Summit Credit Union Madison WI | Fast Personal Loans & Top Checking

Introduction

Welcome to Summit, your trusted financial partner located at 645 Junction Rd, Madison, WI 53717. Established in 1935, Summit has grown alongside our community, proudly serving over 264,754 members with a commitment to providing exceptional financial services tailored to your needs. With total assets reaching an impressive $7,470,640,700 and total deposits of $744,440,958, we take pride in maintaining a solid foundation for our members. At Summit, we understand that financial journeys can be complex. That's why we're dedicated to helping you navigate them with confidence. Our offerings include personal banking solutions such as checking and savings accounts, auto loans and vehicle financing, mortgage loans and refinancing options, and credit cards with rewarding benefits. For businesses, we provide comprehensive banking services including merchant services and business loans. Under the leadership of our CEO Kim Sponem and Board President Dan Kaiser, we strive to make every member feel valued and supported. Our team of 884 employees is here to assist you from Monday to Friday between 7:30 AM and 5:30 PM, with convenient Saturday hours from 8:30 AM to 1:00 PM. While members can visit us at our branch address for all their banking needs, official correspondence should be sent to our mailing address: PO Box 8046, Madison, WI 53708-8046. With a net worth of $707,819,700 and cash in hand totaling $49,873,280, we are well-equipped to support your financial aspirations. We invite you to explore what Summit has to offer by visiting our website at Summit Credit Union or calling us at 608-243-5000. Join us today as we work together towards achieving your financial goals!

Branch History & Mission

Community Engagement

Summit actively engages with the community through partnerships with local organizations and by sponsoring events that promote financial literacy and well-being. These efforts reflect not just who we are as a credit union but also what we aspire to be a pillar of support for all residents of Madison. While members can visit us at our branch address, official correspondence should be sent to PO Box 8046, Madison, WI 53708-8046. You can reach us at 608-243-5000 during our operating hours: Monday through Friday from 7:30 AM to 5:30 PM and Saturday from 8:30 AM to 1 PM. We invite you to join Summit today! Experience firsthand how we can help you achieve your financial goals while being part of a community-focused credit union. Together, let's build a brighter future for everyone in Madison.

Our Journey

Since our inception, Summit has continuously evolved to meet the needs of our members. We started with a simple mission: to provide accessible financial services that empower individuals and families. Over the years, we have expanded our offerings to include personal banking products like checking and savings accounts, auto loans, mortgages, and business banking services. Each step forward has been guided by our dedication to member service and community support.

Our Mission

Our mission is clear: we strive to improve the lives of our members through reliable financial services while also giving back to the communities we serve. We believe that strong communities build strong futures. Whether it's through offering low-interest loans or investing in local initiatives, Summit is committed to making a positive impact in Madison and beyond. We are proud to offer digital advancements such as online banking and mobile payments, making it easier for our members to manage their finances anytime, anywhere. Additionally, we ensure ADA compliance across our facilities so that everyone can access our services comfortably.

Branch Location & Accessibility

A Convenient Stop

At Summit, we understand the importance of convenience. With ample parking available, you can easily pull in and visit our friendly staff without any hassle. Our branch is designed with accessibility in mind, featuring ADA-compliant entrances and ramps to ensure that everyone can visit us comfortably.

Operating Hours

We are here for you during the week from 7:30 AM to 5:30 PM, and on Saturdays from 8:30 AM to 1:00 PM. Whether you need help with personal banking services or have questions about loans, our team is ready to assist you during these hours.

Services Tailored for You

Our branch offers a range of services tailored to meet your needs. From checking and savings accounts to auto loans and mortgages, we have something for everyone. If you're looking for quick transactions, our drive-thru service is available for deposits and withdrawals perfect for those on the go! Plus, with ATM availability right here at our location, accessing your funds has never been easier. If you need assistance or have inquiries about our services, don't hesitate to reach out! You can call us at 608-243-5000. We're excited to serve you and help you achieve your financial goals. While members can visit us at 645 Junction Rd, official correspondence should be sent to PO Box 8046, Madison, WI 53708-8046. We look forward to welcoming you to Summit Credit Union soon!

Member Eligibility

At Summit, we believe that joining our community means gaining access to a network of support and resources designed to help you thrive. To become a member, you simply need to meet some friendly eligibility criteria, which typically include living or working in our service area or having family ties to current members. We welcome individuals from all walks of life and are excited to offer you the benefits that come with membership, such as personalized financial services and competitive rates on loans and savings. If you're curious about the specific eligibility details, feel free to check out this resource: . Getting started is easy! You can open your account by visiting us at our convenient location at 645 Junction Rd Madison Wi 53717, or give us a call at (608) 243-5000 for any questions you might have. Our team is here to assist you every step of the way, making sure your experience with Summit is as smooth and welcoming as possible. Join us today and discover what it means to be part of a caring financial community!

Business Banking & Commercial Services

Business Loan Options

Imagine having the financial support you need to expand your operations, purchase new equipment, or hire additional staff. 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 our loan offerings, we provide robust merchant services that allow you to process payments efficiently. Whether you're a small retailer or a large enterprise, our solutions can simplify your payment processes and improve cash flow. From point-of-sale systems to online payment options, we equip you with the tools needed to focus on what matters most growing your business. Located at 645 Junction Rd Madison Wi 53717 in Madison, WI, our experienced team is here to help you navigate your financial needs. Reach out today at (608) 243-5000 to learn more about how we can partner with you for success!

Comprehensive List Of Services

ATM & Cash Withdrawal Services

Need cash quickly? Our ATM services provide easy access to withdrawals and balance checks whenever you need them. With multiple locations available, getting cash has never been simpler. At Summit, we're dedicated to making banking easy and accessible for everyone in Madison and beyond. If you're ready to explore how we can assist you with any of these services or have questions about becoming a member, don't hesitate to reach out! Call us at (608) 243-5000 or visit us at our branch today we're here to help!

Auto Loans & Vehicle Financing

Thinking about buying a new car? We offer auto loans and vehicle financing that can make your dreams come true without breaking the bank. Picture yourself driving off in a new vehicle with a loan that fits comfortably within your budget. Our team is here to guide you through the process, ensuring you get the best deal possible.

Business Banking

For entrepreneurs and business owners, we offer tailored business banking solutions including merchant services and business loans. Imagine having a banking partner who understands the unique challenges of running a business and provides resources designed to help it grow.

Credit Cards with Rewards

Why not earn rewards while making everyday purchases? Our credit cards come with enticing rewards programs that allow you to earn points on every dollar spent. From travel perks to cashback offers, using our credit card means getting more out of your spending.

Mortgage Loans & Refinancing

If homeownership is on your horizon or if you're considering refinancing your current mortgage, our mortgage loans are crafted to meet diverse needs. Imagine turning the key to your own front door, knowing you secured an excellent rate with our help. We also provide refinancing options that could lower your monthly payments and save you money in the long run.

Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking platforms that let you manage your accounts from anywhere at any time. Whether you're checking balances or transferring funds between accounts, it's all just a few clicks away.

Personal Banking

Managing your day-to-day finances has never been easier. Our personal banking options include checking and savings accounts that cater to various lifestyles and goals. Imagine being able to set aside funds for that dream vacation or simply having a reliable checking account for everyday expenses. With competitive rates and user-friendly online banking features, accessing your money anytime, anywhere is effortless.

Personal Loans & Debt Consolidation

Life can throw unexpected expenses our way, and that's where personal loans come into play. Whether it's for medical bills or consolidating debt, our personal loan options are flexible and designed to meet your specific circumstances. You can focus on what truly matters while we assist in getting you back on track financially.

Digital & Online Banking

Explore Our Online Banking Services

With our online banking platform, accessible at https://www.summitcreditunion.com/ , you can manage your finances anytime, anywhere. Whether you're checking your account balance, transferring funds, or paying bills, our user-friendly interface makes it simple and straightforward. Plus, with 24/7 access to your accounts, you're always in control of your finances.

Mobile Banking Made Easy

Our mobile application is another great tool for members who are always on the move. With mobile payments available, you can make purchases directly from your phone no cash or cards needed! Additionally, person-to-person transfers allow you to send money quickly to friends or family right from the app. Overall, our digital and online banking services at Summit provide you with accessible, secure, and real-time management of your accounts. We're committed to making banking easier for you so that you can focus on what truly matters in life. Join us today and take advantage of these innovative solutions!

Security You Can Trust

We prioritize your security with features like electronic signature authorization, ensuring that your transactions are safe and secure. You can also opt for e-statements to keep track of your financial activity without the clutter of paper statements. It's an eco-friendly choice that helps protect your personal information as well.

Financial Strength

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 across various sectors with $44,663 in used auto loans and $5,808,454,297 in total loans and leases.

Member-Centric Focus

Our total share accounts stand at 666,787, illustrating a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $6,445,173 further emphasize our dedication to responsible lending practices. At Summit, your financial strength is our priority. Whether you're saving, borrowing, or planning for the future, we are here as your trusted partner. Visit us at 645 Junction Rd Madison Wi 53717 or call (608) 243-5000 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

Operational Efficiency

Our financial performance is reflected in our $0, showcasing our operational efficiency. This 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.

Secure Savings Options

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 Position

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 brand-new model or a reliable used vehicle, our tailored loan options make it simple and affordable.

Business Loans

For business owners, our outstanding commercial loans totaling $921,976,576 provide the capital needed to grow and expand. We understand the unique challenges that businesses face and are here to support your ambitions with customized loan solutions. If you're considering refinancing options or want to learn more about eligibility requirements for any of our loan products, feel free to reach out. Our friendly team at Summit is ready to guide you through the process. You can visit us at our branch located at 645 Junction Rd Madison WI 53717 or give us a call at 608-243-5000 during our operating hours: Monday through Friday from 7:30 AM to 5:30 PM and Saturday from 8:30 AM to 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. At Summit, we're committed to providing valuable financial services that empower our members for success!

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 flexible terms to ensure that you can find a solution that works for your budget.

Unsecured Credit Card Loans

Managing everyday expenses can be challenging; that's why 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 and benefits designed to fit your lifestyle.

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 ensures that all offers presented are fair and transparent, giving users confidence in their choices.

SUMMIT CREDIT UNION