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

Introduction

Welcome to Summit, a trusted partner in financial well-being, located at 30 Ash St, Madison, WI 53726. Established in 1935, we have proudly served our community for decades, building lasting relationships with our members. With a total membership of 264,754 and total assets exceeding $7.47 billion, we are committed to providing personalized banking solutions that empower you to achieve your financial goals. At Summit, our dedicated team of 884 employees, led by CEO Kim Sponem and Board President Dan Kaiser, is here to support you. We offer a range of services, including checking and savings accounts, auto loans, mortgages, personal loans, and business banking options. Our total deposits amount to an impressive $744 million, reflecting the trust our members place in us. 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 53708-8046. We understand the importance of community impact and strive to make a difference by focusing on your needs first. With a net worth of $707 million and cash in hand totaling $49.87 million, Summit is not just a credit union; we are your financial ally dedicated to fostering a secure future for our members. Whether you're looking for competitive loan rates or rewards credit cards, we invite you to explore the variety of services we offer. Feel free to reach out at 608-243-5000 or visit our website at Summit Credit Union for more information. Your financial success is our priority come see how we can help!

Branch History & Mission

At Summit, we take pride in our rich history and unwavering commitment to serving the Madison community. Established in 1935, our branch has grown alongside our members, evolving from a small credit union into a trusted financial partner for over 264,000 individuals today. Our branch is located at 30 Ash St, Madison, WI 53726, a convenient spot that's easy to access for all. While we welcome members at this address, any official correspondence should be directed to PO Box 8046, Madison, WI 53708-8046. Our mission is simple yet powerful: we strive to provide exceptional financial services while making a positive impact in the community. We understand that every member's needs are unique, which is why we offer a wide range of services including checking and savings accounts, auto loans, mortgage loans, personal loans, and business banking options. We are not just about transactions; we're about building relationships. Over the years, we have achieved remarkable milestones. Today, our total assets stand at an impressive $7,470,640,700, reflecting our solid financial foundation. This growth enables us to reinvest in our services and support various community initiatives. We are dedicated to ensuring that everyone feels welcome and valued at Summit. To enhance your experience with us, we focus on innovation and accessibility. Although we currently do not have ATMs or drive-thru services at this branch location, we offer robust online and mobile banking options that allow you to manage your finances anytime and anywhere. Our facilities are designed with ADA compliance in mind to ensure everyone can access our services comfortably. Community outreach is at the heart of what we do. We actively engage in partnerships with local organizations to support education and empowerment programs that uplift those around us. Our team of dedicated employees over 800 strong works tirelessly to create meaningful connections within the community. As we look to the future, our commitment remains steadfast: to empower our members with the tools they need for financial success while contributing positively to the Madison area. Join us at Summit and discover how we can help you reach your financial goals today! For more information or assistance, feel free to call us at 608-243-5000 during our operating hours from 12 PM to 1 PM on weekdays. Together, let's build a brighter future!

Branch Location & Accessibility

Connect With Us

Have questions or need assistance? Feel free to call us at 608-243-5000. We invite you to stop by and see how we can help you achieve your financial goals today!

Operating Hours

Summit operates during the lunch period on normal school days, from noon until one o'clock in the afternoon. This schedule allows faculty and students to conveniently access our services while taking a break from their day.

Parking and Accessibility

We understand that accessibility is important for everyone. Our branch provides easy parking options nearby, ensuring that your visit is hassle-free. We are also ADA compliant, with features like ramps and designated parking spots to assist individuals with disabilities.

Services Offered

At Summit, we offer a range of personal banking services tailored to meet your financial needs. From checking and savings accounts to auto loans and mortgage refinancing, our team is here to help you navigate your options. While we currently do not have ATM or drive-thru services available at this location, our friendly staff is always ready to assist you inside the branch.

Member Eligibility

Becoming a member of Summit is like joining a warm and welcoming family, where your financial needs are prioritized. If you're part of the community around us, whether as a student or faculty member at West High School, you can easily become a member. We believe in inclusivity, so if you live, work, or study in our area, you're likely eligible to join. Membership here offers you access to a range of fantastic benefits, including personalized banking services, competitive loan rates, and resources that empower your financial journey. To find out more about the specific eligibility criteria or to see if you qualify, visit our website. It's straightforward to get started! If you have any questions or want assistance with the account opening process, feel free to give us a call at (608) 243-5000. We're excited to help you take this important step toward your financial future at Summit, located conveniently at 30 Ash St Madison Wi 53726.

Business Banking & Commercial Services

Business Loan Options

Imagine having the funds you need to purchase new equipment or expand your workspace. 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

Additionally, our merchant services simplify daily transactions for your business. Imagine accepting payments easily and securely while focusing on what you do best running your business. From payment processing to online banking solutions, we offer tools that help streamline operations and enhance customer satisfaction. Visit us at 30 Ash St Madison Wi 53726 in Madison, WI or give us a call at (608) 243-5000 to learn more about how we can help your business thrive!

Comprehensive List Of Services

Accessing Your Funds

While we don't have ATMs or drive-thru services at this branch location, we ensure that accessing your funds is hassle-free during our operating hours. We're open during lunch periods on normal school days so faculty and students can conveniently manage their finances. If you have questions or would like more information about any of our services, feel free to reach out! Call us at (608) 243-5000, visit us online at https://www.summitcreditunion.com/, or stop by Summit today! We're excited to help you reach your financial goals!

Business Banking Services

For our business members, we offer comprehensive business banking solutions including merchant services and business loans. We understand that running a business comes with its own set of challenges, and we're here to support you with tools that help streamline operations and manage cash flow effectively.

Credit Cards and Rewards

Don't forget about our credit cards with rewards! These cards not only provide you with purchasing power but also reward you for spending on everyday items whether it's groceries or gas. You can earn points that go towards travel or cashback it's like getting paid just for using your card!

Digital Convenience

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking options. With these features, you can easily check balances, transfer funds, and pay bills right from your smartphone or computer. Our mobile payments feature allows for quick transactions wherever you are making banking simpler than ever.

Personal Banking Solutions

Our personal banking options include checking and savings accounts that cater to all lifestyles. Imagine having easy access to your funds while enjoying competitive interest rates that help your savings grow. If you're in the market for a vehicle, our auto loans and vehicle financing can make your dream car a reality without breaking the bank. Plus, with flexible terms and competitive rates, you can drive off feeling confident about your purchase. When it comes to home ownership, our mortgage loans and refinancing options allow you to invest in your future. We understand that buying a home is one of the biggest decisions you'll ever make, so we're here to guide you every step of the way. Additionally, if you're facing unexpected expenses or want to consolidate debt, our personal loans and debt consolidation services offer straightforward solutions tailored to fit your financial situation.

Digital & Online Banking

Key Features of Our Digital Banking Services

Our online banking services are available 24/7 at https://www.summitcreditunion.com/, allowing you to check balances, pay bills, and transfer money with just a few clicks. You don't have to worry about rushing to the bank or waiting in long lines. Everything you need is right at your fingertips. We also provide electronic signature authorization, making it easier for you to complete transactions securely from home. Plus, if you prefer going paperless, our e-statements are readily available for quick access and better organization.

Security First

Your security is our priority. We use advanced technology to keep your information safe while providing a user-friendly experience. With all these features combined, you'll find managing your finances not only easier but also safer. In short, Summit offers all the tools you need for real-time account management without compromising on security or convenience. Sign up today and experience the ease of digital banking!

Stay Connected On-The-Go

For those who like to handle their banking on the move, our mobile application is here for you! Whether you're shopping or just out running errands, you can take advantage of features like mobile payments and person-to-person transfers. Need to send money to a friend? It's simple and fast!

Financial Strength

A Solid Foundation

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.

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 Trust

Total Share Accounts: 666,787, show a strong and growing member base that trusts us with their finances. Net Shares available for lending and investments stand at $6,445,173, further underscoring our commitment to member service. 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 30 Ash St Madison Wi 53726 or call (608) 243-5000 to learn more about how we can help you achieve your financial goals.

Operational Efficiency

Our commitment to 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.

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.

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. We make it easy to finance your next vehicle with flexible terms and competitive rates.

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 faced by businesses today and are committed to supporting your success with tailored lending solutions.

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. Whether you're a first-time homebuyer or looking to refinance an existing mortgage, our team is ready to help you navigate the process.

Refinancing Options

If you're considering refinancing any of your current loans or exploring eligibility options for our various products, our knowledgeable staff is available to guide you through every step. We strive to ensure that all members have access to the best possible financing solutions based on their individual circumstances. 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 aim to empower our members by offering transparent information and exceptional service tailored just for you. Stop by or contact us today to learn more about how we can assist you!

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 come with competitive rates and no annual fees, providing you with the purchasing power you need without breaking the bank.

Loan Aggregator

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How LendMesh Ensures 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 tailored to their needs. By verifying each lender's compliance with established standards, LendMesh provides a trustworthy platform for comparing loans.

SUMMIT CREDIT UNION - Madison, WI

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