Cooperative Federal is pleased to announce the purchase of 1217 North Salina Street, four blocks north of our original Northside neighborhood office. We will be renovating this beautiful, historical building in multiple phases to offer a more spacious lobby, private offices for lending and counseling, a meeting room, drive-up ATM and off-street parking. We closed on this purchase in May 2024 and are now moving through the permitting process in cooperation with the City of Syracuse.
This building will replace our 800 North Salina Street office, which is now permanently closed. Our last day in operation was Wednesday, September 25, 2024. While we have been working to relocate our Northside branch since 2023, we needed to close 800 North Salina sooner than planned because the building was sold to a new owner and our lease was not extended. We are adjusting our plans to open at the new building as soon as possible. Follow us on Facebook or check this page for updates!
The opening date is to be determined. We'll post updates on this page and on Facebook as soon we have news to share!
Our new Northside office will be located at 1217 North Salina Street, Syracuse, NY 13208 [view on Google Maps]. The property is 0.4 miles north of our original North Salina branch, near the corner of Court Street and directly across from Grosso Park.
The ATM at 800 North Salina Street has been removed. A new drive-up ATM will be installed at 1217 North Salina, date TBD. Until then, we welcome members to use the ATMs at our other branch locations. Cooperative Federal is also a member of the MoneyTower Network, bringing our members surcharge-free access to over 100 ATMs in NY.
If getting to one of our other locations is difficult or inconvenient, we urge you to check out CoopFed's self-service options! You can use Online and Mobile Banking to check balances, deposit checks, make transfers, pay bills, order checks, and more. We're very sorry for any inconvenience caused by the temporary closure - and we're here to help if you have questions or need help. See also: Online and Mobile FAQ
Cooperative Federal's lease at 800 North Salina Street has come to an end due to the sale of the building to a new owner. The buyer did not want to extend our rental agreement based on their plans for the property.
The credit union began renting 800 North Salina in 2008, when it was owned by the Franciscan Collaborative Ministries / Assumption Church. Together with our neighbors at the Northside Collaboratory (later known as Northside Urban Partnership), we were part of a neighborhood-based alliance for grassroots economic development. In time, however, the cost of maintaining several large, aging buildings became unsustainable and the Church decided to sell some of their properties. 800 North Salina was sold to private investors in 2017 and again in 2021.
In 2023, we began searching in earnest for a new building that would provide more space, stability, and security for credit union operations. This led us to 1217 North Salina Street, a historical building originally constructed as a home for the family that owned the nearby Zett’s Brewery. We closed on the purchase in May 2024, and immediately began working to secure the necessary permits and approvals.
Unfortunately, 800 North Salina went back on the market in spring 2024 and quickly sold to another investor. While we anticipated this eventuality, the sale occurred more quickly than expected and without an extension on our rental agreement. We responded by adding another phase to the renovation plans for 1217 North Salina Street: constructing a temporary member services branch while renovation of the permanent branch is ongoing. City approval of these plans is pending, and we are doing everything in our power to open at 1217 North Salina as soon as possible.
While we have many fond memories of our years at 800 North Salina, we're excited to renew and restore a historical Northside property -- and we're committed to our ongoing presence in the North Salina business district.
When the initial two phases of construction are complete, the office will have off-street parking, a drive-up ATM, an expanded lobby, more private office space for new accounts, lending, housing & financial counseling, and a small meeting room.
In a future phase, we also plan to add a drive-through service lane, and we have room to grow on the upper levels of the building.
You are welcome to contact Christina Sauve, CEO; Meagan Weatherby, Development & Communications Manager; or the Board of Directors.