On Wednesday, December 10, Cooperative Federal was one of just six community development financial institutions (CDFI) from across the nation to be honored with a 2008 Wachovia NEXT Award. The awards, announced at the 2008 Opportunity Finance Network (OFN) Conference in Albuquerque, New Mexico, are among the most prestigious awards for responsible lending in the U.S.

Cooperative Federal was twice recognized in the past month for our outstanding community development programs.

On Wednesday, October 15, 2008, a coalition of Central New York Credit Unions landscaped a home in Syracuse’s Near West Side neighborhood to commemorate International Credit Union Week. The beautified home, located at 166 Grace Street in Syracuse, has been renovated by Home HeadQuarters, Inc. and will soon be sold to a low-to-moderate income, first-time homebuyer.

Syracuse's community development credit union has celebrated a major milestone:

the Grand Opening of our third,
community-based office in Syracuse.

Our third full-service branch is located on the Northside, minutes from downtown!

800 N Salina St
at the corner of Salina and Catawba

Open Monday - Friday, 12:00 - 6:00 PM

Call 473-0280 for Member Service.

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.

Should you file a 1040A, or a 1040EZ? What's the deal with e-filing? What deductions are you entitled to--and who, oh who, can help make sense of IRS legal jargon?

Lucky for us all, the answers are out there...for free! Community organizations across the country are offering free tax preparation assistance through the Volunteer Income Tax Assistance (VITA) Program. With experts on hand to guide you, you can be sure to get (or keep!) the money you are entitled to.

Here are some Syracuse-area community centers offering these services:

Franciscan Outreach Center
800 North Salina Street
Syracuse, NY 13210

Extra day! Tuesday 4/15, 4 pm-7 pm
Walk-ins welcome

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!

2007 was an exciting year for Cooperative Federal. We provided high-quality services to more members across Syracuse, expanded our community development programs ... we even changed our name! Check out our 2007 Annual Report to learn all about the changes, challenges, and triumphs your credit union experienced last year.

Download (2.3mb .pdf) the 2007 Annual Report

The Credit Union gave $3,914 to local non-profits in 2007 through our Common Cents program. Each time you use your VISA check card, the Common Cents fund grows!
The 2008 voting period has begun! Ballots are available at any office, or online as a pdf. Ballots must be returned by May 31, 2008.

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.