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This page is dedicated to keeping you informed about Syracuse Federal Credit Union's merger with The Summit Federal Credit Union. We want to keep you as updated as possible, so please check back often to find out new information as we move forward!
The Merger Process and What's Ahead
On January 1st, The Summit merged with the Syracuse Federal Credit Union, however The Summit won't officially operate Syracuse FCU until April 1st. At that time, Summit signs will be posted on all of our branches, Summit account numbers will be established and staff will be properly trained to maintain our high levels of personalized service to all members. Syracuse staff has been busy rotating through training courses on The Summit's computer system and familiarizing themselves with their products and services, many of which will be new and exciting for you.
In addition, there will be many new benefits that we believe will be of value to you. There will be new convenient branches, plus many shared branches and surcharge-free ATMs available. We'll specifically outline this information in upcoming Newsletter articles and in other ways to keep you totally informed. This merger will be great for you in the short and long term due to the resources and additional products and services that will be offered by The Summit. To learn more about The Summit's philosophy about serving members and the community, click here.
Temporary Branch Closure: Syracuse FCU branches will be closed on 3/31 and 4/1 in preparation for the merger. Learn more.
Mailing Schedule
You'll be receiving a variety of mailings from us in the coming months welcoming you to The Summit. These mailings will provide a great deal of information regarding our services as well as your new Member Account number and PIN number.
1. Welcome and Disclosures Mailing, including:
2. IRA Mailings, including:
If you have a Traditional IRA:
If you have a Roth IRA:
If you have a Coverdell ESA:
3. Member Account Information and Account Number Mailing, including:
4. PIN Number Mailing, including:
5. Syracuse Online Bill Pay Mailing (to members who currently have Bill Pay), including:
6. Duplicate Visa Debit/ATM Card Mailing (to members who may have received multiple Visa Debit/ATM cards), including:
7. Insurance Mailing (to members who have life and/or disability insurance on their HELOCs, overdrafts and VISAs), including:
Please check back often for details on future mailings.
Branch Locations
Currently available to you:
Syracuse
- Cicero, 6091 Route 31
- Cortland, 143 Main Street
- Liverpool, 4336 Wetzel Road
- Syracuse/Civic Center, 421 Montgomery St., lower lobby
- Syracuse/Federal Bldg., 525 Federal Building, downtown
- Syracuse, 728 East Genesee St., downtown
- Syracuse, 1400 Erie Blvd. East, near Syracuse University
Starting April 2nd you'll also have access to these Summit branches:
Seneca Falls
- Seneca Falls, 123 Fall Street
Rochester 
- Brighton, 1660 Monroe Avenue
- Greece, 100 Marina Drive (Corporate Office)
- Henrietta, 3333 West Henrietta Road
- Hilton, 41 Hovey Square
- Irondequoit, 2121 Hudson Avenue
- Penfield, 2146 Penfield Road
Buffalo
- Clarence, 5641 Transit Road
- Delaware/Hertel, 2290 Delaware Ave
- Kenton, 642 Sheridan Drive
Also starting April 1st, you will have access to nearly 50 CU Service Center shared branch locations in the Syracuse, Rochester and Buffalo areas. Plus, you will be able to conduct your transactions at nearly 4,000 credit union shared branching locations across the country, all with no fees. For more information about CU Service Centers please click here.
FAQ's About the Merger
You have questions? We have answers! Please click here to view our Frequently Asked Questions piece.
Post Merger
Following the joining of the two organizations, The Summit will have a combined 80,000 members in Syracuse, Seneca Falls, Rochester and Buffalo. We will also have over $620 million in assets along with 17 branch locations across all of these cities. All of the Syracuse branches will remain open in their current locations and virtually all employees have agreed to stay on with the new organization, most in their current positions.
Messages From The Presidents About the Merger
"We're very confident having The Summit as a partner," said Joseph Mariani, retired President and CEO of Syracuse Federal Credit Union. "They really understand what it is to be a credit union, plus they share our values, have a similar culture to our own, enjoy a great reputation locally and nationally, and deliver outstanding member service." Mariani concluded, "As a result of this merger, our members will continue to enjoy the same excellent service that they are used to, plus benefit from more convenience and access to a wider array of products and services than ever before."
 Michael S. Vadala, President and CEO of The Summit, is a
Syracuse native and graduate of Syracuse University. He stated,
"The Board and Management of Syracuse FCU did a great job for
their members for many years. We are honored to know that the
Board, Management and Members trust us to continue meeting the
financial needs of their members, and those members will be a
great addition to The Summit family. In addition, we are keenly
aware of the rich history of the credit union and the many member
groups that make up Syracuse FCU. We are excited to serve these
members for years to come and pledge to be responsive to their
individual needs."
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