trending Market Intelligence /marketintelligence/en/news-insights/trending/C3YVBrWBLQFAiE7ETVYuYw2 content esgSubNav
In This List

Sunmark, Hudson Heritage complete conversions to state credit union charter

Blog

Banking Essentials Newsletter: 22nd March Edition

Blog

Bank failures: The importance of liquidity and funding data

Blog

Staying Strong in Volatile Markets: How Banks Can Overcome Challenges to Funding and Lending

Blog

Silicon Valley Bank Uncovering Regional Bank Stress with Equity Driven Credit Models


Sunmark, Hudson Heritage complete conversions to state credit union charter

Latham, N.Y.-based Sunmark FCU and Middletown, N.Y.-based Hudson Heritage FCU on Jan. 1 completed their conversions to state-chartered credit unions from federally chartered credit unions.

Sunmark CU previously said federal regulators approved its conversion to a state charter. Hudson Heritage CU said on its website that its members and regulators approved the conversion.

As of Sept. 30, 2019, Sunmark CU had total assets of $729.9 million and Hudson Heritage CU had total assets of $424.8 million, according to S&P Global Market Intelligence data.