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Summit Credit Union Announces $50,000 Challenge Gift To Urban League 1,500 Jobs, 1,500 Families Initiative

July 12, 2018 Madison, WI – Summit Credit Union announces a $50,000 Challenge Gift to Urban League's 1,500 Jobs, 1,500 Families Initiative. The donation will support the Urban League’s efforts to help train, place, and retain 1,500 low‐income job seekers into career pathway employment by 2020. Summit Credit Union has agreed to match dollar‐for‐dollar any donation made to the Urban League up to a total of $50,000. For first‐time donors to the Urban League, the company will match each dollar two‐to‐one. “We believe strongly in the work that the Urban League is doing,” said Summit Credit Union CEO & President, Kim Sponem. “Their pledge to place 1,500 people into jobs will have a huge ripple effect on the children in those households and the communities in which they live for generations to come.” The pledge is part of a $2,000,000 campaign to raise the funds needed for this project. The funds raised will go directly into job training, job placement, and job coaching services for 1,500 individuals over the next three years. The League is focused on serving individuals with barriers to employment such as limited educational credentials, inconsistent job histories, single parenthood, or criminal histories. “Summit Credit Union has been a great supporter of the Urban League for many years” said Urban League CEO Ruben L. Anthony, Jr. Over the years Summit Credit Union has provided financial literacy education to youth in ULGM’s afterschool programs, hired trainees from ULGM adult employment programs, hosted youth interns from ULGM summer programs, provided financing to first‐time homeowners in the ULGM housing program, and so much more. “We’re excited at the opportunity to turn our $50,000 into $100,000” said Sponem. “We want to make sure the community knows that that every dollar counts,” said Anthony. “For example, a $50 donation will buy a one‐month bus pass allowing an unemployed job seeker to get to and from job interviews or $500 will provide nationally certified job readiness training for an unemployed parent, and now, thanks to Summit Credit Union, that donation will double to serve TWO job seekers.” Donations can be made online at or by calling the Urban League at 608.729.1211. You might also be interested in MADISON, Wis. — Hannah Echols of Milwaukee, has just been revealed as the winner of Summit Credit Union’s Project Money Season 15. Along with three other contestant teams, Hannah spent the past seven months working with a Summit Credit Union financial advisor to take steps to meet her financial goals. MADISON, Wis – Jody Brown, a Financial Professional with Summit Financial Advisors, located at Summit Credit Union, has been named one of the “Women of Distinction” – a recognition that honors female financial representatives for superior performance and extraordinary efforts in promoting financial security. MADISON, Wis – The U.S. Small Business Administration (SBA) has named Summit Credit Union a 2023 leading small business lender in two different categories. Specifically, Summit received two awards for FY 2023; the most 7(a) loans by a credit union in Wisconsin and the greatest lender participation with 504 loans in Wisconsin. The credit union loaned more than $23,000,000 between these two SBA vehicles. Newsweek Magazine rankings based on member feedback and institution’s financial health MADISON, Wis – Newsweek Magazine’s 2024 list of America’s Best Regional Banks and Credit Unions included Madison-based Summit Credit Union as one of the top 250 credit unions. The rankings were based on a mix of consumer/member input and financial performance and stability factors. MADISON, Wis. – Summit Credit Union, a member owned financial cooperative, and StartingBlock, Madison’s startup hub, welcome seven women entrepreneurs into the 2023 cohort of the Summit Credit Union Fellowship for Women Entrepreneurs. This is an initiative designed to support, empower, and catalyze the growth of women entrepreneurs in the region. Summit giving back $2.66 million to members in 10th year of annual member giveback bringing total money provided to eligible members to $22.3 million. MADISON, Wisconsin — Summit Credit Union announced an annual patronage dividend, called Cash Boomerang, of $2.66 million to its members. The giveback is based on the cooperative’s financial success and on a member’s use of Summit’s checking, savings, borrowing services, as well as their length of membership. MADISON, Wis -- Summit Credit Union has provided its full 2023 allotment of $700,000 in grants from the Federal Home Loan Bank of Chicago to eligible homebuyers, supporting their down payments, closing costs, or pre-paid expenses. MADISON, Wis. — Summit Credit Union, a member-owned financial cooperative, is the top mortgage lender in the state of Wisconsin this year, according to data collected under the Home Mortgage Disclosure Act (HMDA). Based on 2022 HMDA (Home Mortgage Disclosure Act) data, released at the end of June 2023, Summit provides more mortgages than any other mortgage lender in Wisconsin. Credit Union consumers took part in the Forbes and Statista survey and ranked credit unions on trust, terms & conditions, branch services, digital services, customer services and financial advice. Featured Products Certificates Checking Accounts Home Equity Loans Home Loans Business Banking Certificates Checking Accounts Home Equity Loans Home Loans Business Banking Financial Education Upcoming Events Programs Tools & Calculators On-demand Webinars Podcasts Upcoming Events Programs Tools & Calculators On-demand Webinars Podcasts About Equity in Money™ About Summit Careers News Community Giving Equity in Money™ About Summit Careers News Community Giving Help & Support Contact Us Member Support Center Schedule an Appointment Find a Branch Contact Us Member Support Center Schedule an Appointment Find a Branch Please read the following before proceeding to: The website you are about to visit is solely the responsibility of the merchant or other party providing the site. 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