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Summit Credit Union Ranked Top 4% Nationally In Financial Returns To Members

February 1, 2018 MADISON, Wis.—Summit Credit Union was recently ranked in the top four percent among the nation’s credit unions in a report measuring returns to members. Providing an overall ranking of financial returns to members, Summit was ranked seven out of 280 total credit unions surveyed in the $1–10 billion peer group.“We’ve always made giving back to members a top priority,” said Summit CEO & President Kim Sponem. “Being a not-for-profit organization allows us to give members better value, which in turn gives them more financial freedom in their daily lives. That’s what it’s all about.”In addition to the overall ranking, Summit ranked nationally in two other areas. The report found that the member-owned cooperative ranks second in the nation in the Return to Borrowers category, while placing 14th in Member Service Usage. Both marks were the highest among Wisconsin credit unions.Summit has also been named the #1 Mortgage Lender in Dane County for the past eight years.In October, the member-owned financial cooperative broke ground on its new 152,000-square-foot, six-story headquarter campus in Cottage Grove, which is set to open in 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...