SUMA Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.53% | 5-year CD | 5 Year CD 2.25% - Ally Bank High Yield 5 Year CD |
| 1.51% | 1-year CD | 1 Year CD 1.50% - Ally Bank No Penalty 11-Month CD |
| 0.76% | Savings | Regular Shares 1.20% - Ally Bank Online Savings Account |
SUMA Federal Credit Union is headquartered in Yonkers and is the 36th largest credit union in the state of New York. It is also the 742nd largest credit union in the nation. It was established in 1964 and as of June of 2017, it had grown to 29 employees and 7,058 members at 5 locations. SUMA Federal Credit Union's money market rates are 2X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Suma Federal Credit Union is only open to members of the Yonkers branch of the Ukrainian-American Youth Association.
See current membership details
Data as of Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 16360 |
| Year Chartered | 1964 |
| Employees | 29 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.51% |
| Return on Equity - YTD | 3.45% |
| Annual Interest Income | $4.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $326.1MM$314.4MM |
| Loans | Q2 2017vs Q2 2016 | $211.5MM$201.0MM |
| Deposits | Q2 2017vs Q2 2016 | $277.9MM$267.8MM |
| Equity Capital | Q2 2017vs Q2 2016 | $47.9MM$46.3MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $1.8MM$1.5MM |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $6.1MM$7.1MM |
| Real Estate Owned | Q2 2017vs Q2 2016 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not SUMA Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
SUMA Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.02% | $50 | - | IRA Shares | |
| 0.76% | $50 | - | Regular Shares | |
| 0.10% | - | - | Escrow Share |
SUMA Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.01%* | $50k* | - | Money Market | ||
| OTHER TIERS: 0.86% → $50 - $50k | |||||
SUMA Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.15% | $200 | - | Share Drafts |
SUMA Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.53% | $1k | $50k | 5 Year CD | |
| 2.28% | $1k | $50k | 4 Year CD | |
| 2.02% | $1k | $50k | 3 Year CD | |
| 1.72% | $1k | $50k | 2 Year CD | |
| 1.51% | $1k | $50k | 1 Year CD | |
| 1.26% | $1k | $50k | 6 Month CD | |
| 1.11% | $1k | $50k | 3 Month CD |
| SUMA Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 39 Clovelly Rd | Stamford, CT 06902 |
| Branch Office | 555 George St | New Haven, CT 06511-5301 |
| Branch Office | 16 Twin Ave | Spring Valley, NY 10977 |
| Branch Office | 301 Palisade Ave | Yonkers, NY 10703 |
| Branch Office | 125 Corporate Blvd | Yonkers, NY 10701 |