Business Details
44 Years
experience
Your Community-Owned Credit Union in Rochester, NY
Since 1982, Genesee Co-op Co-op has provided quality banking services to individuals and businesses underserved by traditional financial institutions. Our Rochester-based credit union prioritizes personalized service, community impact, and financial education while operating as a member-owned cooperative. We specialize in tailored lending solutions, including personal loans, business financing, and home equity products, with a focus on supporting local economic justice. Our team takes time to understand members' unique circumstances, offering flexible financial tools and competitive rates. As a non-profit institution, we reinvest profits to benefit members rather than distant shareholders.Our commitment to inclusivity ensures no barriers exist for those seeking financial services regardless of background. With decades of combined experience, our staff provides down-to-earth guidance through life's financial milestones. We maintain transparency in operations while advocating for systemic change in the banking industry. Member testimonials highlight our exceptional customer service, community focus, and successful support for small businesses and first-time homebuyers.
Services
Checking Accounts
Savings Accounts
Personal Loans
Home Equity Lines
Business Financing
Mortgage Loans
Auto Loans
Debt Consolidation
Details
- Year established: 1982
Highlights and features
- We provide personalized financial solutions for underserved communities
- Our team takes time to understand each member's unique circumstances
- We operate as a non-profit, member-owned cooperative
- We offer competitive rates with no hidden fees
- We prioritize financial education and community economic justice
What people say
Treat you like family
Competitive rates
Supports local economy
Friendly staff
Financial education
Services
Personal Loans
Flexible personal loan options tailored to individual needs with competitive interest rates. Our lending specialists work closely with members to determine appropriate loan amounts and repayment terms. Available for debt consolidation, major purchases, or unexpected expenses while maintaining transparent fee structures.
Business Financing
Customized business lending solutions for local entrepreneurs and small business owners. We offer term loans, lines of credit, and equipment financing with personalized underwriting that considers each business's unique circumstances and growth potential.
Home Equity Lines
Flexible home equity lines of credit for home improvements, education expenses, or debt consolidation. Competitive variable rates with no closing costs for qualifying members, featuring draw periods up to 10 years followed by repayment terms.
Checking Accounts
Multiple checking account options with no monthly maintenance fees for qualifying members. Features include free debit cards, mobile banking, bill pay services, and access to a network of surcharge-free ATMs across New York State.
Financial Education
Comprehensive financial literacy programs including budgeting workshops, credit counseling, and first-time homebuyer education. Our certified counselors provide one-on-one guidance to help members achieve long-term financial stability.
People
David Knoll
Founder
Established Genesee Co-op Co-op in 1982 with a vision for inclusive community banking. Continues to guide our mission of providing accessible financial services to underserved populations in Rochester.
Deniz Akman
Consumer Credit Counseling Director
Leads our financial education initiatives with over 15 years of experience in community financial services. Specializes in helping members understand lending processes and build financial literacy.
Questions
What makes Genesee Co-op Co-op Co-op different from traditional banks?
We're a member-owned cooperative prioritizing community impact over profits. Our personalized service focuses on individual circumstances rather than standardized metrics.
How do I become a member?
Membership is open to anyone living or working in Monroe County. Simply open an account with our minimum deposit requirement.
Do you offer business banking services?
Yes, we provide business checking accounts, commercial loans, and lines of credit tailored to local entrepreneurs' needs.
What loan programs do you specialize in?
We focus on inclusive lending including first-time homebuyer programs, small business financing, and debt consolidation solutions.
Are there any membership fees?
We charge a one-time $5 membership fee with no monthly maintenance fees on most accounts.
How do you support the local community?
We reinvest profits locally through community development loans, financial literacy programs, and partnerships with local organizations.
