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Summit Credit Union
Best of Madison Profile
Best Wisconsin Credit Union | Gold Winner
Best Mortgage Company | Gold Winner
Summit Credit Union: Working For Our Members
Established during the credit union movement, originally called CUNA Credit Union, Summit Credit Union has been providing exceptional financial service to Madison-area members since 1935.
Summit offers everything you would expect from a financial institution, with added benefits such as education, tools, one-on-one coaching, and innovative programs to help you get your money right and maintain stability. In fact, research shows that Summit members save more money than those who use the average Wisconsin bank.*
“We believe that the more you know, the greater control you have, the fewer financial worries you have, which means less stress, better health and a more stable personal life,” said Kim Sponem, President and CEO of Summit Credit Union. “That makes you happier and able to focus in on the really important, outside-of-work, rest of your life.”
Members who work with Summit have been supported through buying homes, starting businesses, turning their credit ratings around, and getting through financial rough patches. Because members are able to count on Summit, more people in Dane and Columbia Counties choose Summit for their first and second mortgages than any other lender.**
“We exist only for the benefit of our members. We are not owned by stockholders,” said Sponem. “Our board of directors is made up of members elected by our members. When our members succeed, we succeed.”
By working toward the simple goal of improving members’ lives, Summit, in turn, advances financial stability in the communities it serves. “We are a leader in the communities we serve and that strengthens the communities where our members live and work, which strengthens our member’s lives, too,” said Sponem. “We make it fast, easy, and more fun to make a better financial life — something you can’t get everywhere.”
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*Savings over the average cost of doing business with a for-profit banking institution in WI. CUNA Economics & Statistics Department, customized analysis of member benefits for Summit Credit Union, for 12 months ending December 31, 2018. **#1 mortgage lender based on number of mortgages recorded with Dane County register of deeds.
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