Summit Credit Union Monona WI | Affordable Vehicle Loans & Checking

Introduction

Welcome to Summit, your trusted financial partner located at 5809 Monona Dr, Monona, WI 53716. Established in 1935, we have been dedicated to serving our community for over eight decades. With a total membership of 264,754 and assets exceeding $7.47 billion, we pride ourselves on providing financial solutions that meet the diverse needs of our members. At Summit, we're not just about numbers; we're about people. Our team of 884 employees is here to ensure you receive personalized service and support every step of the way. Under the leadership of our CEO, Kim Sponem, and Board President, Dan Kaiser, we are committed to fostering a welcoming environment where you can feel secure about your financial choices. While members can visit us at our branch location, official correspondence should be sent to our mailing address: PO Box 8046, Madison, WI 53708-8046. We understand that convenience matters, which is why we offer a variety of services including checking and savings accounts, auto loans, mortgage loans, personal loans, business banking options, and more all designed to help you achieve your financial goals. With total deposits amounting to $744.44 million and a net worth of $707.82 million, Summit stands strong as a pillar in the Monona community. Our commitment to responsible lending is evident with over 246,600 loans and leases issued to help members realize their dreams from purchasing new vehicles to funding home renovations. We invite you to explore everything Summit has to offer. Whether you're looking for straightforward banking options or need assistance with a complex loan application, our friendly staff is just a phone call away at (605) 243-5000. Visit us today or check out our website at summitcreditunion.com for more information on how we can help you thrive financially. Let's take this journey together!

Branch History & Mission

Our Mission

Our mission at Summit Credit Union is simple yet powerful: to improve the financial well-being of our members and the communities we serve. We aim to offer personalized banking solutions that empower individuals and businesses alike. From checking and savings accounts to auto loans and mortgages, we are committed to delivering exceptional service tailored to each member's unique situation. We believe in giving back to the community that has supported us throughout our history. This commitment is reflected in our various outreach programs and partnerships with local organizations. By participating in community events and providing educational resources on financial literacy, we strive to make a positive impact beyond just banking. While members can visit us at 5809 Monona Dr for all their banking needs including access to our drive-thru services and ATM we also ensure that official correspondence is directed to PO Box 8046 in Madison, WI. At Summit Credit Union, we embrace technology as a means to enhance your banking experience. Our online and mobile banking options allow you to manage your finances conveniently from anywhere. Whether it's through electronic statements or person-to-person payment services, we're here to make your life easier. In closing, we invite you to join the Summit family and discover how we can help you reach your financial aspirations. Experience firsthand why so many people choose us as their trusted partner in personal finance. Together, let's build a brighter future!

Branch Location & Accessibility

Welcome to Summit Credit Union, your trusted financial partner conveniently located at 5809 Monona Dr in the heart of Monona, WI. Our branch is easily accessible, making it simple for you to drop by and take care of your banking needs. Whether you're coming from a nearby landmark like Winnequah Park or the bustling Monona Marketplace, finding us is a breeze! At Summit, we prioritize accessibility for all our members. Our branch features ADA-compliant entrances and ramps, ensuring that everyone can visit us comfortably. Plus, with ample parking available, you can park close to the entrance without any hassle. We understand that life can be busy, which is why our lobby hours are designed to fit your schedule. We're open Monday through Friday from 7:30 AM to 5:00 PM and offer drive-thru service on Saturdays from 9:00 AM to Noon. If you need assistance outside these hours, don't hesitate to give us a call at 605-243-5000. For those who prefer cash withdrawals or quick transactions, we have an ATM on-site for your convenience. Our drive-thru banking also allows you to handle deposits and withdrawals without leaving your vehicle perfect for those on-the-go moments. While members can visit us at our branch location, please note that official correspondence should be sent to our mailing address at PO Box 8046, Madison, WI 53708-8046. We invite you to stop by Summit Credit Union today! Whether you're looking to open a new account or explore our services such as personal loans or business banking options, our friendly team is here to help. Your financial journey starts here let's make it a great one together!

Member Eligibility

At Summit, we believe that everyone deserves a chance to be part of a supportive community, and becoming a member is easier than you might think! If you live or work in our local area or have family members who are already part of our credit union, you're likely eligible to join us. We welcome individuals from all walks of life, ensuring that our membership reflects the diversity of our community. By joining Summit, not only do you gain access to a wide range of financial services tailored just for you, but you also become part of a cooperative that prioritizes your needs and well-being. To learn more about the eligibility criteria and see if you qualify, we invite you to check out our detailed informati. Once you're ready to take the next step, opening an account is simple! Just give us a call at (605) 243-5000, or visit us at our branch located at 5809 Monona Dr Monona Wi 53716. Our friendly team is here to help guide you through the process, making it as smooth and welcoming as possible. Join us today and experience the benefits of being a member at Summit!

Business Banking & Commercial Services

Merchant Services That Work for You

Beyond loans, we offer merchant services that streamline payment processing, making it easier for your customers to pay you. Imagine being able to accept payments anytime, anywhere whether at a retail location or online. Our services not only simplify transactions but also enhance customer satisfaction by providing multiple payment options. Located conveniently at 5809 Monona Dr Monona Wi 53716 in Monona, WI, we invite you to explore how our dedicated team can assist you in achieving your business goals. For more information, give us a call at (605) 243-5000. Let's grow together!

Tailored 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.

Comprehensive List Of Services

Business Banking Services

For entrepreneurs and small businesses, our Business Banking services include merchant services and business loans tailored to help you succeed. Whether you're starting a new venture or expanding an existing one, we're here to support your goals.

Digital Banking Convenience

In today's fast-paced world, having access to your finances at your fingertips is essential. That's why we provide robust Online & Mobile Banking options. With features like mobile payments and person-to-person transfers, banking has never been easier or more convenient. Our ATM & Cash Withdrawal Services ensure you have access to your funds whenever you need them, while basic drive-thru banking allows for quick transactions like deposits and withdrawals without leaving your car.

Home Financing Made Easy

When it comes to finding a place to call home, our Mortgage Loans & Refinancing options provide you with the support needed for one of life's biggest investments. We understand that buying a home can feel overwhelming, which is why our team is ready to guide you through every step making the process as smooth as possible. For those looking to consolidate debt or finance personal expenses, our Personal Loans & Debt Consolidation options are designed to help you regain control of your finances. Picture relieving financial stress with fixed monthly payments that fit your budget.

Join Us Today!

With all these services available at Summit, located at 5809 Monona Dr Monona Wi 53716, we're dedicated to ensuring our members have everything they need for their financial well-being. If you have questions or need assistance, don't hesitate to reach out at (605) 243-5000. Experience the difference with us today! Visit our website at Monona for more information on how we can assist you in achieving your financial goals!

Personal Banking Solutions

Our Personal Banking options include checking and savings accounts designed to fit various lifestyles. Imagine easily managing your day-to-day expenses with an account that offers low fees and easy access. You can also enjoy competitive interest rates that help your savings grow over time. If you're thinking about purchasing a new car or need some extra cash for personal projects, our Auto Loans & Vehicle Financing services are here for you. We offer flexible terms and competitive rates that can help you drive away in your dream vehicle without breaking the bank.

Rewarding Credit Card Options

We also offer Credit Cards with Rewards, allowing you to earn points on everyday purchases. Whether it's groceries or gas, every transaction brings you closer to rewards that can be redeemed for travel, merchandise, and more.

Digital & Online Banking

Key Services

With our user-friendly mobile application, you can check balances, transfer funds, and pay bills right from your smartphone. If you're someone who enjoys using digital wallets, you'll be pleased to know that we support mobile payments, making it simple for you to pay securely with just a tap. Need to send money to a friend or family member? Our person-to-person transfer feature allows you to do just that in seconds! Plus, with electronic signature authorization, signing documents is no longer a hassle it's quick and secure.

Security and Accessibility

Your peace of mind is important to us. That's why our online banking system is equipped with advanced security features to protect your information. You can rest easy knowing that your transactions are safe while enjoying the ease of e-statements. With e-statements available, you can manage your account statements digitally no more paper clutter! At Summit, we're committed to providing accessible services tailored for your busy lifestyle. Our digital banking options not only save you time but also help you take control of your financial journey. Ready to experience the convenience of digital banking? Visit us at https://www.summitcreditunion.com/ today!

Financial Strength

Growing Trust

We have a growing member base that trusts us with their finances, as seen with our Total Share Accounts reaching 666,787. This trust is crucial for us as it allows us to continue enhancing the services we provide. 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 5809 Monona Dr Monona Wi 53716 or call (605) 243-5000 to learn more about how we can help you achieve your financial goals.

Member-Centric Focus

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.

Operational Efficiency

Our $23,704,038 reflects 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.

Reinvestment for 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 members' financial goals across various sectors with $44,663 in used auto loans and $5,808,454,297 in total loans and leases.

Solid 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 $632,135,339 in used vehicle loans and $146,071,731 in new vehicle loans already helping members get on the road. We provide financing options that fit your budget and lifestyle. Plus, if you're considering refinancing your current auto loan for better terms or lower rates, we can help with that too!

Business Financing

For business owners, our outstanding commercial loans totaling $921,976,576 provide the capital needed to grow and expand your business. Whether you're starting a new venture or looking to invest in your current operations, our team can help tailor a solution that works for you. At Summit Credit Union, we pride ourselves on being a community-focused institution that prioritizes member satisfaction. 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. Visit us today at our Monona branch or check out our website here for more information on how we can support your financial journey!

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $870,167,475. Whether you're purchasing your first home or looking to refinance an existing mortgage, our knowledgeable staff is ready to guide you through the 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 come with rewards and benefits designed to meet your everyday spending needs.

Loan Aggregator

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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 commitment to sourcing ensures that users receive fair and transparent offers. Each listed loan reflects the most current rates available, allowing you to compare options that fit your financial situation accurately.

SUMMIT CREDIT UNION - Monona, WI

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