RateEdge.com is an online financial institution offering investors in the New York Capital District area a secure, convenient, straightforward way to save more by earning top-of-the-market yields on their savings, while making it easy to access their funds.

Like other online banks, we are able to offer exceptional rates because the online channel enables us to keep our overhead low, so that we can pass on the savings to our customers. Then again, RateEdge.com is different from other internet banks because we invest locally, which means that your Capital District community benefits directly.

Although RateEdge.com is an emerging player in the online financial market, our parent company — Sunmark Federal Credit Union — has been a part of the Capital District community for nearly 70 years. Sunmark, which was started in 1937 by and for GE Steam Turbine Plant employees, has grown to serve more than 47,000 members in a six county area (Albany, Montgomery, Rensselaer, Saratoga, Schenectady, and Schoharie) and has over 410 million dollars in assets.

RateEdge.com, a division of Sunmark Federal Credit Union, launched our internet-only business venture in September 2005 with a commitment to provide innovative savings opportunities for the local online community.