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Member Ownership

Syracuse Cooperative Federal Credit Union is owned and operated by its members. There are no other owners. Choose a financial institution where the ownership structure is designed to serve your needs, not the needs of a handful of big investors or corporate owners!

The combined savings of members remains in the community, in the form of loans to members, members' small businesses, and community organizations. Deposits are federally insured by the National Credit Union Administration and backed by the full faith and credit of the United States government.

Benefits of Membership

As a member you have access to all the financial services that the credit union offers, as well as to all financial education, training and advising. You will also receive our award winning newsletter, Commonwealth.

Members Run the Credit Union

Unlike merely being a customer at a bank, Cooperative Federal members have a voice and a vote in governing the credit union. Members elect the Board of Directors and Credit Committee. The credit union is an association of people, not of dollars, so each member has one vote, regardless of the amount of shares on deposit.

Members are encouraged to attend the Annual Meeting, serve on our committees, and run for elected positions. The Annual Meeting is held in March with the date and location announced in our newsletter.

The board sets direction and determines policy for the credit union. The Credit Committee oversees loan decisions and reviews loan policy. A Supervisory Committee, appointed by the board, conducts audits, provides oversight, and resolves disputes.

If you would like to read the bylaws, you can open the pdf below, or you can request a copy in any of our offices.
Syracuse Cooperative Federal Credit Union - Bylaws (pdf file)

Supervisory Committee

Supervisory Committee members for 2013 - 2014 are:
Liz Crockett, Chair
John Faley
Linda Green
Stephen Bittner
Karen Hall

Board of Directors

The Board of Directors is elected at the credit union annual meeting. All Board members are fellow credit union members.
The Board of Directors can be reached by emailing to Emails sent to this address are received by all members of the board.

2014-2015 Board of Directors

Frank Cetera, President
Ron Ehrenreich, Treasurer
Heather Engelman, Secretary
David Andrews
Ploy Chapman
Stasya Erickson
Nikki Hershberger
Louise Poindexter
Mike Woloszyn
Jesse Harasta
LaRhonda Ealey

2014-2015 Board Meeting Schedule
Board meetings are open to the membership and are held at 800 N Salina Street.
During items that involve private information (such as member information or personnel matters), members would be asked to leave the room.

  • Wed Apr 23, 2014 7:00pm – 9:00pm
  • Wed May 21, 2014 7:00pm – 9:00pm
  • Wed Jun 25, 2014 7:00pm – 9:00pm
  • Wed Jul 16, 2014 7:00pm – 9:00pm
  • Wed Aug 20, 2014 7:00pm – 9:00pm
  • Wed Sep 17, 2014 7:00pm – 9:00pm
  • Wed Oct 15, 2014 7:00pm – 9:00pm
  • Wed Nov 19, 2014 7:00pm – 9:00pm
  • Wed Dec 17, 2014 7:00pm – 9:00pm
  • Wed Jan 21, 2015 7:00pm – 9:00pm
  • Wed Feb 18, 2015 7:00pm – 9:00pm
  • Wed Mar 18, 2015 7:00pm – 9:00pm

The Credit Union Board of Directors election is at the Annual Meeting, held on a Sunday in March each year.
Please nominate a fellow credit union member to the Board by sending an email to

Any Cooperative Federal credit union member is eligible to be on the Board of Directors. Love the credit union? Have suggestions to make us stronger? Please consider joining the Board!

Send nominations and inquiries to

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