Syracuse Cooperative Federal Credit Union is a member-owned financial institution dedicated to serving the diverse communities of Syracuse, New York. Established in 1982, the credit union provides affordable, accessible financial services with a focus on inclusion, economic justice, and local development. Unlike traditional banks, Cooperative Federal reinvests members’ deposits into the local economy by offering fair lending products to low-income residents, small businesses, and community organizations.

As a community development credit union, its mission-driven approach includes building financial literacy, supporting first-time homebuyers, and financing cooperative ventures. It is certified as a Community Development Financial Institution (CDFI), underscoring its commitment to underserved populations. The credit union also frequently partners with local nonprofits and advocacy groups to deliver financial wellness workshops and targeted lending programs tailored to immigrants, refugees, and entrepreneurs of color. With bilingual services and a cooperative governance structure, this credit union ensures members have both a voice and a stake in their financial futures.

Website: https://www.cooperativefederal.org/

Key Services:

– Personal and business checking & savings accounts
– Consumer and auto loans with competitive rates
– Affordable mortgage options and homebuyer assistance
– Small business and microenterprise lending
– Financial literacy education and counseling
– Credit building and repair services
– Bilingual member services and immigrant-focused financial programs
– Community outreach and nonprofit partnerships