SUFFOLK, N.Y.–As it marks its 50th anniversary, Suffolk Federal Credit Union said it has also hit the $1-billion in assets threshold.
To mark its birthday, the credit union is planning a 50th anniversary celebration later this year at its headquarters and Medford, N.Y. branch, and also planning a nine-month long “Celebrate & Do Good” promotion at each one of its branches. That campaign will benefit Long Island Cares and the Harry Chapin Food Bank.
“This is a very important milestone in our history,” said Ralph D. Spencer, Jr., president and CEO. “Suffolk Federal continues to fulfill our mission and grow each year thanks to the focus of our leadership, incredible trust from our growing membership, and the everyday efforts and service from our employees, our board of directors, supervisory committee and other volunteers. We are committed to and understand that each member has a personal vision of financial success. Suffolk Federal’s goal is to be a positive partner who provides high-quality products, exceptional services, fosters strong community relationships and who makes a difference in the lives and businesses of our members.”