Greenfield Cooperative Bank (GCB) announced the launch of Co-op Cares, a new mortgage program designed specifically for employees of 501(c)(3) nonprofit organizations.

Built with the needs of mission-driven professionals in mind, Co-op Cares offers meaningful benefits to help make homeownership more accessible for those who dedicate their careers to giving back. 

The Co-op Cares program offers a variety of benefits, including:

• Reduced annual percentage rates: Eligible borrowers can enjoy reduced annual percentage rates, making their monthly mortgage payments more affordable.
• Choosing between a fixed-rate mortgage with predictable monthly payments or an adjustable-rate mortgage (ARM) that offers potential interest rate savings initially but may fluctuate over time. 

“We’re so proud to offer a mortgage product that gives back to people who give so much every day,” said Jane Wolfe, executive vice president — Residential Loans. “It’s our way of recognizing their impact and helping them take the next step toward homeownership.”

Co-op Cares reflects GCB’s ongoing commitment to supporting the communities it serves by investing in the people making a difference every day at nonprofit organizations, she said.