Skip to main content

Summit Credit Union Opens Full-service Branch On Monona Drive

December 14, 2017 MADISON, Wis.— Summit Credit Union’s full-service branch in a contemporary-style new building at 5809 Monona Drive opened on December 13. The 3,700-square-foot branch, which includes four drive-up lanes and 19 parking spaces, is next to the Silver Eagle Bar and Grill.Lobby Hours are 8:30 am–5 pm Mon–Thur; 8:30 am–6 pm Fri and 9 am–12 pm on Sat. Drive-up lanes are open from 7:30 am–6 pm Mon–Fri and 8:30 am–1 pm Sat.A grand opening celebration is planned January 15-31.Heidi Segerson previously at Summit’s Westport branch has been named manager. The staff of seven includes mortgage loan officer and Summit Financial Advisor.Kim Sponem, CEO & President of Summit Credit Union, said the credit union is looking forward to opening the highly visible location to be more convenient. “We’re excited about being a part of the Monona community with our full service branch.” said Sponem. “On average, Summit members save an average of nearly $300 per household versus using a typical Wisconsin bank, so we look forward to bring that savings to even more Monona residents.”Average member household savings data is based on a Customized Analysis of Member Benefits conducted by the CUNA Economics and Statistics Department for Summit Credit Union for the twelve month period ending December 31, 2016.The Monona location brings the total to 34 branches for Wisconsin’s second largest credit union with $2.8 billion in assets.Summit Credit Union also recently broke ground for a six-story, 152,000 square foot corporate headquarters and campus in Cottage Grove, which will also include a full service branch, expected to open in spring, 2019. 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...