Overview / Commentary
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 447th largest credit union in the nation. It was established in 1937 and as of September of 2018, it had grown to 183 employees and 57,267 members at 9 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 is open to those who live, work, worship, attend school, own a business, or volunteer in Albany, Rensselaer, Saratoga, Schenectady, Schoharie or Montgomery County. Also open to employees of one of Sunmark's Community Business Partners.
See current membership details

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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 Grade Components

NCUA #1884
Year Chartered1937
Primary Regulator
Profit Margin
Return on Assets - YTD0.91%
Return on Equity - YTD11.48%
Annual Interest Income$19.0MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$652.4MM$583.3MM
LoansQ3 2018vs Q3 2017$576.1MM$527.7MM
DepositsQ3 2018vs Q3 2017$553.5MM$515.6MM
Equity CapitalQ3 2018vs Q3 2017$51.0MM$45.1MM
Loan Loss AllowanceQ3 2018vs Q3 2017$2.2MM$1.6MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$5.2MM$4.1MM
Real Estate OwnedQ3 2018vs Q3 2017$1.4MM$331.00K
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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

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

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

0.05%$750-Earnings Checking

Sunmark Federal Credit Union CD Rates

2.75%*$150k*-18 Month CD
OTHER TIERS: 2.50% $500 - $150k
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

2.75%*$150k*-18 Month IRA
OTHER TIERS: 2.50% $500 - $150k
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

Sunmark Federal Credit Union Locations
Branch Office113 Holland AveAlbany, NY 12208
Branch Office2 Tower WayHalfmoon, NY 12065-4167
Branch Office251 Saratoga RdGlenville, NY 12302
Branch Office1847 Central AveColonie, NY 12205
Branch Office1187 Troy Schenectady RdLatham, NY 12110-1086
Branch Office202 Northline RdBallston Spa, NY 12020-2408
Branch Office1616 BroadwaySchenectady, NY 12306
Branch Office1300 Altamont AveSchenectady, NY 12303
Branch Office267 Delaware AveDelmar, NY 12054

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