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
Category: In the News
Suffolk Federal Credit Union Announces A Community Charter Expansion To Nassau County
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 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
Dive Into Suffolk Federal’s New Sharks Checking Account To Make a Difference for Suffolk County’s Future Leaders
Suffolk Federal is putting its ‘fins up’ as it introduces the brand-new Sharks Checking Program, designed to give back to the Suffolk Community College Foundation and Suffolk County Community College students. In addition to earning exceptional rewards, new and current members who open a Sharks Checking account will assist in providing scholarships to incoming students… Read more
Suffolk Federal Highlights 5 Tips to Better Banking Anywhere in the World
Cutting-Edge Technology Makes Financial Management More Efficient As the words ‘virtual’ and ‘technology’ become an essential part of our everyday language, credit unions are proactively responding by providing a better banking experience through online and mobile offerings. “Advances in banking technology combined with the national pandemic have changed how people go about their lives and… Read more
Suffolk Federal Credit Union Announces Partnership with GrooveCar
As Long Island reopens and more people begin preparing to go back to their daily lives, auto dealers are beginning to see an increase traffic at their dealerships. As this trend continues, and as we adjust to the new normal, Suffolk Federal has partnered with GrooveCar to assist their members with their auto purchases. Members… Read more
Suffolk Federal Names Michele Dean As New President & Chief Executive Officer
Suffolk Federal has announced the selection of Michele Dean of Smithtown as President and Chief Executive Officer. She is the first woman to serve in this position in Suffolk Federal’s 52-year history. Dean will provide strategic leadership, tactical oversight, and comprehensive direction of day-to-day operations consistent with Suffolk Federal’s vision and mission. She will succeed… Read more
A Message from the President & CEO
To Our Valued Members, At Suffolk Federal, we understand that many of our members and their families are struggling during this unprecedented time. We as a community, are not only forced to manage our finances differently, but also learn new ways of dealing with ‘the new normal’ like working from home, helping children with online… Read more
