Sep, 30, 2025 — SUMA YONKERS FEDERAL CREDIT UNION is a federal credit union headquartered in YONKERS, NY with 6 branch locations and about $449.05 million in total assets. Opened 62 years ago in 1964, SUMA YONKERS FEDERAL CREDIT UNION has about 9,418 members and employs 45 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SUMA YONKERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 125 Corporate Blvd YONKERS, NY 10701 |
| Phone: | (914) 220-4900 |
| Fax: | (914) 220-4090 |
| Website: | https://www.sumafcu.org |
| Branches: | 6 branch locations |
| Members: | 9,418 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 16360 |
|---|---|
| Membership Type: | Multiple common bond - Primarily faith based |
| Corporate Credit Union: | No |
| Year Opened: | 1964 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $449,046,169 |
| CEO/Manager: | Andrij G Burchak |
| Chairperson: | Andrew S Horbachevsky |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 16,126,659 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 288,386,540 |
| Unsecured Loans | 3,235,784 |
| Other Loans | 14,597,032 |
| TOTAL LOANS | 318,581,870 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,065,077 |
| Land And Building | 4,421,596 |
| Other Fixed Assets | 301,453 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,996,772 |
| All Other Assets | 0 |
| TOTAL ASSETS | 449,046,169 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 604,309 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 31,169,211 |
| Regular shares | 81,199,393 |
| All Other Shares & Deposits | 280,801,742 |
| TOTAL SHARES & DEPOSITS | 393,170,346 |
| TOTAL LIABILITIES | 393,774,655 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 55,271,514 |
| TOTAL EQUITY | 55,271,514 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 449,046,169 |
| INCOME & EXPENSE | |
| Loan Income | 10,926,561 |
| Investment Income | 3,601,487 |
| Other Income | 766,849 |
| Total Employee Compensation & Benefits | 3,197,198 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,858,260 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 50,000 |
| Cost of Funds | 7,392,714 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,058,440 |
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