Overview / Commentary
518-382-0605
1187 Troy Schenectady Rd
Latham, NY 12110

Sunmark Federal Credit Union is headquartered in Latham and is the 24th largest credit union in the state of New York. It is also the 439th largest credit union in the nation. It was established in 1937 and as of December of 2018, it had grown to 190 employees and 57,447 members at 10 locations. Sunmark Federal Credit Union's money market rates are 14% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership in Sunmark Federal Credit Union is open to those who live, work, worship, attend school, own a business, or volunteer in Albany, Montgomery, Rensselaer, Saratoga, Schenectady,or Schoharie County, New York. Also open to employees of one of Sunmark's Community Business Partners. (Field of membership is listed only in the online application.)
See current membership details

Related Posts

Slam Dunk 17-Month CD, 3.17% APY - 3/18/2019

Sunmark FCU is open to residents of Albany, Rensselaer, Saratoga, Schenectady, Schoharie, and Montgomery Counties, New York. Save big with a 3.17% APY certificate special. But hurry – this Madness will only happen March 14 – March 19! Apply now or call 866-SUNMARK for details. 3.17% APY based on 17-month certificate special for new money only. Minimum opening deposit of $500 and must maintain $500 minimum balance to earn advertised rate. Early withdrawal penalties apply. Fees may reduce earnings. Additional deposits are not allowed. The 17-month certificate special will automatically renew into Sunmark’s 12-month certificate at the prevailing rate at the time of maturity. This rate is accurate as of March 14, 2019. Speak with a Sunmark representative for current rate information as well as applicable fees and terms. Rates subject to change.

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Reviews (5)

Great Local Credit Union

Posted by: Anonymous | Jun 4, 2012

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.

Friendly, Helpful, Competitive

Posted by: JordanS | Apr 17, 2016

I have held multiple accounts with Sunmark and they are always very courteous and friendly. They have always been will to take the time to make sure that I am getting exactly what I want. They offered me one of the best CD rates I have seen in a long time after previously holding multiple CDs with HSBC rates had dropped dramatically and I began looking for the best offer I could. I finally managed to sit down with and discuss my needs with a sunmark manager and she offered me special rates if I transferred other accounts over as well as the CDs so I did and I have been taking advantage ever since and their checking accounts are no hassle and low or no fees, I am able to use their atms anywhere and not get hit with a fee also they offer nice incentives like higher interest rate saving accounts with higher carried balances which I found nice. I have been satisfied with this credit union for years and I will continue to bank with them for many more.

Worst Customer Service!

Posted by: mecaro29 | Nov 6, 2012

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. 

I'm Done With Sunmark

Posted by: cadalpha | May 1, 2017

I used to use my credit for out of town until they wanted me to tell them where I'm going and when. None of their business. Now using it around town, they want me to verify the charges. This is the least customer friendly bank I'm ever used and I'm done with them.

Worst Bank Ever

Posted by: plapier | Jun 1, 2012

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.



Health
B+

Health Grade Components

Overall
NCUA #1884
Year Chartered1937
Employees190
Primary Regulator
Profit Margin
Return on Assets - YTD0.92%
Return on Equity - YTD11.48%
Annual Interest Income$26.0MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$661.6MM$591.8MM
LoansQ4 2018vs Q4 2017$591.7MM$535.1MM
DepositsQ4 2018vs Q4 2017$547.4MM$516.6MM
Equity CapitalQ4 2018vs Q4 2017$52.8MM$46.8MM
Loan Loss AllowanceQ4 2018vs Q4 2017$2.3MM$1.7MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$4.2MM$5.8MM
Real Estate OwnedQ4 2018vs Q4 2017$1.9MM$435.00K
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Slam Dunk 17-Month CD, 3.17% APY

Carpline   |  
Sunmark FCU is open to residents of Albany, Rensselaer, Saratoga, Schenectady, Schoharie, and Montgomery Counties, New York.

Save big with a 3.17% APY certificate special.
But hurry – this Madness will only happen March 14 – March 19!
Apply now or call 866-SUNMARK for details.

3.17% APY based on 17-month certificate special for new money only.
Minimum opening deposit of $500 and must maintain $500 minimum balance to earn advertised rate.
Early withdrawal penalties apply.
Fees may reduce earnings.
Additional deposits are not allowed.
The 17-month certificate special will automatically renew into Sunmark’s 12-month certificate at the prevailing rate at the time of maturity.
This rate is accurate as of March 14, 2019.
Speak with a Sunmark representative for current rate information as well as applicable fees and terms.
Rates subject to change.

Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Sunmark 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.

Sunmark Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%*$2.5k*-Health Savings Account
OTHER TIERS: 1.00% Up to $2.5k
0.45%*$40k*-Regular IRA Share Savings
OTHER TIERS: 0.10% Up to $10k | 0.20% $10k - $40k
0.20%--Youth Savings
0.10%--Special Event Savings Plan
0.10%--Holiday Savings Plan
0.05%--Silver Savings Plan
0.05%--Membership Savings Plan

Sunmark Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.95%$5k-Premiere Investor Money Market Account
0.50%*$200k*-Bronze Money Market Account
OTHER TIERS: 0.20% $25k - $100k | 0.25% $100k - $150k | 0.30% $150k - $200k
0.45%$5k-Investor Money Market Account
0.25%*$100k*-Money Market Account
OTHER TIERS: 0.10% $500 - $25k | 0.15% $25k - $100k

Sunmark Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$750-Earnings Checking

Sunmark Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.17%$500-17 Month CD Special- New Money Only
2.75%*$75k*-18 Month CD
OTHER TIERS: 2.50% $500 - $75k
1.30%$500-4 Year CD
1.30%$500-5 Year CD
1.15%$500-3 Year CD
1.00%$500-2 Year CD
0.50%$500-3 Year Step Up CD
0.15%$500-1 Year CD
0.10%$500-90 Day CD
0.10%$500-6 Month CD

Sunmark Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%*$75k*-18 Month IRA
OTHER TIERS: 2.50% $500 - $75k
1.30%$500-4 Year IRA
1.30%$500-5 Year IRA
1.15%$500-3 Year IRA
1.00%$500-2 Year IRA
0.15%$500-1 Year IRA
Locations


Cities: Albany, Ballston Spa, Colonie, Delmar, Feura Bush, Glenville, Halfmoon, Latham, Schenectady

Albany Branches
Branch Office113 Holland AveAlbany, NY 12208

Ballston Spa Branches
Branch Office202 Northline RdBallston Spa, NY 12020-2408

Colonie Branches
Branch Office1847 Central AveColonie, NY 12205

Delmar Branches
Branch Office267 Delaware AveDelmar, NY 12054

Feura Bush Branches
Branch Office1277 Feura Bush RdFeura Bush, NY 12067-1719

Glenville Branches
Branch Office251 Saratoga RdGlenville, NY 12302

Halfmoon Branches
Branch Office2 Tower WayHalfmoon, NY 12065-4167

Latham Branches
Branch Office1187 Troy Schenectady RdLatham, NY 12110-1086

Schenectady Branches
Branch Office1616 BroadwaySchenectady, NY 12306
Branch Office1300 Altamont AveSchenectady, NY 12303

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.