125 North Fulton St. Ithaca, NY 14850
Phone: (607) 273-4611
Toll Free: (877) 273-AFCU      Contact

The Alternatives Group

THE ALTERNATIVES GROUP
In order to fulfill our development mission, we've found that at times, a regulated insured financial institution is not the most appropriate vehicle. While we are known as Alternatives Federal Credit Union, some of our most exciting community development work is accomplished through one of the other affiliates in the Alternatives Group. Each of the five corporations in the Group shares a common mission. Each is chartered separately and has an independent Board.

Alternatives Federal Credit Union is a member owned, community development financial institution. Established in 1979, Alternatives is a non-profit 501(c)(1) cooperative (run by a member-elected volunteer board) offering a full range of traditional credit union services: deposits, transactions and loans. Deposits are federally insured by the National Credit Union Administration Share Insurance Fund. The Credit Union provides management services to the Alternatives Group.

Alternatives Impact, as a not-for-profit 501(c)(3) tax exempt corporation, accepts donations for the Alternatives Group. It is through generous donations that many of our mission-focused programs are able to operate: Business CENTS, Individual Development Accounts, Free Tax Preparation, and the Student Credit Unions. 

Alternatives Fund was the sponsor of Alternatives Federal Credit Union, established in 1970 as a trade association of community groups, cooperatives, worker-owned businesses and individuals. The Alternatives Fund provides a field of membership for the Credit Union.

Tompkins County Friends of Alternatives, Inc. is a not-for-profit organization founded in 2002 to provide opportunities to invest secondary capital in Alternatives Federal Credit Union. Supporters of Alternatives pool their funds in uninsured long-term investments.

Online Access

eStatements Prior to Dec. 2012 »

Loan Rates
Deposit Rates


Donate »

Your gift to Alternatives Impact helps our community!

Becki Hawley

I have had the pleasure of enjoying Alternatives from two perspectives but I couldn't have had one without the other.

When I knew I was moving from southwestern VA to Ithaca, NY, I knew I wanted to work at Alternatives. My partner at the time said it would be the perfect job for me. I read a little online about the mission. I didn't really understand all of it, but it sounded positive and ethical. I had worked in banking for a few years and as a community-minded individual, I thought this could be a good fit. more»


Alternatives
Financial
Education »

Discover how you can gain control of your finances...



Alternatives Federal Credit Union ("Alternatives") provides a hyperlink to Google Translate™ for convenience only and without any responsibility for the accuracy of translations. Alternatives has no control over this unrelated, free and entirely computerized translation program. Computerized translations are only an attempted approximation of the website’s original content and thus Alternatives makes no representations or warranties of any kind with respect to the accuracy, reliability or completeness of any translations. Persons using translated information do so at their own risk.