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

Socially Responsible Business | Investment Policy | Funders

The individuals, foundations, corporations and government agencies that provide grants and program-related investments (low-interest deposits and loans) to Alternatives Federal Credit Union and the Alternatives Venture Fund help us expand our efforts to promote community economic development.

On behalf of our members, staff, volunteers and community, we are truly grateful to our new and continuing funders for their support of our community development mission in 2009. Thank you to each of the following:

Government: CDFI Fund of the US Treasury Department, Empire State Development Corporation, Ithaca Urban Renewal Agency, National Credit Union Administration, New York State Office of Temporary and Disability Assistance, New York State Vocational and Educational Services for Individuals with Disabilities (VESID), Tompkins County Department of Social Services, Tompkins County Planning Department, Tompkins County Legislature, Tompkins County Workforce Development, Town of Dryden, US Department of Health and Human Services, US Small Business Administration, US Department of Housing and Urban Development (HUD).

Private: Bank of America, Citizens Bank, Community Development Trust, Community Foundation of Tompkins County—Women’s Fund and Strebel Fund for Community Enrichment, Federal Home Loan Bank of New York, HSBC Bank USA N.A.-Community Development Department, Opportunity Finance Network, National Federation of Community Development Credit Unions (NFCDCU), New York Credit Union Foundation, Park Foundation, Peworchik & Associates, Strebel & Strebel CPA, Sunshine Lady Foundation, Tompkins County Friends of Alternatives, Tompkins Trust Company, UAW Local 2300, United Way of Tompkins County.

Non-Member Deposits: Non-member depositors make large deposits, often at below market interest rates, to support our lending and other initiatives.

ACCORD, Albina Community Bank, Bank of America, Ben & Jerry’s Foundation, Calvert Social Investment Foundation, Calvert Social Investment Fund, Catholic Charities of Tompkins and Tioga Counties, Charter One Community Development Corporation, Empire State Development, First Unitarian Society of Ithaca, HSBC Bank, International Bank of Chicago, Ithaca Housing Authority/Three Pillar Foundation,  Neighborhood National Bank, New Alternatives Fund, NFCDCU, O.P. & W.E. Edwards Foundation, Parnassus Fund, Premier Bank, PSCU Financial Services, Self-Help Credit Union, Sisters of Charity BVM, Sisters of the Holy Cross, Syracuse Cooperative FCU, Tompkins County Department of Social Services, Unitarian Universalist Association, United Nations FCU.


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Diane Hecht

While living in New Jersey in 1995, I decided to move to Ithaca to care for my elderly mother and to purchase a home here. My daughter set up appointments for me at Alternatives to discuss obtaining a mortgage and I remember her telling me not to dress up "NJ Style" as the small credit union on State Street in Ithaca was not like any bank I'd ever seen. She was so right! In the lobby dogs were barking and waiting for their snacks from the very casually dressed tellers, while babies were playing in areas provided by the Credit Union - that was the beginning of my love affair with Alternatives.

Over the past 13 years since offering me that first mortgage, as both Alternatives and I have grown and prospered, they have provided Home Equity loans to help me care for my mother, create my own small business, and this past spring to re-mortgage and pay off debts. The wonderful people in the Alternatives mortgage department offer amazing expertise in a very caring manner. Many thanks to all of you at Alternatives who offer your services for our community!


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