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SUMMIT NEWS

Your news library for everything Summit - from exciting developments as a co-op to how we're supporting financial and overall wellness in our communities for positive change. Read on for Summit-issued updates and sourced news coverage highlights.

Journalists, this way to our Press Room

Woman stepping on steps of money
Creating Long-Term Financial Security
BRAVA asked Summit Credit Union’s financial experts what strategies they recommend to create more financial security, not just for today’s needs but also years into the future. Summit CEO and President Kim Sponem says Summit’s passionate about helping all members build wealth to make that financial security happen — but specifically women, who generally have less saved in retirement than men.
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Brava blog
8 Money Habits To Adopt Now
There was a time when women were rarely involved in the financial matters of their family. In fact, it’s wild to think that before 1974, women couldn’t even open a credit card in their own name — they had to have a male spouse or a man in their life cosign for an account. Today, however, things are different — women have taken the proverbial reins of their financial health seriously, and for good reason.
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UW Patio
Summit Credit Union signs NIL deals with UW student-athletes
Summit Credit Union is the latest Wisconsin financial institution to sign name, image and likeness (NIL) deals with Wisconsin student-athletes.

Madison-based Summit Credit Union signed NILs with University of Wisconsin-Madison student-athletes for its new financial wellness ambassador program. The program seeks to increase student-athletes' financial wellness education through social media.
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Group talking at a table
Kim Sponem: Accelerate Pay Progress for Women
Equal Pay Day on Tuesday reminds us of the increasing challenges facing our state and nation in ending pay inequality between men and women. As a community known for championing women, Greater Madison can lead the way to progress.

In Wisconsin, women earn 80 cents for every $1 earned by men, according to the Institute for Women’s Policy Research. It estimates that at the current rate, women in Wisconsin will not receive equal pay until 2067.
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Top Mortgage Lender
Summit tops mortgage lenders in Wisconsin
Wisconsinites are big on using local mortgage lenders and Summit Credit Union tops the list – both for overall mortgage lending and refinances for existing homeowners. See more on the rankings in this article from The Truth About Mortgage.
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Center for Black Excellence
Bold plans, extraordinary giving are forging a new South Madison
Madison has never seen anything like this.

Ambitious initiatives happening at once -- Madison Area Technical College's Goodman South campus, nonprofit One City Schools, the Urban League of Greater Madison's Black Business Hub, the Center for Black Excellence and Culture, a new Centro Hispano, and Mount Zion Baptist's Family Life Center -- promise to raise the South Side and the Black and brown experience in a city notorious for racial disparities and inequity.
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