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
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Suffolk Federal Partners with Federal Home Loan Bank of New York to Secure Grants
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 Credit Union Names Matthew Schettino Senior Vice President of Marketing
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
Suffolk Federal Credit Union Names Christopher B. Welga Vice President of Risk Management
Suffolk Federal is pleased to announce the appointment of Christopher B. Welga as Vice President of Risk Management. In this role, Welga is responsible for monitoring and assessing the credit union’s operational and strategic risk. His responsibilities include oversight of compliance, fraud prevention and security resources as well as the development and implementation of business… Read more
Start Your Engines – Understanding the Auto Buying Process
As the weather warms up, it’s an excellent time to go for a drive. And, if you’re hitting the road, it can be a great feeling to do so in a new car. Of course, there’s more to buying a new car than showing up at the dealership and taking a test drive. As with all major decisions, it… Read more
Avoiding Fraud
With everything that 2020 has thrown at us, the last thing you need is for credit card fraud to ruin your holidays. Of course, there’s never a good time to deal with credit card fraud, but at the end of a tumultuous year, it makes sense to try and enjoy the holidays as much as… Read more
The Smart Money’s With You: Tips for Financing College
The 2020–21 school year may be different from any before, but the Class of 2021 is still marching on toward high school graduation. That means it’s still college application season, and before long, students across our community will be receiving those highly anticipated envelopes in the mail. Of course, getting that long-awaited “Yes” from the… Read more
Photography Calendar Contest Winners!
Thank you to all the Shutterbugs for your submissions to our Photography Calendar Contest! Winning photos are featured in Suffolk Federal’s annual calendar distributed to membership (while supplies last) and on display in our Medford headquarters. All submissions can be viewed in our 2020 Digital Gallery Book! Congratulations to all!
Explaining Mobile Banking to Older Relatives
Mobile banking is a convenient, secure way to manage your finances anytime, anywhere—but many of us may not realize how difficult it may be for older generations. While smartphones are an ingrained part of your daily life, many seniors don’t have as much experience with navigating apps on a regular basis. This could make them… Read more
Suffolk Federal Supports North Shore Youth Council
In an effort to support the charitable work of local organizations that serve the areas of Suffolk Federal branch locations, the credit union has identified nonprofit organizations to provide financial support to. In Miller Place, Branch Manager Lillian Iorio presents a $1,000 contribution to North Shore Youth Council. “Supporting North Shore Youth Council is more… Read more
