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Summit Credit Union Tops Mortgage Lending In Wisconsin

May 10, 2021 Madison-based financial cooperative leads state, helps 16,615 consumers with home lending in 2020MADISON, Wis.— For over a decade, Summit Credit Union has been the #1 Mortgage Lender in Dane County. Now, according to new data collected under the Home Mortgage Disclosure Act (HMDA), the member-owned financial cooperative has become the top mortgage lender in the state of Wisconsin by funding the most home loans statewide in 2020.“We’re proud to be the #1 home lender in the state of Wisconsin,” said Summit Credit Union CEO & President Kim Sponem. “What’s so rewarding is that we have been able to help thousands of members buy their first home, finance their move to a new home, make home improvements or simply save thousands on their mortgage payments by refinancing. That’s really what we’re all about at Summit – helping people own their financial future. For us, it’s not about being the biggest in terms of dollars lent out, it’s about helping the most people.”Data was collected under the HMDA, a federal law requiring annual disclosure of mortgage data by financial institutions and reported by the Consumer Financial Protection Bureau (CFPB).*Summit provides mortgages and Home Equity Loans and Lines of Credit (HELOCs) throughout Wisconsin. The financial cooperative offers access to Mortgage Loan Officers at its 44 branch locations, online and via video appointments, maximizing convenience and offering greater flexibility to members.To learn more about financing a home loan, or to get in touch with a Summit Mortgage Loan Officer, 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...