Summit Credit Union Raleigh NC | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Summit Credit Union, your trusted financial partner located at 3840 Ed Dr Ste 100, Raleigh, NC 27612. Since our establishment in 1935, we have been dedicated to serving our community, fostering strong relationships with our 32,118 members and providing them with a range of financial services tailored to their needs. At Summit Credit Union, we pride ourselves on our commitment to member satisfaction and community impact. With total assets of $344,630,684 and total deposits reaching $14,975,711, we are well-equipped to help you achieve your financial goals. Our diverse offerings include personal banking, auto loans, mortgage refinancing, and business loans, ensuring that we can meet the varying needs of our members. Our CEO, Samuel Whitehurst, along with Board President Jack Thornton, leads a team of 110 dedicated employees who are here to assist you every step of the way. Whether you're looking for guidance on loans or need support with online banking services, we're here for you. While members can visit us at our Raleigh branch for in-person assistance, official correspondence should be sent to our mailing address: 8210 W Market St, Greensboro, NC 27409. Ready to take the next step? Reach out to us at 919-571-0767 or explore more about our services at summitcu.org. Join us today and experience a credit union that truly cares about your financial journey!

Branch History & Mission

Join Us

As we continue on this journey together, we invite you to become part of the Summit family. Experience firsthand the benefits of membership whether it's competitive loan rates or community-focused initiatives designed with you in mind. For any inquiries or assistance, don't hesitate to reach out at 919-571-0767 during our lobby hours: Monday through Thursday from 8:30 AM to 5:00 PM and Friday until 6:00 PM. Together, let's build a brighter future for you and your community! Visit us online at Summit Credit Union for more information about our services and how you can get involved!

Our Journey

Summit Credit Union began its journey with a mission to provide accessible banking services that empower individuals and families. From our humble beginnings, we have continually evolved to meet the changing needs of our community. Located at 3840 Ed Dr Ste 100, Raleigh, NC 27612, our branch is conveniently situated near local landmarks that are easily recognizable. While you can visit us at this address for all your banking needs, official correspondence should be directed to our mailing address: 8210 W Market St, Greensboro, NC 27409. Over the years, we've expanded our offerings beyond traditional banking. Today, we provide a wide range of services including personal checking and savings accounts, auto loans and vehicle financing, mortgage loans and refinancing options, as well as business banking solutions. We also ensure that our digital platforms are user-friendly and accessible for everyone. Our commitment to ADA compliance means that all members can access their accounts online or through our mobile app with ease.

Our Mission

At Summit Credit Union, our mission is simple yet powerful: we strive to enhance the financial well-being of our members while fostering strong community connections. We believe in providing not just financial services but also support programs that uplift those around us. Whether it's through educational workshops or community outreach initiatives, we aim to make a positive impact on the lives we touch. We pride ourselves on being more than just a bank; we are your partners in achieving financial success. Our dedicated team works tirelessly to ensure you receive personalized attention and guidance tailored to your unique circumstances.

Branch Location & Accessibility

Accessibility Features

We understand that accessibility is important for all our members. Our Raleigh location is designed to be welcoming and compliant with ADA standards. You'll find ample parking available right outside our entrance, and we've made sure that ramps are in place for easy access.

Contact Us

If you have any questions or need assistance before your visit, don't hesitate to give us a call at 919-571-0767. Our team is ready to help! We look forward to welcoming you to Summit Credit Union in Raleigh where convenience meets community!

Operating Hours

Our friendly team is here to assist you during our lobby hours: Monday through Thursday from 8:30 AM to 5:00 PM and Fridays until 6:00 PM. We encourage you to stop by during these times for any personal banking services you may need.

Services Offered

At Summit Credit Union, we offer a range of financial services tailored to meet your needs. From checking and savings accounts to auto loans and mortgages, we're committed to helping you achieve your financial goals. While we don't have an ATM or drive-thru service at this location, we do provide shared branch transactions for deposits and withdrawals if you're a member of partner credit unions.

Member Eligibility

At Summit, we believe that everyone deserves a place where they can grow their financial future together with a supportive community. Joining us is easy! If you live, work, or attend school in the area, you're likely already eligible to become a member. We welcome individuals from all walks of life to take advantage of our personalized services and tailored financial solutions. You can learn more about the specific eligibility requirements by visiting our website at . Once you're ready to join, opening an account at Summit is a straightforward process. Just give us a call at (919) 571-0767 or stop by our branch located at 3840 Ed Dr Ste 100 Raleigh Nc 27612 during our lobby hours, and our friendly staff will be more than happy to assist you every step of the way. Experience the benefits of being part of a credit union that truly cares about its members!

Business Banking & Commercial Services

Commercial Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $40 in non-member commercial loans, providing flexible financing solutions. Imagine having the funds you need to purchase new equipment, hire staff, or even launch a marketing campaign. With our outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses right here in Raleigh, NC.

Merchant Services

In addition to loans, we offer essential merchant services designed for today's business environment. Picture this: as a small business owner, you want easy payment processing that keeps customers happy and transactions smooth. Our merchant services provide just that allowing you to accept payments effortlessly, whether online or in-store. Visit us at 3840 Ed Dr Ste 100 Raleigh Nc 27612 or call us at (919) 571-0767 to learn how we can support your business goals!

Comprehensive List Of Services

Business Banking Services

If you run a business, we understand how crucial it is to have reliable financial support. Our business banking services include merchant services that make transactions smooth and simple, alongside various options for business loans that can fuel your growth.

Convenient Digital Banking Features

In today's fast-paced world, convenience matters. That's why we offer robust online and mobile banking features that allow you to manage your accounts anytime, anywhere. With our mobile app, you can transfer funds, pay bills, and even deposit checks from the comfort of your home. Plus, enjoy easy access to ATM and cash withdrawal services whenever you need them.

Credit Cards with Rewards

At Summit, we also provide credit cards with rewards tailored to match your spending habits. Enjoy cashback on everyday purchases or earn points towards travel and experiences that matter to you.

Personal Banking Solutions

Whether you are looking to open a checking or savings account, Summit offers personal banking options designed to fit your lifestyle. Our checking and savings accounts come with features that help you manage your money effectively. If you're in the market for a vehicle, consider our auto loans and vehicle financing services, which offer competitive rates and flexible terms. For those dreaming of homeownership, our mortgage loans and refinancing options make it easier than ever to secure the home you've always wanted. Need extra cash for unexpected expenses? Our personal loans and debt consolidation services can help you regain control over your finances.

Shared Branch Transactions

We also participate in shared branch networks, enabling members from partner credit unions to conduct basic transactions like deposits and withdrawals at our location. This means more flexibility for your banking needs! --- Whether you're a first-time member or have been with us for years, Summit is committed to helping you achieve financial success through personalized service and comprehensive offerings. Visit us today at 3840 Ed Dr Ste 100 Raleigh Nc 27612, call us at (919) 571-0767, or explore more about what we offer online at our website. We look forward to serving you!

Digital & Online Banking

Key Features

Our online banking service is available 24/7, allowing you to check balances, transfer funds, and pay bills without stepping foot in a branch. Plus, if you're on the go, our mobile application puts all these features right in the palm of your hand. You can even make mobile payments effortlessly, keeping your transactions quick and secure. We also value your time and efficiency. With our electronic signature authorization, you can sign documents electronically without the need for paper or ink. This means less hassle and faster processing for loans or account changes. Additionally, e-statements are readily available, giving you a clear view of your transactions while helping the environment by reducing paper waste.

Safe and Simple Transactions

Need to send money to friends or family? Our person-to-person transfer feature lets you do just that with ease. Whether it's splitting a dinner bill or sending a gift, it's simple and efficient. At Summit, we prioritize not just the accessibility of our services but also their security. You can trust that your information is protected as you navigate your financial needs online. Explore all these fantastic features today at https://www.summitcu.org/ and experience banking that fits seamlessly into your lifestyle!

Financial Strength

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 understand that your trust is built on our ability to provide reliable services and maintain robust financial health. With a net worth of $52,712,822, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,527 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 $44,324,851 in share certificates and $9,482,464 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $4,628,964, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $31,998,000 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With $4,704 in used auto loans and $225,465,069 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Our $2,615,816 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 101 full-time employees and 9 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): $0. Total Share and Deposit Accounts: 62,293, showing a strong and growing member base that trusts us with their finances. 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 3840 Ed Dr Ste 100 Raleigh Nc 27612 or call (919) 571-0767 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.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $72,343,501 in used vehicle loans and $8,711,384 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive rates to make financing your next vehicle as easy as possible.

Credit Lines

For those looking for more flexibility in their spending, our credit lines totaling $39,240,807 provide easy access to funds whenever you need them. This option allows you to borrow only what you need while ensuring you have available credit for emergencies or planned purchases. If you're considering refinancing or exploring eligibility options for any of our products, don't hesitate to reach out. Our team at Summit is here to help you navigate your choices and find the best solutions tailored to your situation. For more information about our loan offerings or to speak with a representative, call us at (919) 571-0767 or visit us at our location: 3840 Ed Dr Ste 100 Raleigh Nc 27612, Raleigh, NC. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. We're committed to helping you succeed financially!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $25,575,173, make buying or refinancing simple. We believe that owning a home should be within reach for everyone, and our dedicated team is here to guide you through the process.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $11,641,437 in loans helping members manage their finances effectively. Whether you need to cover unexpected expenses or want to consolidate debt, our credit card options are designed to fit your lifestyle.

Loan Aggregator

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Summit

Type of Loan Offerings

Home Equity Loans

Personal Loans

Vehicle Loans