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Summit Credit Union Empowers Student Members To Pursue Higher Education
January 31, 2019
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Press Room
Member-owned financial cooperative to award three $1,500 scholarships to Madison-area students**MADISON, Wis.****—**Summit Credit Union is now accepting applications for its annual Board of Directors Scholarships, awarded to members who are high school seniors or currently enrolled in college. Each year, the Board of Directors Scholarships award winners with a $1,500 continuing education grant, helping young members pursue higher education and enrich their lives for years to come.“We understand the importance of supporting our youth and the opportunities higher education can offer them,” said Kim Sponem, Summit CEO & President for 17 years. “The Board of Directors Scholarships are our way of showing our hard-working students that we believe in them and want to help them pursue their dreams.”Applications must be submitted to Summit Credit Union via postal mail or dropped off at Summit’s Rimrock Road location by Thursday, Feb. 28. External credit union professionals will review applications throughout the month of March with all applicants being notified of their submission status via phone or email on or before April 26, 2019. Winners will be announced at Summit’s annual member celebration, Summit Fest, in the spring.To be eligible for consideration, students must be members of Summit Credit Union as of Jan. 1, 2019, through an individual or joint account and have a cumulative GPA of 3.0 or higher.Summit supports area youth through a variety of initiatives including three in-school branches at Madison’s East, Memorial and La Follette high schools.Over the past three years, Summit has given over $60,000 in scholarships to students throughout Madison and Milwaukee. For more information on the Board of Directors Scholarships and to download an application, visit
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COTTAGE GROVE, WI – Summit Credit Union, headquartered in the Village of Cottage Grove, has pledged a $100,000 grant to “The Next Chapter” Library Capital...
Summit Credit Union Named to Newsweek’s America’s Best Regional Banks and Credit Unions 2025
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Madison, Wisc. – Summit Credit Union, a member-owned financial cooperative, announced today that it is recognized, for the second consecutive year, as...
Summit and Kim Sponem Included in Cornerstone's 2024 GonzoBanker Award Winners
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SCOTTSDALE, Ariz., Dec. 31, 2024 /PRNewswire/ -- , a leading management and technology consultancy for banks, credit unions and fintech firms, has announced...
Summit Credit Union 2024 Fellowship for Women Entrepreneurs
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Madison, Wisc. - StartingBlock Madison, the city's premier hub for startups and innovation, is proud to announce a continuing partnership with Summit Credit...
More than 8 Tons Shredded at Summit Credit Union’s ShredFest
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Madison, Wisc. – Summit Credit Union, a member-owned financial cooperative, hosted its annual ShredFest on September 28. Held in partnership with the Better...
Summit Credit Union Awarded on the Forbes America’s Best-in-State Credit Unions 2024
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Madison, Wisc. – Summit Credit Union, a member-owned financial cooperative, has been awarded on the Forbes list of America’s Best-In-State Credit Unions...
Summit Credit Union Remains Wisconsin’s #1 Mortgage Lender
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Madison, Wisc. – Summit Credit Union, a member-owned financial cooperative, is again the top mortgage lender in the state of Wisconsin, according to data...
The Center for Black Excellence and Culture to Hold Groundbreaking Ceremony on June 19
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MADISON, WIS. — May 28, 2024 – Since its announcement in 2020, The Center for Black Excellence and Culture (The Center) has encouraged Madison’s Black...
Summit Credit Union Names Season 15 Project Money Winner
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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...
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* The Wisconsin's #1 Mortgage Lender designation is based on the number of loans in 2023, gathered from the Home Mortgage Disclosure Act data compiled annually by the Consumer Financial Protection Bureau. The results of the data were obtained through the