Membership Meetings - Let's Get Together!

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.

Your Economic Stimulus Payment: Q and A

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!

People Over Profit - Credit Unions For You!

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.

Help Wanted

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

About Cooperative Federal

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.

Switch Kits

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.

"People Helping People" to Celebrate International Credit Union Day

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.

Cooperative Federal Celebrates 25th Anniversary - Press Release 10.12.2007

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."”

Your Coffee Will Thank You

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.

Change - Saturday on Next Day's Business effective 11/15/07

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.

Cooperative Federal is a non-profit financial services cooperative operated for the mutual benefit of its members. Cooperative Federal provides financial services to individuals, organizations, and small businesses in the local community. Members receive old-fashioned personal service.

Through common control of its resources and socially responsible use of its assets, Cooperative Federal creates economic power for this community. Cooperative Federal supports neighborhood planning, economic democracy, and cooperatives to provide for people's needs.


Cooperative Federal es una cooperativa de servicios financieros sin fines de lucro que opera para el beneficio mutuo de sus socios. Cooperative Federal proporciona servicios financieros a personas individuales, a organizaciones, y a las pequeñas empresas en la comunidad local. Los socios reciben una gama de servicios personales especializados.

Con el control común de sus recursos y uso social responsable de sus activos, Cooperative Federal crea el poder económico para esta comunidad. Cooperative Federal apoya al planeamiento de la vecindad, la democracia económica, y coopera para proveer las necesidades de la gente.

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