Suma Credit Union New Haven CT | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Suma, your trusted partner in financial growth and community support right here at our New Haven Branch located at 555 George St, New Haven, CT 06511. Established in 1964, we have proudly served our community for nearly six decades, focusing on delivering personalized banking services tailored to the needs of our 8,723 members. At Suma, we understand that each member's journey is unique. With total assets of $426,958,476 and a robust net worth of $53,843,613, we are well-equipped to provide you with the financial tools necessary for success. Our commitment to supporting our members is reflected in our diverse range of services including checking and savings accounts, auto loans, mortgage refinancing, and business banking solutions. While you can visit us at our branch for all your banking needs, please note that official correspondence should be sent to our mailing address: 555 George Street, New Haven, CT 06511-5301. Our dedicated team of 44 employees, led by CEO Roman Kozicky and Board President Andrew Horbachevsky, works diligently to ensure you receive exceptional service. Whether you're looking for a personal loan or need assistance with business financing our goal is to help you achieve your financial aspirations. With total loans amounting to 3,582 and deposits reaching $14,047,687, we strive to create meaningful relationships within the community. We invite you to connect with us by calling 203-785-8805 or visiting our website at sumafcu.org for more information. Together, let's build a brighter financial future!

Branch History & Mission

Welcome to the Suma Credit Union, a cornerstone of financial support and community service in New Haven, Connecticut. Since opening our doors in 1964, we have dedicated ourselves to not just serving our members but also enriching the community around us. Located at 555 George St, New Haven, CT 06511, our branch has grown alongside our members, evolving to meet their needs while staying true to our mission. Over the years, Suma has become more than just a credit union; it is a trusted partner for over 8,700 members who rely on us for their financial journey. With total assets reaching an impressive $426,958,476, we have consistently focused on providing quality financial services that empower our members. Our commitment to personal banking, auto loans, mortgages, and business banking reflects our understanding of the diverse needs of those we serve. Our mission is clear: to provide accessible financial services while fostering a strong sense of community. We believe that everyone deserves the opportunity for financial success and security. This belief drives us to offer competitive rates on loans and savings accounts while ensuring that our services are easy to access. Whether you're looking for personal banking options or business loans, Suma is here for you every step of the way. While members can visit us at 555 George St New Haven Ct 06511, official correspondence should be sent to 555 George Street, New Haven, CT 06511-5301. We invite you to take advantage of our operating hours Tuesdays from 3:00 PM to 7:00 PM and Saturdays from 9:00 AM to 12:30 PM designed with your convenience in mind. Suma Credit Union is committed to making banking simple and efficient. With features like online banking and mobile payments available at your fingertips, managing your finances has never been easier. Our dedication extends beyond digital advancements; we prioritize community outreach through partnerships that support local initiatives. Join us in shaping a brighter future for both yourself and the New Haven community. Experience the difference at Suma Credit Union where every member matters. Visit us today or call us at (203) 785-8805 to learn more about how we can help you achieve your financial goals!

Branch Location & Accessibility

Welcome to the Suma New Haven Branch, your friendly neighborhood credit union located at 555 George St, New Haven, CT 06511. We are proud to be part of the vibrant New Haven community, nestled near popular spots like the scenic East Rock Park and just a short drive from downtown. Our branch is designed with accessibility in mind, featuring ADA-compliant entrances and convenient parking to ensure all members can visit us with ease. While you can reach us at our branch address for all your banking needs, please note that any official correspondence should be sent to our mailing address: 555 George Street, New Haven, CT 06511-5301. At Suma, we understand that your time is valuable. That's why we offer flexible operating hours to accommodate your busy schedule. You can visit us on Tuesdays from 3:00 PM to 7:00 PM and Saturdays from 9:00 AM to 12:30 PM. Whether you need assistance with personal banking, auto loans, or business services, our friendly staff is here to help. Although we currently do not have ATM facilities or drive-thru banking available at this location, our team is ready to assist you with any transactions inside the branch. If you're looking for shared services, please note that they are not available here either. For any inquiries or further information about our services, feel free to give us a call at 203-785-8805. We invite you to visit us soon and experience the exceptional service that Suma has to offer!

Member Eligibility

At Suma, we believe in creating a welcoming community where everyone can thrive. Becoming a member is simple and open to individuals who live, work, or worship in our local area, as well as their family members. If you're looking for a supportive financial partner that prioritizes your needs, you'll find that at Suma. Not only do we offer competitive rates and personalized services, but we also strive to create an environment where every member feels valued and heard. If you're ready to take the next step, check out the detailed eligibility criteria on our website at http://www.sumafcu.org/about/become-a-member. When you're set to join us, opening an account is easy! You can start the process by visiting http://www.sumafcu.org/resources/apply-now or giving us a call at (203) 785-8805. We can't wait to welcome you into the Suma family at our branch located at 555 George St New Haven Ct 06511!

Business Banking & Commercial Services

At Suma, we understand that every business has unique needs and aspirations. Whether you're a startup looking for your first loan or an established company aiming to expand, our business banking and commercial services are tailored to support your journey. Imagine walking into your dream office space or launching a new product line; with the right financial tools, those dreams can become reality. Our commercial loans are designed to fuel your growth. Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $67 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $3 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $55,727,979, we continue to drive economic growth by financing new and expanding businesses. Additionally, our merchant services make daily operations smoother. Picture accepting payments easily from customers, managing transactions without hassle, and keeping track of sales all while providing excellent customer service. Located at 555 George St New Haven Ct 06511 in New Haven, CT, we're here to help you take the next step in your business's success. Reach out to us at (203) 785-8805 or visit our website for more details!

Comprehensive List Of Services

Auto Loans & Vehicle Financing

When it comes time to buy a new car or refinance your current vehicle, Suma has competitive auto loans and vehicle financing solutions ready for you. Our team is here to guide you through the process, ensuring you find an option that fits your budget. Picture yourself cruising down the road in a new car, knowing you've secured a great deal with our low rates.

Business Banking Solutions

If you're a small business owner, you'll appreciate our tailored business banking services, which include merchant services and business loans designed to help you grow and succeed. From funding expansions to managing daily transactions, we support local businesses at every stage.

Convenient Access

In today's fast-paced world, convenience matters more than ever. That's why we've invested in digital banking features like mobile payments and person-to-person transfers, allowing you to send money easily without needing cash or checks. Plus, while we currently do not have ATMs or drive-thru services at this location, our online tools ensure you can bank whenever it suits you best. We invite you to experience all that Suma has to offer by visiting us or reaching out at (203) 785-8805. Join us in creating a brighter financial future together! If you're ready to become a member, check out our membership options here.

Credit Cards with Rewards

For those who love earning rewards on their purchases, we offer credit cards with rewards that allow you to earn points for every dollar spent. Use these points toward travel, shopping, or even cash back! It's an excellent way to make the most out of everyday spending.

Home Financing Options

Your dream home is within reach with our variety of mortgage loans and refinancing options. Whether you're purchasing your first home or looking to lower your monthly payments on an existing mortgage, we provide personalized support every step of the way. Our straightforward application process helps you get started quickly so you can focus on making your house a home.

Personal Banking Solutions

Managing your day-to-day finances is simple with our personal banking options. We offer checking and savings accounts that help you grow your money while providing easy access whenever you need it. Imagine being able to track your savings goals effortlessly through our user-friendly online and mobile banking platforms. You can check your balance, transfer funds, and pay bills all from the comfort of your home or on-the-go.

Personal Loans & Debt Consolidation

Life can throw unexpected expenses your way. With our personal loans and debt consolidation services, managing those costs becomes easier. Imagine consolidating multiple debts into one manageable payment, freeing up cash for other important areas of your life.

Digital & Online Banking

Key Features

Our online banking platform provides you with real-time access to your accounts, making it simple to check balances, transfer funds, and pay bills all from the comfort of your home or on the go. You can easily set up electronic statements, which means no more paper clutter just quick access to your financial records whenever you need them. Plus, our electronic signature authorization allows for fast and secure document signing right from your device. Need to send money to a friend or family member? Our person-to-person transfer feature makes it straightforward. Just a few taps on your phone or clicks on your computer, and you're done! Speaking of phones, don't forget about our mobile application. It's available for download, giving you full access to all our services right in your pocket.

Security & Convenience

Your security is our top priority. We use advanced technology to keep your information safe while ensuring that our digital services are user-friendly. Whether you're using mobile payments or accessing online banking, you can feel confident knowing that you're protected. At Suma, we're committed to making banking accessible and convenient for everyone. So whether you're at home, at work, or out running errands, managing your money has never been easier! For more details about our digital offerings, visit us at https://www.sumafcu.org/ today!

Financial Strength

At Suma, 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 committed to maintaining a strong financial foundation, ensuring that you can trust us with your money. With a net worth of $53,843,613, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,258 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 $163,348,506 in share certificates and $62,625,105 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 $52,803,103 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is substantial, with $206 in used auto loans and $288,064,623 in total loans and leases supporting our members' financial goals across various sectors. Our operational efficiency is reflected in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 40 full-time employees and 4 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): $2,988,978. Total Share and Deposit Accounts: 18,332, 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, Suma is your trusted partner. Visit us at 555 George St New Haven Ct 06511 or call (203) 785-8805 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $3,429,465 in used vehicle loans and $4,851,977 in new vehicle loans already helping members get on the road. We have options for both new and used vehicles, ensuring you find the right financing for your dream ride.

Business Financing

For business owners, our outstanding commercial loans totaling $55,727,979 provide the capital needed to grow and expand. We understand the importance of reliable financing for your business's success.

Credit Lines

Our total credit lines amounting to $70,819,608 allow members to access funds as needed while maintaining control over their borrowing costs. This flexibility makes it easier for you to meet unexpected expenses or manage cash flow efficiently. If you're interested in any of these loan products or want more information on refinancing options, feel free to reach out! You can contact us at (203) 785-8805 or visit us at our branch located at 555 George St New Haven Ct 06511 in New Haven, CT. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Explore how we can help you with your financial journey today!

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. While we currently do not offer Junior Lien 1-4 Family Residential Properties loans, we can still guide you through other mortgage options that may fit your needs.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $2,256,167 in loans helping members manage their finances effectively. These cards are designed to give you the purchasing power you need without collateral requirements.

Loan Aggregator

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Real-Time Rate Comparisons

With up-to-date loan rates from multiple institutions, LendMesh helps users make informed decisions quickly. The real-time data allows you to see how different offers stack up against each other so that you can choose what best fits your financial needs. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This kind of feedback highlights the effectiveness of using LendMesh as a reliable tool for securing favorable loan terms. Compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

Verified Data

Loan offers are sourced from legitimate financial institutions, ensuring transparency. Each lender listed on LendMesh has been verified, which means you can trust that the rates you see are genuine and reflect the current market conditions.

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