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MEMBER PROFILE
The Alternatives Group
Lee Ginenthal Owner, Der Rosenmeister Nursery
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THE ALTERNATIVES GROUP Alternatives Federal Credit Union is a member owned, community development financial institution. Established twenty-four years ago, Alternatives is a non-profit 501 (c) (17) 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 Community Ventures , 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, GO Fund, and Student Credit Union Program. 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. |