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 $4.3 billion in assets and has more than 205,000 members and 662 employees across 44 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 the Top Large Workplace in the Madison area for 2020 by the Wisconsin State Journal.
MADISON, Wis. — Summit Credit Union has entered into an agreement with Associated Banc-Corp to purchase Associated Bank’s Monroe, Wisconsin branch and deposit accounts located at 1420 11th Street in Monroe, Wisconsin. Loans and other non-deposit product relationships will be retained by Associated Bank.
MADISON, Wisconsin—Summit Credit Union recently ranked among the nation’s best in three major member categories, including greatest returns of members. The rankings, which are released annually by credit union research company Callahan & Associates, measure the performance of hundreds of credit unions nationwide across a variety of metrics.
MADISON, Wisconsin—Summit Credit Union, a Madison-based financial cooperative, is committed to advancing causes of diversity and inclusion in its communities. This dedication is underscored by a statement made by Summit CEO & President Kim Sponem affirming the financial cooperative’s belief in a credit union industry based on equity and the recent unveiling of a series of murals advocating for the creation of more diverse communities.
MADISON, Wisconsin—Summit Credit Union has announced its Cottage Grove headquarters earned the U.S. Green Building Council’s (USGBC) LEED Silver certification.
MADISON, Wisconsin—Summit Credit Union has launched its 12th Project Money competition with the announcement of its 2020 participants. From hundreds of applicants, four teams were selected to participate in this year’s program and will compete to reduce debt and increase savings on the way to achieving their financial goals.
MADISON, Wisconsin—Summit Credit Union has announced the winners of its 2020 Board of Directors Scholarships, Faust Scholarship and Credit Union Movement Scholarships. The awards are one of several ways the member-owned financial cooperative, which gives over $20,000 in scholarships to area students annually, supports continued education.