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Cooperative Federal

Cooperative Federal


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/14/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/14/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/14/2025
4.35%
Our Rating
4.1  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/14/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/14/2025
3.60%
Our Rating
4.2  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.cooperativefederal.org
315-473-0280
800 N Salina St Ste 200
SYRACUSE, NY 13208

Cooperative Federal is headquartered in Syracuse and is the 140th largest credit union in the state of New York. It is also the 2,604th largest credit union in the nation. It was established in 1982 and as of December of 2024, it had grown to 29 employees and 3,608 members at 3 locations. Cooperative Federal's money market rates are 2X the national average, but it has a C health rating.

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in the City of Syracuse. Also open to employees, members and volunteers of several select local organizations.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
C

Data as of Q4 2024

Learn why bank health matters
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Cooperative Federal has a low asset base.

Health Grade Components

Overall
NCUA #23865
Year Chartered1982
Employees29
Primary Regulator
Profit Margin
Return on Assets - YTD2.29%
Return on Equity - YTD39.04%
Annual Interest Income$2.2MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$41MM$40.3MM
LoansQ4 2024vs Q4 2023$33.7MM$30.1MM
DepositsQ4 2024vs Q4 2023$33MM$31.3MM
Equity CapitalQ4 2024vs Q4 2023$2.4MM$1.5MM
Loan Loss AllowanceQ4 2024vs Q4 2023$889K$865K
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$2.5MM$2.1MM
Real Estate OwnedQ4 2024vs Q4 2023$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/14/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/14/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/14/2025
4.35%
Our Rating
4.1  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/14/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/14/2025
3.60%
Our Rating
4.2  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Cooperative Federal Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$50-Share Savings
0.05%$50-Business Share Savings

Cooperative Federal Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$2.5k-Super Share Money Market
1.00%$2.5k-Business Super Share Money Market
0.75%$4.5k-Super Share Money Market Checking
0.75%$4.5k-Business Super Share Checking Account

Cooperative Federal CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.11%*$245k*-13 Month Special CD
OTHER TIERS: 4.05% → $4k - $50k | 4.10% → $50k - $245k
4.06%*$245k*-7 month Special CD
OTHER TIERS: 4.00% → $4k - $50k | 4.05% → $50k - $245k
2.31%*$245k*-48 Month CD
OTHER TIERS: 2.25% → $1k - $50k | 2.30% → $50k - $245k
2.31%*$245k*-60 Month CD
OTHER TIERS: 2.25% → $1k - $50k | 2.30% → $50k - $245k
2.06%*$245k*-24 Month CD
OTHER TIERS: 2.00% → $1k - $50k | 2.05% → $50k - $245k
2.06%*$245k*-30 Month CD
OTHER TIERS: 2.00% → $1k - $50k | 2.05% → $50k - $245k
2.06%*$245k*-36 Month CD
OTHER TIERS: 2.00% → $1k - $50k | 2.05% → $50k - $245k
1.51%*$245k*-3 Month CD
OTHER TIERS: 1.45% → $4k - $50k | 1.50% → $50k - $245k
1.51%*$245k*-18 Month CD
OTHER TIERS: 1.45% → $4k - $50k | 1.50% → $50k - $245k
1.46%*$245k*-12 Month CD
OTHER TIERS: 1.40% → $4k - $50k | 1.45% → $50k - $245k
1.41%*$245k*-6 Month CD
OTHER TIERS: 1.35% → $4k - $50k | 1.40% → $50k - $245k

Cooperative Federal IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.31%*$245k*-48 Month IRA
OTHER TIERS: 2.25% → $1k - $50k | 2.30% → $50k - $245k
2.31%*$245k*-60 Month IRA
OTHER TIERS: 2.25% → $1k - $50k | 2.30% → $50k - $245k
2.06%*$245k*-24 Month IRA
OTHER TIERS: 2.00% → $1k - $50k | 2.05% → $50k - $245k
2.06%*$245k*-36 Month IRA
OTHER TIERS: 2.00% → $1k - $50k | 2.05% → $50k - $245k
1.46%*$245k*-12 Month IRA
OTHER TIERS: 1.40% → $1k - $50k | 1.45% → $50k - $245k
1.00%*$1k*-IRA Shares
OTHER TIERS: 0.05% → $50 - $1k
Locations


Cooperative Federal Locations
Branch Office401 South Ave (in the Southwest Community Center)Syracuse, NY 13204
Branch Office516 Burt StSyracuse, NY 13202
Corporate Office1816 Erie Blvd ESyracuse, NY 13210

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