The Museum of Historical and Local Lore Studies of the SumDU was founded in 2008 on the initiative of the candidate of philological sciences V.B. Zvagelsky. The materials of the museum were collected by SumDU scientists and students during expeditions and field researches. The collection of the museum consists of more than one thousand exhibits, including archeology, ethnography, illustrations, photo materials, which chronologically cover the period from the late Paleolithic to the present. Of particular value are rare materials of archaeological excavations of the monuments of the Kievan Rus, ethnographic artifacts of the nineteenth century and documents of the Great Patriotic War times.

Museum of the History of Money SumDU was opened in 2006.

The museum's exposition is based on the chronological principle from the appearance of the first money to the present. Collections of paper money (bon), coins, securities of the Russian Empire, the USSR, and Ukraine during the period of independence are presented. The history of the development of the banking system in the Sumy region is represented by the photographs of prominent financiers and banking institutions operating in the territory of our region at the end of the nineteenth and early twentieth centuries. Models of counting equipment, personal belongings of employees, and bank documents are of historical value.