The biggest question at the Credit Union always seems to be, "What does Alternatives mean and why should I bank here?" Many bank at Alternatives because of our community focus and social change philosophy, while others have chosen us simply for our services. Our social mission is integrated into our economic mission, so for whatever reason, joining Alternatives is making a choice towards a more economically just community.
Alternatives Federal Credit Union is no ordinary financial institution. We are a Community Development Credit Union (CDCU), member-owned, locally controlled and self-supporting. Our purpose is to meet the financial needs of the members of our community. We believe that by controlling the flow of funds within a small community, the community can build itself to suit its own needs and be more self-reliant.
We take pride in our services, policies and procedures because they contribute to a better society, a healthier community or a financially sound member. Some of our more innovative programs include: Individual Development Accounts (IDAs), Business CENTS (our small business development program), Student Credit Union, the Free Tax Preparation Program, lending for minority and women-owned businesses, affordable mortgages, and much more.
Your gift to Alternatives Impact helps our community!
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»
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