Summit Credit Union Madison WI | Affordable Vehicle Loans & Mortgage Deals

Introduction

Welcome to Summit, your trusted financial partner located at 702 Pflaum Rd, Madison, WI 53716. Established in 1935, we have proudly served our community for over 85 years, helping our members achieve their financial goals with a personal touch. As part of the Summit family, you join over 264,000 satisfied members who benefit from our commitment to exceptional service and robust financial offerings. At Summit, we understand that financial decisions can be daunting. That's why we focus on building lasting relationships based on trust and reliability. Our total assets exceed an impressive $7.47 billion, reflecting our strong position in the community and our ability to support your banking needs effectively. Whether you're looking for auto loans, personal loans, or business banking services, we have tailored solutions to fit every situation. While you can visit us at our branch for all your banking needs, official correspondence should be sent to our mailing address: PO Box 8046, Madison, WI 53708. Our dedicated team is here to assist you during school lunch hours making it easy for students and parents alike to manage their finances conveniently. Under the leadership of CEO Kim Sponem and Board President Dan Kaiser, our team of over 884 employees is committed to providing outstanding service and innovative financial products. We currently offer a variety of services including checking and savings accounts, mortgage loans, credit cards with rewards, and online banking options all designed to empower you financially. With a net worth of $707.82 million and total deposits reaching $744.44 million, you can feel confident that your money is safe with us. We maintain a healthy cash reserve of $49.87 million, ensuring that we're prepared for any financial situation. We invite you to experience the difference that comes from being part of a member-focused credit union like Summit. For more information or to speak with one of our friendly representatives, call us at 608-243-5000 today! Together, let's build a brighter financial future.

Branch History & Mission

At Summit, we take pride in our rich legacy and deep-rooted commitment to the Madison community. Established in 1935, our branch has been a cornerstone for financial well-being for nearly nine decades. Located at 702 Pflaum Rd, Madison, WI 53716, we have served generations of members, growing alongside them as their trusted financial partner. From our humble beginnings, Summit has evolved significantly. Today, we proudly boast a membership of over 264,754 individuals and total assets amounting to an impressive $7,470,640,700. This growth reflects not just our financial success but the trust and loyalty of our members who have made us their go-to credit union. Our mission is clear: we are dedicated to providing accessible and affordable financial services while actively supporting the communities we serve. We understand that banking goes beyond transactions; it's about building relationships and making a positive impact. Whether through personal banking options like checking accounts and auto loans or our range of business banking services, every offering is designed with our members' needs in mind. While you can visit us at our branch location, if you need to send official correspondence, please use our mailing address: PO Box 8046, Madison, WI 53708. Our commitment to convenience extends into the digital realm as well. With features like online banking and mobile payments available to all members, we ensure that managing your finances is simple and straightforward. At Summit, we also value community outreach. We engage in various partnerships and initiatives aimed at uplifting those around us. This commitment allows us to support local schools, organizations, and events that make Madison a great place to live. In addition to personalized service during school lunch hours our operating hours we offer ATM availability to ensure that accessing your funds is never a hassle. Although there's no drive-thru service at this location or shared service center nearby, we strive to provide efficient solutions tailored for your banking needs. We invite you to become part of the Summit family! Join us today and experience firsthand how we can help you achieve your financial goals while supporting the vibrant community of Madison. For more information or assistance, feel free to call us at 608-243-5000 or visit us online at Summit Credit Union. Your journey towards financial empowerment starts here!

Branch Location & Accessibility

Accessibility and Parking

Our location is designed with accessibility in mind. We have features like ADA-compliant entrances and ramps to ensure everyone can enjoy our services comfortably. Parking is ample, making your visit hassle-free whether you're coming in for a loan consultation or just need to make a quick deposit.

Operating Hours

We know that life can get busy, which is why we operate during school lunch hours. This timing allows us to serve students and parents alike while ensuring that everyone has a chance to take care of their banking needs conveniently. If you have any questions or want more information about our offerings, don't hesitate to reach out at 608-243-5000. We invite you to stop by our Summit Credit Union branch in Madison today! Our team looks forward to assisting you with all your financial goals.

Services Offered

At Summit Credit Union, we provide a wide range of services tailored to meet your personal and business banking needs. From checking and savings accounts to auto loans and credit cards with rewards, we've got you covered. While we don't have drive-thru banking available at this location, our ATM services are fully operational for easy cash withdrawals and balance checks.

Member Eligibility

At Summit, we believe that everyone deserves a place to belong. Becoming a member is easy and opens the door to a world of financial support and community engagement. If you're living, working, or attending school in the area, you're likely eligible to join us! Our membership is designed to be inclusive, welcoming individuals from all walks of life. To learn more about specific eligibility criteria, feel free to visit our website. Once you're ready to take the next step, opening an account with us is straightforward. Just swing by our branch located at 702 Pflaum Rd Madison Wi 53716, and our friendly team will guide you through the process. Whether you have questions or need assistance, don't hesitate to give us a call at (608) 243-5000. Join us at Summit and experience the benefits of being part of a supportive community focused on your financial well-being!

Business Banking & Commercial Services

Financing Options for Growth

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 Tailored for You

In addition to loans, we offer merchant services designed to simplify transactions and enhance customer experiences. Imagine having the ability to accept payments seamlessly, whether online or in-store, which can significantly boost your sales and customer satisfaction. Our reliable payment processing solutions make it easy for you to focus on what you do best running your business. Whether you're looking for funding or efficient transaction processing, Summit is here to partner with you every step of the way. Visit us at 702 Pflaum Rd Madison Wi 53716 or give us a call at (608) 243-5000 to learn how we can support your business journey!

Comprehensive List Of Services

Business Banking Solutions

For entrepreneurs and small business owners, we offer robust Business Banking services including Merchant Services & Business Loans. We're committed to supporting local businesses by providing the tools needed for success.

Digital Convenience at Your Fingertips

In today's fast-paced world, convenience is key. Our Online & Mobile Banking services make it easy to manage your finances from anywhere, whether it's checking balances, making transfers, or paying bills. Plus, with our ATM services available nearby, withdrawing cash or checking your balance is straightforward and hassle-free.

Get Started Today!

We invite you to visit us during school lunch hours or give us a call at 608-243-5000 if you have any questions about how we can assist you in achieving your financial goals. At Summit, we're not just a credit union; we're a community partner ready to help you succeed! For more information about our services and offerings, check out our website at Summit Credit Union.

Personal Banking Made Easy

We understand that managing personal finances can sometimes feel overwhelming. That's why our Personal Banking services include Checking & Savings Accounts designed to help you achieve your goals. Need a car? Our Auto Loans & Vehicle Financing options can get you behind the wheel with competitive rates and flexible terms. If you're considering buying a home or refinancing your current mortgage, our knowledgeable staff is here to guide you through our Mortgage Loans & Refinancing offerings. For those unexpected expenses or consolidating debt, our Personal Loans & Debt Consolidation solutions provide quick access to funds when you need them most.

Rewarding Credit Options

Managing credit wisely is essential for financial health. With our Credit Cards with Rewards, every purchase can earn you points towards travel, cash back, or other benefits making spending more rewarding.

Digital & Online Banking

Easy Transfers and Payments

Need to send money quickly? Our person-to-person transfer service allows you to send funds to friends or family with just a few taps on your smartphone. Plus, if you're always on the move, our mobile payments feature lets you make purchases directly from your phone. At Summit, we're committed to providing our members with tools that make banking straightforward and stress-free. Join us today and experience the ease of digital banking!

Go Paperless

With e-statements available, you can say goodbye to paper clutter while still keeping track of your financial activity. You'll receive statements directly in your email, making it easy to review and manage your accounts.

Key Features

Our online banking platform allows you to access your accounts anytime, anywhere. Whether you need to check your balance, transfer funds, or pay bills, you can do it all from the comfort of your home or on the go. And for those who prefer mobile banking, our user-friendly mobile application is available for download, giving you control right at your fingertips.

Safety and Convenience

Security is a top priority for us. You can rest easy knowing that all transactions are protected with advanced encryption technology. Additionally, our electronic signature authorization feature makes it simple and secure to sign documents without needing to visit a branch in person.

Financial Strength

Building Trust Together

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 702 Pflaum Rd Madison Wi 53716 or call (608) 243-5000 to learn more about how we can help you achieve your financial goals.

Commitment to Growth

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 your financial goals with $44,663 in used auto loans and $5,808,454,297 in total loans and leases. Our operational efficiency is reflected in our $23,704,038, which enables 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.

Member Savings Security

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 9.47% 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 $632135339 in used vehicle loans and $146071731 in new vehicle loans already helping members get on the road. Whether you're interested in a brand-new model or a reliable used vehicle, we're here to guide you through the process.

Commercial Loans

For business owners, our outstanding commercial loans totaling $921976576 provide the capital needed to grow and expand your enterprise. We understand that every business has unique needs, and we're ready to support you with personalized solutions. At Summit, we're dedicated to making lending straightforward and accessible for everyone. Our team is ready to assist you with any questions about our loan offerings or the application process. For performance insights and financial data sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Explore your borrowing options today!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $870167475, make buying or refinancing simple. We provide competitive rates and flexible terms that can fit your budget. If you're considering refinancing your current mortgage, ask us about our eligibility options!

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $210579328 in loans helping members manage their finances effectively. These cards can be a great tool for everyday purchases while offering rewards and benefits that suit your lifestyle.

Loan Aggregator

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Ensuring 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 commitment to sourcing ensures that all comparisons are fair and transparent, allowing users to trust the information they receive.

SUMMIT CREDIT UNION - Madison, WI

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