125 North Fulton St. Ithaca, NY 14850
Phone: (607) 273-4611
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Our mission is to build wealth and create economic opportunity for underserved people and communities.

News

2017 Living Wage Study

Alternatives Federal Credit Union released the results of its biennial Living Wage Study Friday, August 18 at a news conference at The Space at GreenStar, 700 W. Buffalo St., Ithaca, NY. 

Karl Graham, Director of Community Relations and Development at Alternatives announced the updated figures that represent a Living Wage for the Tompkins County area. Karl was joined by a panel of speakers including: 
  • Eric Levine, Acting CEO and General Counsel, Alternatives Federal Credit Union
  • Megan Ward;, A Living Wage employee, Alternatives Federal Credit Union
  • Pete Meyers, Coordinator and one of the founders of the Tompkins County Workers’ Center. The Workers’ Center certifies Living Wage employers
  • Rob Brown, Office Manager/Development Associate, Tompkins County Workers’ Center
  • Deb Dietrich, ED of OAR (a small not for profit that works with formerly incarcerated people) a Certified Living Wage Employer
Alternatives released the first Living Wage Study in 1994 and has updated the study biennially. The study was originally done for internal use by Alternatives, but its release to the public was encouraged by Alternatives’ Board of Directors. It has stimulated important discussion about the meaning of earning a Living Wage and provided a benchmark for others in the county to use.

For more information, contact: kgraham@alternatives.org or visit Living Wage.

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The Credit Path

As Alternatives Credit Union has grown and changed, our use of the Credit Path model of financial empowerment has changed as well. Originally developed by Bill Myers as a way of understanding our members' financial situations and incorporating that into our business planning, the Credit Path describes where people are situated at various points along a continuum between poverty and self-sufficiency. Our job, as a community development financial institution, is to help our members move along that continuum by empowering them to make decisions, and offering opportunities, that will move them towards financial self-sufficiency. more»


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