summit-bracket2 bracket2 atm-outline location-pin-outline location-pin-filled atm-filled calendar2 bracket google-play[2] app-store summit-location-pin-lg code lock user worksheets phone print programs open pdf checkmark-form close-x close download checkmark-chart checklists blog-tools social-facebook social-google-plus social-pinterest social-twitter social-youtube ehl calendar calculators bracket22 checkmark email text-area-corner external-link success error information warning calendar-add-event auto-rates mortgage-rates home-equity new-certificates ncua summit-logo-itmoi arrow-left arrow-right checkmark2 summit-logo-white summit-bracket silhouette arrow-down arrow-up auto-rates2 blog calculators2 call ehl2 home-equity2 itmoi locate mortgage-rates2 new-certificates2 programs2 search summit-location-pin-sm tools clock

Summit Credit Union Pays $1.9 Million Dividend to Members

MADISON, Wis.—Summit Credit Union has declared a $1.9 million dividend to more than 46,000 of their members. Individual member cash payouts were based on the financial success of the credit union as well as how much the member saved and borrowed between Oct. 1, 2015, and Sept. 30, 2016.

“Our members find Summit Credit Union a great place to borrow and save. Summit has saved its members, collectively, over $23 million across 12 months over an average Wisconsin bank and, as part of that, issued a member dividend called Cash Boomerang,” said Kim Sponem, CEO and president. “We want our members to share in our success.”

Summit, the second largest credit union in Wisconsin with 34 branches in the greater Madison and Milwaukee region, has paid members more than $5 million in Cash Boomerang since the first payout in 2014.

For more information about Cash Boomerang, visit