Overview / Commentary
SUMA Federal Credit Union is headquartered in Yonkers and is the 38th largest credit union in the state of New York. It is also the 807th largest credit union in the nation. It was established in 1964 and as of March of 2025, it had grown to 40 employees and 9,129 members at 6 locations. SUMA Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Suma Federal Credit Union is open to members of the Yonkers branch of the Ukrainian-American Youth Association, as well as the parishioners of St. Michael the Archangel Ukrainian Catholic Church in Yonkers, New York, or Saints Peter & Paul Ukrainian Catholic Church in Spring Valley, New York.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 16360 |
| Year Chartered | 1964 |
| Employees | 40 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.43% |
| Return on Equity - YTD | 3.51% |
| Annual Interest Income | $4.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $438.7MM$420.7MM |
| Loans | Q1 2025vs Q1 2024 | $296.3MM$273.2MM |
| Deposits | Q1 2025vs Q1 2024 | $384.5MM$367.8MM |
| Equity Capital | Q1 2025vs Q1 2024 | $53.7MM$52.5MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $3MM$3.3MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $4.1MM$4.5MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |