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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 Summit Credit Union named Top Workplace in Madison, Milwaukee, and U.S., recognized for strong culture, engagement, and employee benefits... Summit Credit Union helps Wisconsin families achieve homeownership with up to $10K in down payment assistance... Summit Credit Union’s President and CEO Kim Sponem was recently featured on the Women of Community Banking podcast... Summit welcomed thousands of members and their families to Warner Park for its annual Summit Fest, blending its official Annual Meeting of the Membership... Summit Credit Union names Mike McCoy Chief Commercial Officer to advance commercial banking and support Wisconsin businesses... With $87 million in member benefits, Summit Credit Union remains the nation’s #1 credit union for Return of the Member... Summit Credit Union partners with LOVB Madison Volleyball to empower women athletes and advance equity in sports and finance... Kim Sponem calls for equitable pay practices, warning that lifetime pay gaps leave women at greater risk of retirement insecurity... Summit Credit Union earns the #1 national Return of the Member ranking again, highlighting its strong member value and financial impact...