Medford, NY: In a continued effort to support the charitable work of local community organizations that serve the areas of Suffolk Federal Credit Union branch locations, the credit union announced donations of $1,000 to each of 10 nonprofit organizations. “As a community-focused credit union, we are proud to support a variety of wonderful causes in… Read more
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Medford, NY, September 15, 2021: Suffolk Federal Credit Union has announced new and reelected members of its Board of Directors. Tanya Palmore, Executive Director of North Fork Housing Alliance, Inc., joins the Suffolk Federal Board of Directors as a new member. Ms. Palmore has worked for North Fork Housing Alliance, which serves low- and moderate-income… Read more
Medford, NY, Sept. 24, 2021: Suffolk Federal Credit Union announced a donation of 1,100 pounds of nonperishable food to Helping Makes U Happy, a charity that aids the underprivileged in the community. In addition, Suffolk Federal and its members presented the organization with a $1,000 check. As a community-focused credit union, Suffolk Federal has a… Read more
Are you thinking about buying a home? We’re here to help! To begin, here are 8 terms that are essential to know. Closing Costs/Pre-paid You may hear these terms together (or interchangeably) in reference to the expenses you’ll pay at the time you close on your home. Pre-paids are payments that your lender will require you to provide… Read more
Suffolk Federal Credit Union has been named the #1 credit union on Long Island and the #2 credit union in New York State in a recent report from Forbes, cementing the Medford-based institution’s mission of delivering better banking for Long Island. The distinction comes from Forbes’ fourth annual report of America’s Best Credit Unions in… Read more
Long Island is a popular destination for homebuyers, and for good reason. With its unique blend of urban bustle, suburban security, and natural wonder, our area has something for everyone. Are you thinking about buying a home in Suffolk County or Nassau County? We’re here to help! To start off, here are five quick tips:… Read more
Suffolk Federal presented a series of College Scholarships to six deserving high school graduates who plan to attend Suffolk County Community College this fall. Scholarship award recipients were judged based upon their academic achievements, extracurricular and community activities as well as the quality of written essays. Suffolk Federal Scholarships: The following four Suffolk Federal Scholarship… Read more
Suffolk Federal Credit Union, headquartered in Medford, NY, has just announced that it has received approval for a community charter expansion by the National Credit Union Association (NCUA). This expanded charter will now allow the local NY credit union to offer its banking services in Nassau County, NY. With this approval, Suffolk Federal membership expands… Read more
Suffolk Federal Credit Union proudly partnered with the Federal Home Loan Bank of NY (FHLBNY) to secure grants from the Covid-19 Small Business Recovery Grant Program (SBRG). This program provides grants to organizations that have suffered a decrease in revenue as a result of the Covid-19 pandemic. Suffolk Federal supported several business and non-profit members… Read more
Suffolk Federal has announced the selection of Matthew Schettino as Senior Vice President of Marketing. In this role, Schettino will oversee the strategic development of Suffolk Federal’s brand and marketing strategy, including all aspects of member experience design, advertising and marketing communications as well as the enriched development of sponsor and community partnerships. “As we… Read more