initiatives or plans.

At the end of February, President Bush signed the Economic Stimulus Act of 2008 – a piece of legislation he described as a “booster shot” for the American economy. This legislation promises payment of at least $300 to all qualifying Americans. Here are some frequently ask questions about the Economic Stimulus Payment, including how to get it ... and how to use it!

Credit Unions are owned by members. Our job is to serve you - not to make a big profit for some outside stockholders!

The Credit Unions For You website contains resources for you, our members/owners. Especially useful are the financial calculators to plan for debt payoff, auto loans, building savings, mortgages, and more.

Repairs, organizing, odd jobs, and errands
(little to no cleaning)

Experience required

3 hours per week, weekday morning or afternoon, at the Eastside Office.

Send references and rates to info@coopfed.org, or by mail ATTN: Human Resources

Cooperative Federal is a unique combination of a traditional credit union and a non-profit community development organization. Becoming a member of Cooperative Federal is making a choice to build our local community and to advance social justice.

Financial Statements are available online here.

Cooperative Federal Builds Community

Shaped by the concerns of an active and engaged membership, Cooperative Federal has evolved in ways that are far different from a conventional bank.

You've been meaning to, but you just didn't know how to ask...

We'll make it easy for you. Now you can switch to Cooperative Federal.

With our convenient Switch Kit, it's simple to move your accounts. The kit has the forms you need to change your direct deposit, automatic withdrawals, and close your other accounts.

Open the Switch Kit (PDF)

Questions? Call us! We're glad to help. (315) 471-1116 ext. 699 for Member Service.

Central New York Credit Unions, Home HeadQuarters Landscape City Home

Syracuse, NY – On Thursday, October 18, 2007, a coalition of Central New York Credit Unions, including Cooperative Federal, landscaped a home in Syracuse’s Eastside neighborhood to commemorate International Credit Union Day. The building is home to an extended family of refugees saving up to purchase the house, which is currently managed by Home HeadQuarters, Inc.

The Landscaping Party was held on Thursday, October 18th.

Syracuse, NY --- This October, Cooperative Federal reaches a milestone as it celebrates its 25th year working for social and economic justice in Syracuse. The celebration culminated with an Anniversary celebration held at May Memorial on Friday evening, October 5, 2007. Nearly 200 members, community leaders, and local politicians participated in the event which featured dinner, dancing, and impromptu testimonials from people whose lives have been touched by the credit union.

“"Our credit union'’s success has demonstrated that ordinary people can come together to create a financial institution that meets the needs of their families and neighbors,”" said Ron Ehrenreich, co-founder and Treasurer/CEO of Cooperative Federal. "This Silver Anniversary Celebration is more than a time to look backward: it’'s a time to envision our future and our ongoing commitment to serve all the Syracuse neighborhoods that have been abandoned by for-profit, corporate banks."”

Did you come to our 25th Anniversary Bash and leave your awesome new Cooperative Federal mug behind? If so, don't worry! We can set one aside for you. Please call Christina at 471-1116 ext. 250.

Effective November 15, 2007, all Saturday transactions will be posted on “next day's business.” That means when you come in to the office on Saturday, your transactions register on your account as done on Monday. (Or, if Monday is a holiday, they post on Tuesday.)
Please note that this includes loan payments. If your loan due date falls on a Saturday, please make sure that we receive your payment by Friday.