Featured Savings Rates
Featured Accounts

Sunmark Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.25%18-month CD18 Month Special CD
1.25%18-month IRA18 Month Special IRA
0.80%5-year CD5 Year CD

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

Sunmark Federal Credit Union is headquartered in Latham and is the 26th largest credit union in the state of New York. It is also the 473rd largest credit union in the nation. It was established in 1937 and as of September of 2016, it had grown to 165 employees and 55,849 members at 8 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

Related Posts

Sunmark FCU (NY) Has New, Competitive 18-Month CD - 12/23/2015

Sunmark FCU (NY) has raised the rate on its new 18-month CD (1.50% APY). The minimum deposit is $150K, with no balance cap. Also offered as an IRA.

View all posts from:


Reviews (4)

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. 

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
Employees165
Primary Regulator
Profit Margin
Return on Assets - YTD0.82%
Return on Equity - YTD11.32%
Annual Interest Income$15.0MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$548.6MM$473.5MM
LoansQ3 2016vs Q3 2015$492.8MM$432.9MM
DepositsQ3 2016vs Q3 2015$457.1MM$422.1MM
Equity CapitalQ3 2016vs Q3 2015$39.6MM$36.1MM
Loan Loss AllowanceQ3 2016vs Q3 2015$1.5MM$1.8MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$4.2MM$5.4MM
Real Estate OwnedQ3 2016vs Q3 2015$238.00K$149.00K
Rates
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* 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%*$2,500*-Health Savings Account
OTHER TIERS: 1.00% Up to $2,500
0.45%*$40k*-Regular IRA
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-Premium 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
0.75%*$250k*-Platinum Checking
OTHER TIERS: 0.25% $10k - $100k | 0.50% $100k - $250k
0.05%$750-Earnings Checking

Sunmark Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%*$150k*-18 Month Special CD
OTHER TIERS: 0.65% $500 - $25k | 0.75% $25k - $75k | 1.00% $75k - $150k
0.80%$500-5 Year CD
0.65%$500-4 Year CD
0.50%$500-3 Year CD
0.35%$500-2 Year 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
1.25%*$150k*-18 Month Special IRA
OTHER TIERS: 0.65% $500 - $25k | 0.75% $25k - $75k | 1.00% $75k - $150k
0.80%$500-5 Year IRA
0.65%$500-4 Year IRA
0.50%$500-3 Year IRA
0.35%$500-2 Year IRA
0.15%$500-1 Year IRA
Locations


Sunmark Federal Credit Union Locations
Branch Office113 Holland AveAlbany, NY 12208
Branch Office2 Tower WayHalfmoon, NY 12065-4167
Branch Office40 Branch 1 River RoadSchenectady, NY 12345-0001
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