Summit Credit Union Madison WI | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Summit, your trusted financial partner located at 2222 E Washington Ave, Madison, WI 53704. Established in 1935, we have proudly served our community for over 88 years, building a strong reputation for reliability and commitment. Our vibrant membership has grown to over 264,754 members, all benefiting from our extensive range of services tailored to meet their financial needs. At Summit, we understand that banking is about more than just numbers it's about relationships. Under the leadership of our dedicated CEO, Kim Sponem, and Board President, Dan Kaiser, our team of 884 employees works tirelessly to provide exceptional service and support. With total assets exceeding $7.47 billion, we are well-equipped to help you reach your financial goals. While members can visit us at our convenient branch location, official correspondence should be sent to PO Box 8046, Madison, WI 53708-8046. We proudly offer a variety of services including personal banking, auto loans, mortgage options, and business banking solutions. Whether you're looking to open a new checking account or seeking guidance on loans totaling over 246,600, we've got you covered. Our commitment goes beyond just providing excellent services; it extends to actively supporting our local community and enhancing the lives of our members. With a net worth of $707 million and cash in hand amounting to $49.87 million, we stand as a pillar of strength in the financial landscape. Join us today! Visit our website at Summit Credit Union or give us a call at 608-243-5000 to learn more about how we can assist you on your financial journey.

Branch History & Mission

Community Commitment

Summit is more than just a financial institution; we are a community partner. We actively engage in outreach efforts to support local initiatives and programs that uplift our members and enhance the quality of life in Madison. Our commitment extends beyond financial transactions; it's about building relationships and fostering trust.

Modern Banking Solutions

In today's fast-paced world, we have embraced modern banking technologies to enhance your experience. From mobile payments to online banking services, we ensure that managing your finances is convenient and efficient. Plus, with ATM availability right on-site and no drive-thru service necessary for campus accessibility, we've made it easier for you to access your funds when you need them. As we look toward the future, we invite you to join us on this journey. Experience the benefits of being part of Summit a place where your financial well-being is our top priority. Whether you're a student looking to open your first account or an educator needing business solutions, we're here to help you succeed. Come visit us today!

Our Mission

Our mission is simple yet impactful: to empower individuals through accessible financial services while fostering a sense of community. At Summit, we believe that everyone deserves the opportunity to achieve their financial goals. We offer a wide range of services including checking and savings accounts, auto loans, mortgages, personal loans, credit cards with rewards, and business banking solutions. While members can visit us at 2222 E Washington Ave for in-person assistance during lunch hours, official correspondence should be sent to PO Box 8046, Madison, WI 53708-8046 if needed. Our East High School location operates as a limited-service branch aimed primarily at supporting school staff and students.

Branch Location & Accessibility

Accessibility Features

At Summit, we prioritize accessibility for everyone. Our branch is compliant with ADA standards, ensuring that all members can easily navigate our space. We have ample parking available nearby, so you won't have to worry about finding a spot when you visit us.

Operating Hours and Services

Our branch operates during lunch periods for faculty and students. Although we offer limited services at this location, you can still take advantage of personal banking options like checking and savings accounts or inquire about auto loans and credit cards with rewards. For your convenience, we also provide an ATM for quick cash withdrawals and balance checks. If you need more comprehensive services or have questions about your accounts, feel free to give us a call at 608-243-5000. We're here to assist you! We invite you to stop by the Summit branch at East High School today! Whether it's about opening an account or simply asking questions regarding our services, our friendly staff is ready to help. Your financial wellness is important to us!

Member Eligibility

Becoming a member of Summit feels like joining a welcoming family where your financial well-being is the priority. If you're looking to become part of our community, you'll be happy to know that membership is open to anyone who lives, works, or goes to school in the area. This means students and faculty at East High School are especially encouraged to join! Our members enjoy a range of benefits, from competitive loan rates to personalized banking services tailored just for you. To start your journey with us at Summit, simply visit us at 2222 E Washington Ave Madison Wi 53704 or give us a call at (608) 243-5000. For more detailed information about eligibility criteria, check out this resource: . We're excited to welcome you into our supportive community and help you achieve your financial goals!

Business Banking & Commercial Services

Merchant Services That Make Sense

Imagine a local café that needs an efficient way to process payments. With our merchant services, they can easily accept card payments while managing their finances all in one place. This not only simplifies transactions but also helps them keep track of sales data to make informed decisions. Located at 2222 E Washington Ave Madison Wi 53704 in Madison, WI, we're here to help you navigate the financial landscape of your business. Contact us at (608) 243-5000 to learn how we can support your journey!

Tailored Loan Solutions

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.

Comprehensive List Of Services

Business Solutions

We also cater to local businesses through our business banking services. From merchant services that streamline payments to business loans aimed at helping you grow, we're committed to supporting your entrepreneurial journey.

Credit Options

For those moments when life throws unexpected expenses your way, our personal loans and debt consolidation services provide quick access to funds while helping you manage existing debt more effectively. Plus, our credit cards with rewards let you earn points on everyday purchases perfect for treating yourself later!

Digital Banking Features

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking solutions. With features like ATM access for cash withdrawals and balance checks available anytime, anywhere, managing your finances has never been easier.

Get in Touch

Whether you're looking to open an account or have questions about our services, don't hesitate to reach out! Call us at (608) 243-5000, or visit us during lunch hours at 2222 E Washington Ave Madison Wi 53704. Experience firsthand how Summit can help simplify your financial life today!

Personal Banking Services

Managing your money shouldn't be complicated. That's why we offer personal banking services that include checking and savings accounts designed for your daily needs. Whether you're saving for a special event or simply want to keep your funds secure, our accounts come with features that cater to your lifestyle. Need a new vehicle? Our auto loans and vehicle financing options are here to help you get behind the wheel without breaking the bank. Imagine driving off in that car you've always wanted, knowing you have an affordable payment plan tailored just for you. If home is where your heart is, our mortgage loans and refinancing services can help turn that dream into reality. We understand how important finding the right home is, so we offer competitive rates and flexible terms that fit your budget.

Digital & Online Banking

Mobile Banking Made Easy

For those who prefer managing their finances from their phones, our mobile application makes banking even easier. With mobile payments enabled, you can make quick purchases without carrying cash or cards. And if you ever need to send money to friends or family, our person-to-person transfer feature makes it hassle-free. At Summit, we believe that banking should be accessible and easy for everyone. With our range of digital and online services, staying on top of your finances has never been more convenient!

Secure Transactions

Your security is our priority. Our electronic signature authorization feature allows you to sign documents safely without needing to be in person. This means you can complete important transactions from the comfort of your own home while knowing that your information is protected.

User-Friendly Features

With our 24/7 online banking services, you can check your account balance, pay bills, and transfer money anytime, anywhere. Whether you're at home or on the go, you'll have real-time access to your financial information right at your fingertips. Plus, with e-statements available, you can say goodbye to paper clutter and easily keep track of your transactions in a secure way.

Financial Strength

Conclusion

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 2222 E Washington Ave Madison Wi 53704 or call (608) 243-5000 to learn more about how we can help you achieve your financial goals.

Our Committed Team

We also take pride in having 819 full-time employees and 65 part-time employees who are dedicated to serving you with knowledge and care. Our staff is always ready to assist you with any questions or concerns you may have. Total Share Accounts: 666,787, showing a strong and growing member base that trusts us with their finances. This growing community highlights the trust placed in us by fellow members like you.

Our 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. This robust figure underlines our ability to support your financial needs today and in the future. 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. This metric is critical because it shows how well-equipped we are to handle economic challenges while still prioritizing your financial goals.

Savings You Can Trust

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. These products are designed with your future in mind, helping you grow your wealth safely. 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. This focus allows us to invest more back into our community and into providing exceptional member service.

Supporting Your Goals

With $44,663 in used auto loans and $5,808,454,297 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Whether you're looking to purchase a vehicle or need financing for personal projects, we're here to help you succeed. Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. This efficiency is what allows us to reinvest in improving your banking experience.

Loan Offering

Additional Financing Options

For business owners, our outstanding commercial loans totaling $921,976,576 provide the capital needed to grow and expand. We are committed to supporting local businesses and helping them thrive within our community. If you're considering refinancing any existing loans, please reach out to us for eligibility options tailored to your situation. Our team at Summit, located at 2222 E Washington Ave Madison Wi 53704, Madison, WI, is ready to assist you with all your lending needs. You can contact us at (608) 243-5000 for more information. All performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Let us help you navigate your financial journey!

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 a reliable used vehicle or a brand-new model, our financing options can help you drive off with confidence.

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. Our credit cards come with rewards that can benefit your everyday purchases while giving you peace of mind.

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 provide competitive rates and personalized service to ensure your home buying experience is as smooth as possible.

Loan Aggregator

Accurate Loan 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 ensures that users receive fair and transparent offers. Each loan comparison reflects the most current rates available, allowing you to see your options clearly.

Key Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make well-informed choices about their loans. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This feedback highlights how effectively LendMesh can assist in identifying cost-saving opportunities. Ready to take the next step? Compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

SUMMIT CREDIT UNION