Member Eligibility
At Suffolk, we believe that becoming a member is like joining a warm, welcoming family where everyone looks out for one another. If you're interested in joining us, you'll find that eligibility is designed to be straightforward and inclusive. Typically, anyone who lives, works, worships, or attends school in our community can become a member. This means that whether you're a local resident or just passing through, there's a good chance you qualify! To explore the specific details about eligibility and see if you meet the criteria, feel free to check out our resource. Once you've confirmed your eligibility, opening an account with us is as easy as pie! You can start enjoying the benefits of membership right away, which include access to personalized services and competitive financial products tailored just for you. If you have any questions or need assistance during this process, don't hesitate to give us a call at (631) 924-8000. We're here to help you every step of the way!
Financial Strength
At Suffolk, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share that our strong financial foundation reflects our commitment to providing reliable services to you, our valued members. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $162,592,369, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 8.62% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $676,340,825 in share certificates and $81,864,674 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $161,643,778 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Additionally, with $7,864 in used auto loans and $1,205,763,000 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Our operational efficiency is reflected in our $1,810,856, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 194 full-time employees and 17 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $0. Total Share and Deposit Accounts: 163,823, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Suffolk is your trusted partner. Visit us at 200 Belle Terre Rd Port Jefferson Ny 11777 or call (631) 924-8000 to learn more about how we can help you achieve your financial goals.
