Introduction
Welcome to Sunmark at our Milton branch, located at 24 Trieble Ave, Ballston Spa, NY 12020. Since our establishment in 1937, we have dedicated ourselves to building strong relationships with our members and the communities we serve. With a current membership of over 90,841, we pride ourselves on being a trusted financial partner for individuals and businesses alike. At Sunmark, our commitment goes beyond traditional banking. We manage total assets of $1,142,756,705 and maintain a solid net worth of $104,986,046. Our focus is on providing valuable services that meet your needs whether that's through personal banking options like checking and savings accounts or financing solutions such as auto loans and mortgages. While you can always reach us directly at 866-786-6275, please note that for official correspondence, you may send mail to PO Box 16370, Albany, NY 12212-6370, if different from our physical location. Our leadership team is here to support you every step of the way. Led by CEO Jerilee Beaudoin and Board President Kristen Myers, we're committed to enhancing your financial well-being. As a member-focused credit union, we offer a range of services including online and mobile banking options, making it easier than ever for you to manage your finances conveniently. With total deposits reaching $52,400,888 and cash in hand at $9,962,388, we are equipped to assist you with loans totaling 50,472 across various categories. Join us at Sunmark where your financial goals matter! Visit us today or call to learn more about how we can help you achieve financial success.
Financial Strength
At Sunmark, 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 insights into our financial health, reflecting our commitment to serving you reliably. All 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 $104,986,046, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 9.18% 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 $330,700,261 in share certificates and $124,406,971 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 $96,407,328 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our capacity to support your financial goals is evident through our $13,779 in used auto loans and $981,738,508 in total loans and leases. Our operational efficiency is reflected in our $1,925,815, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 253 full-time employees and 2 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): $690,130. Total Share and Deposit Accounts: 158,166, 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, Sunmark is your trusted partner. Visit us at 24 Trieble Ave Ballston Spa Ny 12020 or call (866) 786-6275 to learn more about how we can help you achieve your financial goals.
