Summit Credit Union Madison WI | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Summit, your trusted financial partner located at 670 W Washington Ave, Madison, WI 53703. Since our establishment in 1935, we have proudly served the community with a commitment to excellence and member satisfaction. With over 264,000 members and total assets exceeding $7.4 billion, we are dedicated to providing tailored financial solutions that meet your unique needs. At Summit, we understand that every financial journey is different. That's why we offer a wide range of services, including personal banking, auto loans, mortgages, credit cards, and business banking options. Our team of nearly 900 employees, led by CEO Kim Sponem and Board President Dan Kaiser, is here to guide you through every step of your financial decisions. While you can visit us at our branch for personal service, official correspondence should be directed to our mailing address: PO Box 8046, Madison, WI 53708-8046. We also have convenient hours; our lobby is open Monday through Friday from 7:30 AM to 5:30 PM and Saturday from 8:30 AM to 1:00 PM. With total deposits of $744 million and a net worth of $707 million, we ensure that your money is safe and secure. Our commitment extends beyond numbers; we genuinely care about making a positive impact in our community. We invite you to explore what Summit has to offer by visiting us or calling at 608-243-5000. Let us help you achieve your financial goals today!

Branch History & Mission

Innovation for All

In today's digital world, we are proud to offer modern conveniences such as online banking and mobile payments while ensuring that all our branches remain ADA compliant for accessibility. At Summit, we embrace innovation while keeping customer service at the forefront of everything we do.

Join Us

We invite you to become part of our growing family at Summit. Experience firsthand how our dedicated team can help you achieve your financial goals while being an integral part of your community. Visit us during our operating hours Monday through Friday from 7:30 AM to 5:30 PM and Saturday from 8:30 AM to 1 PM or call us at 608-243-5000 for more information. At Summit Credit Union, you're not just another member; you're part of something bigger a community focused on growth, support, and shared success. Come join us today!

Our Mission

The mission of Summit is clear: we aim to empower individuals and businesses by offering accessible financial services while fostering a sense of community. We believe that everyone deserves a chance to thrive financially. This belief drives us to provide not just products but also guidance and support that contribute positively to the lives of our members. We understand that being part of a community means giving back. That's why we actively engage in local initiatives and partnerships aimed at uplifting those around us. Whether it's sponsoring local events or supporting educational programs, we are dedicated to making a difference.

Branch Location & Accessibility

Convenient Access and Parking

At Summit, we understand that accessibility matters. Our branch offers ample parking for our members, so you can easily pull in and get the banking services you need without any hassle. We are committed to ensuring that everyone can access our services comfortably, with features like ADA-compliant ramps and pathways.

Let’s Connect!

If you're ready to experience the Summit difference or have any questions about our services, don't hesitate to give us a call at 608-243-5000. We look forward to welcoming you into our community!

Operating Hours That Work for You

We pride ourselves on being available when you need us. Our lobby is open Monday through Friday from 7:30 AM to 5:30 PM, and we also welcome you on Saturdays from 8:30 AM to 1:00 PM. Whether you're looking to open an account, apply for a loan, or simply ask a question, our friendly staff is here to help during these hours.

Services at Your Fingertips

Summit Credit Union offers a variety of services tailored to meet your needs. From personal banking options like checking and savings accounts to auto loans, mortgage loans, and credit cards with rewards we've got you covered. Plus, with convenient ATM access available on-site and drive-thru banking for quick transactions, managing your finances has never been easier. While members can visit us at our Madison branch for all their banking needs, official correspondence should be sent to PO Box 8046, Madison, WI 53708-8046.

Member Eligibility

At Summit, we believe that joining our community is not just about banking; it's about becoming part of a supportive family. If you live or work in our area, you're likely eligible to become a member! We welcome individuals who are connected to the communities we serve, and that includes a variety of groups and organizations. The process to become a member is straightforward and inviting just visit us at 670 W Washington Ave Madison Wi 53703 or give us a call at (608) 243-5000 for more information. For complete details on eligibility, feel free to check out our website at . Once you're ready, opening an account with us is simple and can be done online or in person. We can't wait for you to experience all the benefits that come with being part of Summit!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $1,650 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $4 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $921,976,576, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, we provide essential merchant services that simplify payment processing. Imagine accepting payments quickly and securely, giving your customers a smooth checkout experience. Our tools can help you manage sales efficiently, allowing you to focus on what you do best growing your business. Visit us at 670 W Washington Ave Madison Wi 53703 in Madison, WI, or call us at (608) 243-5000 to learn more about how our business banking and commercial services can support your goals!

Comprehensive List Of Services

ATM Services

We also offer ATM services, allowing quick access to cash whenever you need it. With ATMs available at various locations, withdrawing money or checking balances is simple and efficient. At Summit, we pride ourselves on being more than just a credit union; we're part of your community. If you're ready to explore how we can help meet your financial needs, give us a call at (608) 243-5000 or stop by our branch today! Your financial journey starts here at City Station!

Business Banking

For entrepreneurs, our business banking services include merchant services and business loans tailored to support small businesses. We understand that running a business comes with its challenges, so we're here to provide the financial tools necessary for success.

Credit Cards

Reward yourself with our credit cards that come with rewards! Whether it's cash back on purchases or points toward travel, our credit cards are designed to give you more than just a line of credit.

Digital Banking Solutions

In today's fast-paced world, convenience is key. Our online and mobile banking features let you manage your accounts anytime, anywhere. From checking balances and making transfers to paying bills with just a few taps on your phone, managing your finances has never been easier.

Home Financing

Home ownership can feel daunting, but with our mortgage loans and refinancing options, we can help simplify the process. Whether you're buying your first home or looking to refinance an existing mortgage, our experienced staff will assist you in finding the best solution tailored to your needs.

Personal Banking

For those just starting their financial journey or seasoned savers alike, our personal banking services include checking and savings accounts designed to help you reach your goals. Imagine having a secure place for your money while earning interest on your savings. Our team is here to guide you through choosing the right accounts that fit your lifestyle.

Personal Loans

Sometimes life throws unexpected expenses your way. That's where our personal loans and debt consolidation services come in handy. We offer straightforward lending solutions that can help ease financial burdens and allow you to focus on what matters most.

Vehicle Financing

Thinking about purchasing a new car? Our auto loans and vehicle financing options are here to help. With competitive rates and flexible terms, we make it easy for you to drive away in the car of your dreams. You can apply online or visit us in person; either way, we will support you every step of the way.

Digital & Online Banking

Key Features

Our online banking platform, available at https://www.summitcreditunion.com/ , allows you to check balances, transfer funds, and pay bills with just a few clicks. Plus, you can enjoy the convenience of e-statements. No more waiting for paper statements in the mail; you can view your financial summaries right from your device. For added security and ease, we provide electronic signature authorization, so you can sign documents quickly without the hassle of printing or mailing. Need to send money to a friend? Our person-to-person transfer feature makes it simple to send or receive money instantly. And if you're on the go, our mobile application lets you manage your accounts from the palm of your hand. Whether you're making mobile payments or checking your balance during lunch, everything is at your fingertips.

User-Friendly Experience

We prioritize your security while ensuring that our services are user-friendly. With features like mobile payments, you can make purchases directly from your phone without worrying about cash or cards. Our intuitive interface makes navigation easy for everyone whether you're tech-savvy or just starting out with digital banking. In a world where time is precious, Summit is here to streamline your banking experience. Enjoy real-time account management and peace of mind knowing that we're committed to keeping your financial information safe. Join us today and discover how our digital and online banking services can simplify your life!

Financial Strength

Growing Membership Base

Total Share and Deposit Accounts: 666,787, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $6,445,173. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Summit is your trusted partner. Visit us at 670 W Washington Ave Madison Wi 53703 or call (608) 243-5000 to learn more about how we can help you achieve your financial goals.

Investment in Member Services

With $702,951,645 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $44,663 in used auto loans and $5,808,454,297 in total loans and leases.

Operational Efficiency

Our commitment to excellence is reflected in our $0, which shows our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 819 full-time employees and 65 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Secure Savings Opportunities

Members' savings are secured through $2,350,293,935 in share certificates and $1,279,046,007 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $73,411,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Strong Financial Health

With a net worth of $707,819,700, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $947 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $632,135,339 in used vehicle loans and $146,071,731 in new vehicle loans already helping members get on the road. Whether you're interested in financing a new or used vehicle, our team is here to help you navigate the options available to you.

Business Loans

For business owners, our outstanding commercial loans totaling $921,976,576 provide the capital needed to grow and expand. We recognize that every business has its own needs, which is why we offer personalized solutions designed to help you succeed.

Credit Lines

Additionally, our total credit lines amounting to $2,104,239,979 ensure that you have access to funds when you need them most. This flexibility allows you to manage unexpected expenses without stress. If you're interested in any of these loan products or would like more information on refinancing options or eligibility criteria, please don't hesitate to contact us at (608) 243-5000 or visit us at 670 W Washington Ave Madison Wi 53703 in Madison, WI. Our doors are open M-F from 7:30 AM - 5:30 PM and Saturday from 8:30 AM - 1 PM. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Your financial journey starts with us at Summit, where we're committed to supporting your ambitions every step of the way.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $870,167,475, make buying or refinancing simple. We offer competitive rates and flexible terms that can be tailored to fit your budget. Plus, our experienced staff is ready to assist you throughout the entire process.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $210,579,328 in loans helping members manage their finances effectively. These cards are ideal for those who want to make purchases without tying up their savings. You can enjoy the benefits of rewards and convenient payment options while maintaining control over your spending.

Loan Aggregator

Benefits of Using LendMesh

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Ensuring Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This sourcing guarantees that users receive fair and transparent offers. Each financial institution is thoroughly vetted to ensure compliance with industry standards, which helps protect consumers and fosters trust.

SUMMIT CREDIT UNION