Cooperative Federal
Financial ServicesNew York, United States11-50 Employees
Cooperative Federal is a financial services organization based in Syracuse, New York, that operates as a community development credit union with a nonprofit, member-owned structure. Founded in 1982 by community organizers, it combines traditional credit union services with a mission to strengthen the local economy through democratic control by its members and a focus on socially responsible finance. Its offerings encompass loans, mortgages, accounts, and transaction services for individuals, small and micro businesses, cooperatives, and nonprofits, complemented by integrated financial education and counseling delivered by certified staff. The cooperative emphasizes locally invested savings that are loaned back to members and the community, rather than financing broader relocation of jobs, and it operates without owners outside its member base. A recent development noted is the expansion of its offices in Syracuse, highlighting its ongoing regional growth.