Press Room Library
About Summit Credit Union:
Established in 1935, Summit Credit Union is a member-owned financial cooperative. Summit is the 2nd largest credit union in Wisconsin and holds $4.4 billion in assets and has more than 209,000 members and 679 employees across 45 locations throughout south-central and southeastern Wisconsin. Kim Sponem has been CEO & President of Summit Credit Union, and its predecessor organization, CUNA Credit Union/Great Wisconsin Credit Union, since 2002. Recognized for its excellence in employee engagement, Summit was named a Top Workplace in the USA in 2021 by Top Workplaces USA and the Top Large Workplace in the Madison area for 2020 by the Wisconsin State Journal.
MADISON, Wis.—In a year that presented incredible challenges to small businesses, Summit Credit Union has been awarded the 2020 Wisconsin Small Business Administration (SBA) Lender Award by the SBA. This is the tenth consecutive year Summit has won the award, which is given to the credit union with the most approved 7(A) small business loans in Wisconsin.
MADISON, Wis.—Summit Credit Union, a Madison-based financial cooperative, is now hosting COVID-19 testing at its Cottage Grove headquarters, located at 1709 Landmark Drive. The free drive-thru testing service is part of a partnership with testing provider JangoDX and the Wisconsin Department of Health Services (DHS).
MADISON, Wis.—Summit Credit Union, a Madison-based financial cooperative, has been named one of the nation’s best workplaces in 2021. The list, released for the first time by Top Workplaces USA, celebrates companies across the country with exceptional employee engagement and company culture.
MADISON, Wis. — Summit Credit Union is continuing its history of supporting students’ educational dreams, as the annual Board of Directors Scholarship program is now accepting applications. Each year, the financial cooperative awards a $1,500 grant to three students in their senior year of high school or currently enrolled in college or technical school.
MADISON, Wis.—Summit Credit Union, a member-owned financial cooperative, has announced an investment to support the Dane Workforce Housing Fund. The Fund, established and managed by Madison Development Corporation, is intended to address Dane County’s workforce housing crisis by developing and sustaining affordable units throughout the county.
Financial cooperative’s Cash Boomerang program shares record payout
MADISON, Wis.—In the midst of uncertainty resulting from the COVID-19 pandemic, Summit Credit Union has announced a patronage dividend of over $2.5 million to its members.