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Summit Credit Union Fuels Young Adults Pursuing Higher Education

January 30, 2018 Local member-owned lender to award three $1,500 scholarshipsMADISON, Wis.— Summit Credit Union is now accepting applications for its annual Board of Directors Scholarships, which reward members who are high school seniors or currently enrolled in college. Each year, the Board of Directors Scholarships awards three $1,500 continuing education grants to help its young adult members pursue higher education and enrich their lives for years to come.“At Summit, we believe in the power of education to fuel a richer life for anyone who wants to learn,” said Summit CEO & President Kim Sponem. “We give scholarships to empower our younger members to go after the lives they imagine. It’s our way of showing we really believe in students, and we’re here to support them.”Applications must be submitted to Summit Credit Union via postal mail by Wednesday, Feb. 28. External credit union professionals will review applications throughout the month of March. All applicants will be notified of their submission status by April 28, 2017, with winners being announced at Summit’s annual member celebration, Summit Fest, in May. To be eligible for consideration, students must be members of Summit Credit Union as of Jan. 1, 2018, through an individual or joint account and have a cumulative GPA of 3.0 or higher.Summit supports area youth through a variety of other initiatives including their three in-school branches at Madison East, Memorial and La Follette high schools.Over the past two years, Summit has given nearly $40,000 in scholarships to students throughout Madison and Milwaukee. For more information about the Board of Directors Scholarships and to download an application, visit . 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...