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It's tax season again! Here are tips for getting free tax prep help, and making the most of your return this year.
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.
Our first-ever Member Forum was held on January 24th, 2010 at the Westcott Community Center. After experiencing our first ever year-end loss, we wanted to give members the opportunity to ask questions and voice their concerns. Cooperative Federal staff and Board members were in attendance to listen and explain the reasons behind the tough decisions made in 2009. Because members preferred the question and answer format, weve decided to hold another Member Forum in Fall 2010.
Cooperative Federal's 2009 Annual Report is here!
2009 was an extraordinary year. We faced economic challenges, but we also expanded our programs and services and achieved some record-breaking community impacts. Get the details -- and hear from some of the people whose lives have been changed by the credit union -- in our 2009 Annual Report.
A Special Message from the Board and Management
2009 was a difficult year for many people, businesses and nonprofits, including your credit union. We were not able to escape the effects of the recession and global economic meltdown. While the credit union remains strong and well capitalized, we have had to make some very difficult changes. In this article, we will discuss the challenges we have faced this year, and our plans to move ahead.
"The Perfect Storm"
Filing your taxes can be a very confusing process. The IRS doesnt make it very easy! That means that many of us end up looking for help. However, not everyone knows that the help offered by some private companies isnt as nice as it seems.
You can get your taxes prepared for you for FREE at many VITA sites around Syracuse.
There is a site right outside our office at 800 North Salina Street that will be offering this free service on the following Saturdays: February 6th, 13th, 20th, 27th; March 6th, 20th, 27th, and April 10th. These Saturday sessions go from 9am-1pm. No appointment is required.
There are also free tax prep sites at many libraries and PEACE, Inc. Family Resource Centers. You can contact PEACE Inc. at 634-3756 to set up an appointment at a PEACE center near you.
Thats right. Cooperative Federal has joined the social networking community with a Facebook Page, and we want you to become a fan. You can use the page to stay updated on Credit Union and community happenings, find out about workshops and RSVP to them, leave comments and suggestions and connect with other Credit Union members. We cant wait to see you there.
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.