Alternatives Federal Credit Union is a community-centric financial cooperative based in Ithaca, New York, serving individuals and small businesses with a mission to build wealth and foster economic justice. Established in 1979, this member-owned institution focuses on providing responsible and accessible financial services to underserved communities. Alternatives specializes in personal and business banking products including savings and checking accounts, consumer and commercial loans, and mortgages. Unique among credit unions, Alternatives also offers specialized support for cooperative businesses and microentrepreneurs through financial literacy programs, tax assistance, and entrepreneurship training.

Dedicated to equity and local economic development, the credit union has received national recognition for its community engagement and inclusive practices. Its Student Credit Union program educates youth in financial responsibility, and its Financial Empowerment Center delivers free, one-on-one financial counseling. Alternatives maintains a strong commitment to social responsibility, transparency, and environmental sustainability. As a certified Community Development Financial Institution (CDFI), it reinvests in its local community through lending and education initiatives that empower economically marginalized individuals.

Website: http://www.alternatives.org/

Key Services:

– Personal and business checking and savings accounts
– Consumer and auto loans
– Mortgage and home equity financing
– Small business and microenterprise loans
– Financial education and counseling services
– Income tax preparation assistance
– Youth and student credit union programs
– Cooperative and socially responsible investing options