Sunmark Credit Union


Overview / Commentary
866-786-6275
1187 Troy-Schenectady Rd
Latham, NY 12110

Sunmark Credit Union is headquartered in Latham and is the 21st largest credit union in the state of New York. It is also the 403rd largest credit union in the nation. It was established in 1937 and as of December of 2024, it had grown to 261 employees and 89,255 members at 16 locations. Sunmark Credit Union's CD rates are 4X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership in Sunmark Credit Union is open to anyone who lives, works, worships, goes to school, volunteers, or owns a business in the New York counties of Albany, Columbia, Dutchess, Fulton, Greene, Montgomery, Putnam, Rensselaer, Rockland, Saratoga, Schenectady, Schoharie, Warren, or Westchester. Also open to employees of one of more than 250 Community Business Partners. Immediate family members of a current Sunmark Credit Union are also eligible to join.
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Reviews (1)

There Are Other Options

Sunmark is a fee-happy credit union that takes every opportunity to charge its customers fees and provides impolite customer service. Be aware that even if an account is a penny short, you will be charged an overdraft fee, even if your other account has adequate funds to cover the penny. Unlike other banks and credit unions, including commercial banks that would not charge their customers for a penny, this credit union does so willingly. This credit union holds incoming ACH payroll deposits for 2 days as float and to encourage overdraft charges. My colleagues get their deposits 2 days earlier than I do from a credit union competitor., Beware



Health
B+

Health Grade Components

Overall
NCUA #68710
Year Chartered1937
Employees261
Primary Regulator
Profit Margin
Return on Assets - YTD0.51%
Return on Equity - YTD6.05%
Annual Interest Income$58.5MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$1.14B$1.16B
LoansQ4 2024vs Q4 2023$975.5MM$1.04B
DepositsQ4 2024vs Q4 2023$1.03B$1.01B
Equity CapitalQ4 2024vs Q4 2023$96MM$89.7MM
Loan Loss AllowanceQ4 2024vs Q4 2023$7.2MM$6.3MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$10.6MM$16.1MM
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Sunmark 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 Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%*$0$75kKasasa Saver
OTHER TIERS: 0.25% $75k+
1.50%$0-Health Savings Account
0.20%$0-Youth Savings
0.10%$0-Special Event Savings Plan
0.10%$0-Holiday Savings Plan
0.10%$0-Commercial Savings
0.05%$0-Silver Savings Plan
0.05%$0-Membership Savings Plan

Sunmark Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%*$100k*-Business Money Market
OTHER TIERS: 0.50% $500 - $25k | 1.50% $25k - $100k
1.25%*$100k*-Money Market Account
OTHER TIERS: 0.20% $500 - $10k | 0.50% $10k - $25k | 0.75% $25k - $40k | 1.00% $40k - $100k

Sunmark Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
6.00%*$0$15kKasasa Cash Checking
OTHER TIERS: 0.25% $15k+
0.10%*$7.5k*-Business Earnings Checking
OTHER TIERS: 0.05% $2.5k - $7.5k

Sunmark Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$500-6 Month CD
4.00%$500-6 Month Commercial Share Certificate
3.50%$500-90 Day CD
3.50%$500-9 Month CD
3.50%$500-3 Month Commercial Share Certificate
3.50%$500-9 Month Commercial Share Certificate
3.25%$500-1 Year CD
3.25%$500-18 Month CD
3.25%$500-1 Year Commercial Share Certificate
3.25%$500-18 Month Commercial Share Certificate
3.00%$500-2 Year CD
3.00%$500-3 Year CD
3.00%$500-4 Year CD
3.00%$500-5 Year CD
3.00%$500-2 Year Commercial Share Certificate
3.00%$500-3 Year Commercial Share Certificate
3.00%$500-4 Year Commercial Share Certificate
3.00%$500-5 Year Commercial Share Certificate

Sunmark Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.50%$500-9 Month IRA
3.25%$500-18 Month IRA
3.25%$500-1 Year IRA
3.00%$500-2 Year IRA
3.00%$500-3 Year IRA
3.00%$500-4 Year IRA
3.00%$500-5 Year IRA
0.45%*$40k*-Regular IRA Share Savings
OTHER TIERS: 0.10% $0 - $10k | 0.20% $10k - $40k
Locations

Availability



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