SUMA Federal Credit Union is a member-owned financial cooperative serving individuals who share a common bond, including residents and employees within the association’s field of membership. Established to provide financial services through a cooperative model, the organization operates as a nonprofit, member-governed institution that emphasizes accessible, locally oriented banking and lending solutions. Its structure centers on democratic governance, with members electing volunteer representatives to participate in important policy decisions and oversight.
The credit union’s historical development reflects its mission to support savings, affordable credit, and financial stability within the Stamford area. Core functions include safeguarding members’ deposits, processing routine financial transactions, and offering loan products designed to meet personal and community needs. Operationally, the organization maintains a local branch presence, adheres to regulatory standards for insured deposits, and implements risk management practices appropriate for a credit union framework. By aligning services with member interests, SUMA Federal Credit Union supports economic resilience and prudent financial management within its membership community.
Better than 88% of providers in Stamford
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SUMA Federal Credit Union is a verified financial service provider. This means we have confirmed their business information, contact details, and they have received customer reviews. You can trust this provider for your financial needs.
Find answers to common questions
SUMA Federal Credit Union is listed as a financial service provider in Stamford, CT and must follow both state and federal regulations that apply to this type of business. As with any financial provider, you should review the agreement carefully before signing, make sure you understand all fees and repayment terms, and only use official contact details from this page or the company's own website. Avoid sharing personal or payment information with anyone who contacts you unexpectedly and, if something seems unclear, ask SUMA Federal Credit Union to explain the terms in writing before you proceed.
To improve your chances of getting better terms from SUMA Federal Credit Union, be prepared with accurate information about your income, existing debts, and the amount you really need to borrow. If possible, check your credit history in advance, avoid late payments on other accounts, and consider offering collateral if the product allows it, as stronger overall finances can help you qualify for more favorable rates or fees. It's also a good idea to compare SUMA Federal Credit Union with other providers in Stamford and to ask directly about any current promotions, loyalty benefits, or ways to reduce the total cost of your loan.
SUMA Federal Credit Union has a rating of 4.9, which is better than 88% of providers in Stamford.
Requirements can vary by product, but for most visits you should be ready to bring a valid government-issued ID, proof of income (such as recent pay stubs or bank statements), and proof of address like a utility bill or lease. If you are applying for a title or secured loan, you may also need the vehicle title, registration, and insurance details, along with any other documents SUMA Federal Credit Union requests. It is always best to call ahead using the phone number on this page so SUMA Federal Credit Union can confirm exactly which documents you need for your specific situation.
In addition to its primary service, SUMA Federal Credit Union also offers: Credit union.