LATHAM, NY (September 2, 2022) — Sunmark Credit Union, a full-service, community-chartered credit union serving New York through financial services and education, announced today that it has exceeded $1 billion in assets, a significant milestone in the credit union’s history. The milestone comes as Sunmark celebrates its 85th anniversary in 2022.
Sunmark President & CEO Frank DeGraw said, “This is a remarkable achievement over a relatively short period of time, considering it took 78 years to grow to $425 million in assets. The dedication of the entire Sunmark team allowed us to achieve this amazing growth while delivering the highest levels of member service and remaining financially sound.”
Along with the growth in assets, Sunmark has also increased its membership to over 87,000 members and the number of branches to 17. These numbers will grow with the planned opening of a Sunmark location in Glenmont, N.Y. later this year, and one in Wilton, N.Y. in 2023.
In addition to more branch locations, Sunmark continues to add to their suite of product and service offerings and remains committed to technology investments and enhancements. DeGraw added, “Even with this exciting growth, Sunmark remains small enough to know our members, but big enough to meet all of their financial needs.”
Since 1937, Sunmark Credit Union ($975 million in assets; 80,000+ members) has been helping members improve their financial position. Sunmark is committed to the financial health and well-being of each member by offering tools that educate and inform and products and services that make it easier to reach financial goals. For more information, call 518-382-0605 or visit www.sunmark.org.
Anthony Auspelmyer
518.730.9044
anthony.auspelmyer@sunmark.org
