Suma Credit Union Spring Valley NY | Affordable Auto Loans & Checking

Introduction

Welcome to Suma, your trusted financial partner in the heart of Spring Valley, NY. Nestled at 16 Twin Ave, we have been proudly serving our community since 1964. With a commitment to providing exceptional member services, Suma has grown to support over 8,700 members with a total asset base of an impressive $426,958,476. At Suma, we understand that every member's financial journey is unique. That's why we offer a wide range of services tailored to meet your needs, from personal banking and auto loans to business financing solutions. Our dedication is reflected not only in the $14,047,687 in deposits we hold but also in the 3,582 loans and leases we've issued to help our members achieve their goals. While you can visit us at our branch for all your banking needs, please note that official correspondence should be sent to the same address: 16 Twin Ave, Spring Valley, NY 10977. Whether you're looking for a reliable checking account or considering refinancing your mortgage, our team is here for you. Led by our experienced CEO Roman Kozicky and Board President Andrew Horbachevsky, our staff of 44 dedicated employees is eager to assist you with personalized service that prioritizes your financial well-being. With a net worth of $53,843,613, we are strong and stable, ready to support you through life's various financial phases. If you're interested in becoming a part of our community or simply want more information about what we offer, don't hesitate to reach out! Call us today at 845-356-0087 or visit our website at sumafcu.org for more details. Join us on this journey toward financial empowerment; together we can make a difference!

Branch History & Mission

At Suma, the Spring Valley Branch has been a pillar of the community since it opened its doors in 1964. Nestled at 16 Twin Ave, Spring Valley, NY 10977, this branch has witnessed the growth and transformation of our local area while remaining dedicated to its mission: to provide reliable financial services that empower members and support our community. Over the years, Suma has grown significantly. With a total membership of 8,723 and assets totaling an impressive $426,958,476, we pride ourselves on being more than just a financial institution. Our history is rich with milestones that reflect our commitment to serving our members' needs. From offering personal banking options like checking and savings accounts to providing loans for vehicles and homes, we strive to enhance the financial well-being of every member who walks through our doors. Our mission goes beyond numbers; it's about making a positive impact. We aim to foster financial literacy and provide resources that help our members achieve their dreams. Whether it's through auto loans, mortgage refinancing, or credit cards with rewards, we ensure that our services are tailored to meet the diverse needs of our community. While members can visit us at 16 Twin Ave for all their banking needs, official correspondence should be sent to the same address. We are proud to offer convenient operating hours on Tuesdays and Fridays from 5:00 PM to 8:00 PM. Although we currently do not have ATM or drive-thru services available, we are committed to enhancing your banking experience through online and mobile banking options. Our dedication doesn't stop at banking; we actively engage in community outreach programs that support local initiatives and partnerships. By participating in various events and offering financial education workshops, we strive to uplift those around us. As we continue this journey together, we invite you to join Suma and experience the benefits of being part of a credit union that truly cares about your financial future. Together, let's build a stronger community! For more information or to become a member today, call us at 845-356-0087 or visit our website.

Branch Location & Accessibility

Convenient Access and Amenities

At Suma, we strive to make banking as convenient as possible. Our branch is designed with accessibility in mind, featuring ramps and ADA-compliant facilities. Parking is available nearby, so you can quickly hop in and out without hassle. We offer lobby hours on Tuesday and Friday from 5:00 PM to 8:00 PM, allowing you to visit after your regular workday. We invite you to call us at 845-356-0087 if you have any questions or need assistance before your visit.

Services Tailored for You

Our dedicated team provides a range of personal banking services including checking and savings accounts, auto loans, mortgage loans, credit cards with rewards, and more. If you're a business owner, we also offer business banking services like merchant services and business loans. While we currently do not have ATM availability or drive-thru service at this location, our team is always ready to help you with all your financial inquiries during lobby hours. We encourage you to come visit us at the Suma Spring Valley Branch your friendly neighborhood credit union! Let us assist you in achieving your financial goals today.

Member Eligibility

Joining the Suma community is a wonderful step towards enhancing your financial well-being, and we're excited to welcome you! At Suma, located at 16 Twin Ave, Spring Valley, NY 10977, we believe that everyone deserves access to friendly and supportive banking services. To become a member, you simply need to meet our eligibility criteria, which are designed to be inclusive. Generally, anyone who lives, works, worships, or attends school in our local area can join us. We want to ensure that banking feels personal and accessible for everyone. The process of opening an account with us is straightforward and welcoming. You can find all the details about eligibility on our website at http://www.sumafcu.org/about/become-a-member. If you're ready to take the next step, visit http://www.sumafcu.org/resources/apply-now for easy account opening instructions. Should you have any questions or need assistance along the way, feel free to give us a call at 845-356-0087. We're here to help you every step of the way!

Business Banking & Commercial Services

At Suma, we understand that every business has unique needs and challenges. Whether you're just starting out or looking to expand, our business banking and commercial services are designed to support your journey. Imagine having the financial backing to seize new opportunities. 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. In addition to loans, we offer merchant services that simplify transactions for your business. Whether you're accepting payments online or in-store, our services make it easy for you to focus on what you do best: running your business. Located at 16 Twin Ave Spring Valley Ny 10977 in Spring Valley, NY, we're here to help you thrive. For more information, call us at (845) 356-0087 or visit our website at https://www.sumafcu.org/. Let's grow together!

Comprehensive List Of Services

Business Banking Solutions

For business owners, Suma offers specialized banking services, including merchant services and business loans. We know running a business comes with its own set of challenges; having reliable financial support can make all the difference in achieving your goals.

Cash Withdrawal Services

While we currently do not have ATM services available at this branch, we ensure that cash withdrawal needs are met through other means. Our friendly staff is always ready to assist you during lobby hours on Tuesday and Friday from 5:00 PM to 8:00 PM. At Suma, we believe in building strong relationships with our members by offering financial solutions that cater to real-life needs. For more information about any of these services or to get started today, feel free to call us at (845) 356-0087 or visit our website at https://www.sumafcu.org/. We're here to help you take charge of your financial future!

Credit Cards with Rewards

We understand that every dollar counts, which is why our credit cards come with rewards that can benefit your everyday spending. Whether you're buying groceries or planning a vacation, our credit cards are designed to give back while you spend.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we provide robust online and mobile banking options. You can manage your accounts from anywhere whether it's checking balances, transferring funds, or making payments all at your fingertips. Our mobile payments feature allows for quick transactions without the hassle of cash or checks.

Personal Banking Made Easy

Our personal banking services include everything from checking and savings accounts to auto loans and vehicle financing. Imagine driving away in your new car, knowing you secured a great rate through our competitive auto loans. For those looking to purchase a home or refinance an existing mortgage, we offer mortgage loans that can fit various budgets and situations. If you find yourself facing unexpected expenses, our personal loans and debt consolidation options can help ease the burden.

Digital & Online Banking

Key Features

Our online banking service provides 24/7 access to your accounts, allowing you to check balances, transfer funds, and manage your transactions whenever it suits you. If you're on the go, our mobile application gives you the power of banking right in your pocket. You can even make mobile payments with ease, simplifying everyday purchases. Need to send money to a friend? Our person-to-person transfer feature lets you quickly send funds without any hassle. Plus, with electronic signature authorization available, signing documents is fast and secure, eliminating the need for paperwork. For those who prefer going paperless, e-statements are readily available. This means you can view your account statements online anytime keeping your financial information organized and accessible.

Security and Accessibility

At Suma, we prioritize your security. Our robust online banking services use advanced encryption technology to keep your personal information safe while providing a user-friendly experience. You can feel confident knowing that accessing your accounts is not only easy but secure as well. With all these features at your fingertips, managing your finances has never been more straightforward. Whether you're checking your balance or making a payment on the go, our digital banking services at Suma ensure that everything you need is just a click away. Embrace the ease of modern banking today!

Financial Strength

Commitment to Growth

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 robust, with $206 in used auto loans and $288,064,623 in total loans and leases available to support your financial goals across various sectors.

Member-Focused Savings

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.

Operational Efficiency

Our operational efficiency is reflected in our $0, which enables 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.

Solid Financial Foundation

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.

Trust in Numbers

We currently manage 18,332 share accounts, showing a strong and growing member base that trusts us with their finances. Additionally, net shares (funds available for lending and investments) amount to $2,988,978, further emphasizing our commitment to supporting your financial needs. 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 16 Twin Ave Spring Valley Ny 10977 or call (845) 356-0087 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 provide flexible terms and refinancing options to suit your budget.

Business Loans

For business owners, our outstanding commercial loans totaling $55,727,979 provide the capital needed to grow and expand. We understand that running a business comes with its own set of challenges and opportunities; we're here to support you every step of the way. At Suma, we believe in making borrowing simple and transparent. Explore our loan offerings today and see how we can assist you in achieving your financial goals. For more information about eligibility and application processes, please visit our website or check out membership details. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results.

Credit Lines

If you're looking for additional financial flexibility, consider our credit lines totaling $70,819,608. This option provides quick access to funds when unexpected expenses arise or when you need extra cash flow.

Mortgage Loans

Thinking about homeownership? Although we currently do not offer Junior Lien 1-4 Family Residential Properties loans, our mortgage options make buying or refinancing simple. We can guide you through the process and help you find the right solution for your housing 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 credit cards come with competitive rates and benefits designed to help you stay on top of your expenses.

Loan Aggregator

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Ensuring Accurate Loan Comparisons

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