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1187 Troy Schenectady Rd
Latham, NY 12110

Sunmark Credit Union is headquartered in Latham and is the 27th largest credit union in the state of New York. It is also the 543rd largest credit union in the nation. It was established in 1937 and as of March of 2014, it had grown to 168 employees and 47,591 members. Sunmark Credit Union's money market rates are 2X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in Albany, Rensselaer, Saratoga, Schenectady, Schoharie or Montgomery County. Also open to employees of one of Sunmark's Community Business Partners. - See Details

Reviews (3)

Worst Bank Ever

I have had the worst experience of my life purchasing a home thanks to this bank. They took a once in a lifetime experience and made it pure misery from start to finish.

Worst Customer Service!

This bank has a decent amount of features and the online uses are nice, but god forbid you should ever have to speak with a human that works there. EVERY time I call, usually because of a bank error, I am treated incredibly rudely. They generally will treat you as if you are a stupid child and blame you for any error. I've been with this bank for nearly twenty years and I'm almost at my breaking point. 

Great Local Credit Union

I've been doing my banking at Sunmark for a few years. I am always pleased with the great service I get from the staff. Very helpful and great attitude to me. Loan rates are very good, I have refinanced my mortgage with them and had an auto loan. I would definitely recommend them.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Sunmark Credit Union had $3.7 million in non-current loans and owned real-estate with $35.13 million in equity and loan loss allowances on hand to cover it. This gives Sunmark Credit Union a Texas Ratio of 10.55% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Sunmark Credit Union decreased slightly from 11.89% as of March 31, 2013 to 10.55% as of March 31, 2014, resulting in a positive change of 11.31%.This indicates that the balance sheet and financial strength for Sunmark Credit Union has improved slightly in recent periods.

Deposit Growth


In the past year, Sunmark Credit Union has increased its total deposits by $10.03 million, resulting in 2.8% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Sunmark Credit Union has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Sunmark Credit Union has $404.04 million in assets with $35.13 million in equity, resulting in a capitalization level of 8.70%, which is average.

Institution Statistics

NCUA #1884
Year Chartered1937
Primary Regulator
Assets and Liabilities
Assets$404.04 million
Loans$349.90 million
Deposits$367.85 million
Equity Capital$33.23 million
Loan Loss Allowance$1.90 million
Unbacked Noncurrent Loans$3.15 million
Real Estate Owned$555,000
Historic Data - March 2013
Assets$395.27 million
Equity Capital$31.42 million
Loan Loss Allowance$2.22 million
Unbacked Noncurrent Loans$3.15 million
Real Estate Owned$925,000
Profit Margin - Quarterly
Net Interest Margin1.01%
Return on Assets0.03%
Return on Equity0.35%
Interest Income$3.72 million

Always verify rates and promotions with the bank or credit union. We are not Sunmark Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Sunmark Credit Union Savings Account Rates

0.45%$40k-Regular IRA
0.20%$25-Youth Savings
0.10%$100-Special Event Savings Plan
0.05%$100-Silver Savings Plan
0.05%--Membership Savings Plan

Sunmark Credit Union Money Market Rates

1.00%$5k-Premium Investor Money Market Account
1.00%$25k-Bronze Money Market Account
0.50%$5k-Investor Money Market Account
0.25%$100k-Money Market Account

Sunmark Credit Union Checking Account Rates

0.05%$750-Earnings Checking

Sunmark Credit Union CD Rates

1.25%$500-17 Month CD
0.85%$500-5 Year CD
0.75%$500-4 Year CD
0.60%$500-3 Year CD
0.45%$500-2 Year CD
0.20%$500-1 Year CD
0.10%$500-90 Day CD
0.10%$500-6 Month CD

Sunmark Credit Union IRA Rates

1.25%$500-17 Month IRA
0.85%$500-5 Year IRA
0.81%--18 Month IRA
0.75%$500-4 Year IRA
0.60%$500-3 Year IRA
0.45%$500-2 Year IRA
0.20%$500-1 Year IRA

Sunmark Credit Union Locations
Branch Office113 Holland AveAlbany, NY 12208
Branch Office1 Clinton Sq Rm 117Albany, NY 12207-2201
Branch Office40 Buffington StWatervliet, NY 12189-4050
Branch Office2 Tower WayClifton Park, NY 12065
Branch Office33 Branch 1 River RoadSchenectady, NY 12345-0001
Branch Office251 Saratoga RdGlenville, NY 12302
Branch Office1847 Central AveColonie, NY 12205
Branch Office1187 Troy Schenectady RdLatham, NY 12110-1085
Branch Office202 Northline RdBallston Spa, NY 12020-2408
Branch Office1616 BroadwaySchenectady, NY 12306