Sep, 30, 2025 — SUNMARK CREDIT UNION is a federally insured state chartered credit union headquartered in LATHAM, NY with 16 branch locations and about $1.21 billion in total assets. Opened 89 years ago in 1937, SUNMARK CREDIT UNION has about 89,943 members and employs 269 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SUNMARK CREDIT UNION |
|---|---|
| Address: (Main Office) | 1187 Troy Schenectady Rd LATHAM, NY 12110-1086 |
| Phone: | (866) 786-6275 |
| Fax: | |
| Website: | https://www.sunmark.org |
| Branches: | 16 branch locations |
| Members: | 89,943 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68710 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,208,918,975 |
| CEO/Manager: | Jerilee Beaudoin |
| Chairperson: | Matthew Cusack |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 113,592,789 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 4,310,071 |
| Real Estate Loans | 658,248,719 |
| Unsecured Loans | 68,015,993 |
| Other Loans | 221,599,774 |
| TOTAL LOANS | 947,864,486 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,271,750 |
| Land And Building | 22,289,104 |
| Other Fixed Assets | 6,063,962 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 9,821,842 |
| All Other Assets | 971,531 |
| TOTAL ASSETS | 1,208,918,975 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 729,513 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 48,344,456 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 244,057,636 |
| Regular shares | 333,191,762 |
| All Other Shares & Deposits | 480,087,350 |
| TOTAL SHARES & DEPOSITS | 1,057,336,747 |
| TOTAL LIABILITIES | 1,106,462,727 |
| Regular Reserve | 0 |
| Other Reserves | 45,165 |
| Undivided Earnings | 102,411,083 |
| TOTAL EQUITY | 102,456,248 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,208,918,975 |
| INCOME & EXPENSE | |
| Loan Income | 41,453,383 |
| Investment Income | 3,830,688 |
| Other Income | 8,303,262 |
| Total Employee Compensation & Benefits | 18,669,062 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 20,148,627 |
| Non-operating Income & (Expense) | -150,132 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,542,061 |
| Cost of Funds | 12,650,574 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,573,276 |
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