Latest News

Celebrate the Grand Re-Opening of our Southwest Office!

Cooperative Federal's office in the Southwest Community Center is now bigger and better. Please join us to thank the partners who made this expansion possible, and to celebrate our promising future together.

Grand Re-Opening Ceremony

Wednesday, November 28, 2012
4:00 pm at the Southwest Community Center
401 South Avenue, Syracuse, NY 13204

Refreshments Served.

Commonwealth Newsletter: Autumn 2012

The autumn newsletter is here! Get the latest news and commentary from your credit union.

Media Release: Cooperative Federal Celebrates 30th Anniversary

While the world discusses Occupy, Syracuse recognizes that a cooperative economy is possible.

See Also:
Event Program
Dinner Menu
Tickets and Sponsorship Opps

Audio/Visual Opportunity

What:
Cooperative Federal’s 30th Anniversary Gala, “CU at the Zoo”

Description:

  • Dinner, dancing, and silent auction to benefit the credit union’s Financial Education Programs.
  • Awards to community partners and leaders including Fowler High/Syracuse City School District, Dominic Robinson (Northside UP), Kerry Quaglia (Home HeadQuarters), Lenore Sealey (CNY Works), and more.
  • Special performance by the D.R.E.A.M. Freedom Revival.
  • Two congressional candidates will be in attendance: Dan Maffei (D) and Ursula Rozum (G).
  • This is a Sold Out event, with 175+ guests registered to attend.

Commonwealth Newsletter: Summer 2012

The summer newsletter is here! Get the latest news and commentary from your credit union....

Spring into Business with Free Workshops

Are you looking to start or grow your business? Nourish your ideas with expert advice at these free workshops.

Topics include:

  • Creating a Winning Marketing Strategy (2 part seminar)
  • Organizing Your Workspace
  • Credit Building for Entrepreneurs
  • Build a Business: From Ideas to Realities
  • Opportunities for Minority & Women-Owned Businesses

(PS: Interested in accounts, loans, or one-on-on advising? View our Business Services page.)

Workshop Details

Opportunities for Minority & Women-Owned Businesses
Wednesday, June 20th
6:00 pm to 8:00 pm
Assisi Center/Coop Fed Northside(800 North Salina Street)
Learn about special training, loan funds, government certifi cations, and other opportunities designed to counter legacies of discrimination against minority and/or woman-owned businesses. Instructor: Greg Knipe, Cooperative Federal Lending Manager & Business Advisor.

Check Out our 2011 Annual Report!

Cooperative Federal's 2011 Annual Report is here!

For a short-and-sweet look at our work over a longer period of time, also check out our Community Impact Summary 2006-2011.

Our credit union overcame challenges and made significant progress in 2011. While the global financial meltdown of 2009-2010 left us battered, we were not defeated. We continued to implement plans to restore profitability, and though we still had a loss for the year, we began to see positive earnings each month starting in September. Our financial performance improved by $173,065 over 2010, and by $297,901 over 2009.

Meanwhile, we maintained our commitment to providing fair, community-based access to accounts, loans, and financial education & counseling. Get the details -- and hear from some of the people whose lives have been changed by the credit union -- in our 2011 Annual Report.

The Annual Report features striking cover art from Jason Evans and [re]think Syracuse.

Common Cents

Vote for 2012 Common Cents awards!

Ballots are available at any office and online (pdf), or, you can email your ballot to info@coopfed.org or fax to 315-476-0567.

Please remember - if you vote for the same organization 3 times (1st, 2nd, and 3rd) - only your 1st vote will count.

Voting ends June 1st!

About Common Cents

30 Years Ago...

In September 1981, neighborhood activists held the first meeting of an organizing committee to form a new Credit Union that would serve our community’s financial needs. The meeting was held at a home on Westcott Street, and members explored the need for a homegrown financial institution to meet needs of residents and organizations that were not being met by conventional, for-profit banks.

Cooperative Federal Launches Step Up Loan Fund

Gifford Foundation provides Loan Capital to establish the “Nano Loan” Program

Cooperative Federal is kicking off a new microfinance initiative this week. Through the Step Up Loan Fund, with capital provided by the Gifford Foundation, our credit union will make “nano loans” to foster job readiness and entrepreneurship among low-income and under-employed Syracuse residents.

The Step Up Loan Fund provides low-cost, short-term loans of $2,500 or less in order to help self-employed persons, emerging entrepreneurs, and under-resourced job seekers “step up” their income potential.

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