From ten members with $10 deposits in a cigar box, to a charter serving more than 30,000 members primarily across Ohio, Michigan and Pennsylvania, Sun Federal Credit Union has a rich history.
1950 – Tol-Sun Federal CU opens to serve Toledo Sun Oil employees with $100 in a cigar box.
1960 - At the end of the first year the Credit Union has over $98,000 in assets.
1964 - Total assets reach $1 million.
1968 - The Board of Directors opens membership to Sun retirees and family members
1971 - The Board of Directors opens membership to Sun Oil Company employees anywhere in Ohio, Michigan and Indiana. Total assets reach $2 million.
1973 - The CU begins batch data processing.
1975 - The CU celebrates its 25th anniversary. Total assets exceed $3.6 million.
1978 - The CU begins offering share draft (checking) accounts.
1979 - Total assets reach $10 million.
1981 - The CU moves to a new branch in Oregon, Ohio. Total assets reach $15 million.
1983 - The CU introduces Visa credit and debit cards, and ATM access. Total assets reach $20 million.
1985 - The CU merges Sun Employees CU of Philadelphia, Pennsylvania forming Sun Federal CU. Philadelphia and Radnor, Pennsylvania locations open. Total assets reach $25 million.
1988 - The CU starts MEMBERS Financial Services program (PLANAMERICA)
1991 - The Philadelphia Refinery branch opens. CU merges with TV Guide CU, adding 1,500 members and a satellite office.
1993 - The CU welcomes its first Sponsor (Select Employer) Group, GEM Industrial of Toledo.
1994 - Oregon Federal CU merges with Sun Federal CU.
1995 - Arrowhead, Toledo Cloverleaf and Defense Supply of Philadelphia Federal CUs merge with Sun Federal CU. Total assets exceed $100 million, and membership exceeds 20,000. The Arrowhead branch opens in Maumee, Ohio.
1996 - The CU starts the Simone Zajac Wealth Management Group, LLC (Simone Financial Services).
1999 - Northeast Philadelphia, Pennsylvania branch opens.
2000 - The CU partners with EPAK Atlantic Federal CU, adding a new branch in Sinking Spring, Pennsylvania. The branch moves to West Lawn, Pennsylvania later that year.
2003 - Philadelphia Orchestra Federal CU merges with Sun Federal.
2004 - Eagle Point and St. Anne Mercy Federal CU merge with Sun Federal, adding branches in West Toledo, Ohio and Westville, New Jersey.
2005 - The CU Support Center opens in Maumee, Ohio centralizing all back-office employees.
2006 - Members Capital CU (North West Federal Credit Union and Toledo Telephone Employees CU, Inc.) merges with Sun Federal, adding the Executive Parkway and Tremainsville branches in Ohio.
2009 - The CU begins the Business Solutions program and introduces Shared Branching
2012 - The CU opens a new branch at the Airport Business Complex in Lester, PA; Trailview Federal CU merges with Sun Federal, adding a new branch in Waterville, Ohio.
2013 – The CUForward Advisory Board is formed.
2014 – The CU welcomes Anthony Wayne Schools as a sponsor group.
2015 – Sun Federal CU debuts its new website; Suburban Federal CU and St. Mary's Assumption Parish Federal CU joins the Sun Federal family.
2016 – United Services Federal CU members are welcomed to Sun Federal CU
2017 – Sun Federal CU opens the first student-run credit union at Clay High School (Oregon, OH) and launches three new Visa Credit Cards
2018 - The members of AP Federal CU are welcomed into the Sun Federal family.
Sun Federal provides you with personal service and a secure, trustworthy and local place to save, borrow and invest in yourself and your community.
In the spirit of "People Caring About People," the Mission of Sun Federal Credit Union is to improve the quality of life for each member through a personal and professional service relationship that results in members for a lifetime.
These values are the promises we make to each other and to our members. They are not only our beliefs, but also the commitments that guide our behaviors and decisions.
We choose each day, in all of our interactions, to demonstrate our individual integrity and the character of our organization revealing the true heart and soul of who we are.
We choose to connect in fellowship, to build long lasting deep bonds that are essential to our mission of members for a lifetime.
We choose to be the best that we can be in everything we do, performing at the highest level of impact through a rigorous pursuit of continuous improvement.
We choose to serve others with humility and care, to proactively respond to requests and meet needs, in the context of creating financial freedom and long term security.
We choose to work together; valuing and respecting all individuals, living our shared vision and achieving our common goals.
The culture of Sun Federal is a living reflection and testimony of our mission and values. Through expressions of shared beliefs and thinking, our sincere motivations and behaviors inspire our employee-centric environment.
What We are:
What We know:
What We do:
Our President and CEO works with a board of seven member-elected volunteer Directors and our Associate Directors. Together, they review financial data, discuss strategy and ensure that, through our products and services, we are fulfilling your financial needs.
Volunteer Since 1990
Board Vice Chair
Volunteer Since 1982
Volunteer Since 1982
Board Member Emeritus
Volunteer Since 1980
Volunteer Since 2005
Volunteer Since 1984
Volunteer Since 1998
Volunteer Since 1998
Our volunteer Supervisory Committee oversees the credit union’s required annual audits and works with the National Credit Union Administration.
Here's what our members gained in 2017 in addition to great rates, products and trusting relationships...
Check out the magic!
The 67th Annual Meeting will be held on Saturday, April 28, 2018. On that date, two (2) of the seven (7) Board of Director seats will be filled pursuant to the Sun Federal Credit Union By-Law Election Procedures. The open seats will be for three-year terms.
The eligibility requirements to become a Nominating Committee nominee for Board of Directors are that the applicant must:
Members interested in becoming a Nominating Committee nominee as a candidate for the office of Board of Director in the 2018 Sun Federal Credit Union elections may do so by filing an application with the Chairman of the Nominating Committee.
Applications are available by calling 419.794.7534 or 800.786.0945, ext. 7534. Applications must be received by the Nominating Committee, at Sun Federal Credit Union, 1627 Holland Road, Maumee, OH 43537, no later than December 29, 2017.
Summary of the 2018 Annual Election Schedule
Pursuant to the Sun Federal Credit Union By-Laws, election of officers is by mail/electronic ballot. This affords every eligible member the opportunity to vote. In the event there is no more than one nomination for each available position, there being no seat contested, ballots will not be mailed out and parliamentary rule will apply and all nominees will be elected by acclamation at the Annual Meeting. There will be no nominations from the floor unless there is less than one nomination for each position available. The following is a summary of the relevant dates for the 2018 annual election:
December 29, 2017: Deadline for receiving applications for consideration as a nominee by the Nominating Committee.
January 26, 2018: The Nominating Committee files the names of all successful nominees with the Secretary and notifies all applicants as to whether or not they have been nominated. Secretary posts the names of all Nominating Committee nominees at each Credit Union office.
On or before February 12, 2018: Notice of the 2018 Election Procedures, delivered to all members with their statement, that includes procedures for seeking nomination as a candidate for a Board of Director seat “By Petition.”
March 19, 2018: Last day for nominations by petition to be filed with the Secretary of the Credit Union.
March 23, 2018: Nominations received by petition posted at each Credit Union office.
March 29, 2018: Mail/electronic ballots sent to members if any position is contested.
April 23, 2018: If any seat is contested,
mail/electronic ballots must be received by the “tellers of the election.”
April 28, 2018: Annual Meeting Celebration
Board of Directors, Incumbent
Les has been on the Sun Federal Board of Directors for eight years. He also served on the Radnor Advisory Board from 1997-2008 and as an Associate Board Member from 2008-2009. Les has 36 years of experience in the real estate property and management field and holds an Associate Degree from Bloomsburg University in Business Administration, as well as an Associate Degree in Real Estate from Phila Community College. Les has completed the required training to serve on the Board of Directors and his credit union volunteer service includes:
During Les' eight years of service on the Board of Directors, Sun Federal Credit Union has grown $125 million in assets and added 7,000 members.
Board of Directors, Incumbent
Tom has been on the Sun Federal Board of Directors for 31 years and currently serves as Vice Chairman. After 37 years of dedicated work, Tom retired from Sunoco. He has received a Bachelor of Arts degree from the University of Toledo. Tom has completed the required credit union training to serve on the Board of Directors and his credit union volunteer service includes:
During Tom's 31 years of service, Sun Federal Credit Union has grown $473 million in assets and added 30,000 members.