SUMMIT FEDERAL CREDIT UNION - Salem, OH

Welcome to Summit, your trusted financial partner located at 1070 E State St Ste C, Salem, OH 44460. Established in 1951, we have proudly served our community for over seven decades, growing alongside our members and adapting to their needs. With a robust total membership of 4,770, we are committed to providing personalized banking services that empower you to achieve your financial goals. At Summit, we understand that every member is unique, which is why we offer a diverse range of products including checking and savings accounts, auto loans, mortgage financing, personal loans, and credit cards with rewards. We also support local businesses with tailored business banking solutions. Our total assets stand at an impressive $54,844,885, reflecting our strength and stability in the financial landscape. Our dedicated team of 16 employees is led by CEO Tiffany Katzenmeyer and Board President Sandra Mason, both of whom are deeply invested in ensuring that you receive exceptional service. Whether you're looking to open a new account or explore loan options, we're here to guide you every step of the way. While members can visit us at our branch location for all their banking needs, official correspondence should be sent to our mailing address: P O Box 226, Salem, OH 44460. With $4,025,141 in total deposits and $8,380,18 in cash reserves on hand, you can trust that your funds are secure with us. Our goal is to foster a sense of community where members feel valued and supported. Join us today and discover how Summit can make a difference in your financial journey. Feel free to reach out at 330-332-8543 or visit our website at https://www.summitfcu.com for more information. We look forward to welcoming you into the Summit family!

At Summit, we believe that everyone deserves a chance to thrive in a supportive community. Becoming a member is not just about opening an account; it's about joining a family that cares for your financial well-being. If you live, work, or worship in the Salem area, or if you have a family member who is already a member, you are likely eligible to join us! Our membership is designed to be inclusive, so whether you're looking for personal banking solutions, auto loans, or just want to make smarter financial choices, we're here for you every step of the way. Ready to get started? The process is simple and welcoming. You can find all the eligibility details on our website at https://www.summitfcu.com/sfcu-membership.aspx , where we explain everything clearly. If you have any questions or need assistance, feel free to reach out at (330) 332-8543. We can't wait to welcome you into our community at Summit, located at 1070 E State St Ste C Salem Oh 44460!

At Summit, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are dedicated to ensuring your financial well-being through our strong and reliable foundation. With a net worth of $8,193,771, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 14.94% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $7,576,074 in share certificates and $2,203,872 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $8,193,771 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 with $32,770,447 in total loans and leases. Our operational efficiency is reflected in our net income of $0, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 14 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $1,454. Total Share and Deposit Accounts: 9,173, showing a strong and growing member base that trusts us with their finances. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. 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 1070 E State St Ste C Salem Oh 44460 or call 330-332-8543 to learn more about how we can help you achieve your financial goals.

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