Summit Credit Union Cottage Grove WI | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Summit, your trusted financial partner located at 1709 Landmark Dr, Cottage Grove, WI 53527. Established in 1935, we have proudly served our community for decades, building lasting relationships and offering a wide range of financial services tailored to meet your needs. With a total membership of 264,754 and assets exceeding $7.4 billion, we are committed to providing exceptional service and support to our members. At Summit, we believe in the power of community and strive to make a positive impact on those we serve. Our dedicated team of 884 employees, led by CEO Kim Sponem and Board President Dan Kaiser, works diligently to ensure that you have access to the best financial products available. Whether you're looking for personal banking options like checking accounts or auto loans, or business services such as merchant solutions and business loans, we've got you covered. Our branch is equipped with modern conveniences including online banking, mobile payments, and an ATM for easy access to your funds. While you can visit us at our physical location in Cottage Grove, please note that official correspondence should be directed to our mailing address: PO Box 8046, Madison, WI 53708. With total deposits amounting to $744,440,958 and a net worth of $707,819,700, Summit stands strong as a reliable institution ready to help you achieve your financial goals. Our commitment to transparency and member satisfaction is evident in every interaction. We invite you to explore all that Summit has to offer. For any inquiries or assistance, feel free to reach out at (608) 243-5000 or visit us online at Summit Credit Union. Join us on this journey toward financial success your future awaits!

Branch History & Mission

Welcome to Summit, where we have proudly served the Cottage Grove community since our founding in 1935. Nestled at 1709 Landmark Dr, Cottage Grove, WI 53527, our branch has grown alongside its members, evolving from a small credit union into a trusted financial partner for over 264,000 members. Our journey is marked by significant milestones that reflect our commitment to providing exceptional service and support. From the beginning, Summit has been dedicated to empowering individuals and families through accessible financial services. Over the years, we have expanded our offerings to include personal banking, auto loans, mortgage solutions, and business banking services. With total assets now reaching an impressive $7,470,640,700, we are well-equipped to meet the diverse needs of our community. At Summit, our mission is clear: to enhance the financial well-being of our members while giving back to the communities we serve. We believe in creating lasting relationships built on trust and transparency. This commitment drives us to not only provide competitive products but also engage in meaningful community outreach initiatives that make a real difference. While you can always visit us at our branch address for your banking needs, please note that official correspondence should be directed to our mailing address: PO Box 8046, Madison, WI 53708. We strive to make banking as convenient as possible with features like ATM availability and drive-thru services for easy access to your finances. Our operating hours are designed with your schedule in mind: Monday through Thursday from 8:30 AM to 5 PM, Friday until 6 PM, and Saturday from 9 AM to noon for lobby services. If you need assistance outside these hours or prefer digital options, we offer online banking and mobile payment solutions to keep you connected wherever you are. Summit's dedication extends beyond traditional banking; it includes fostering partnerships that support local causes and initiatives. By working together with various organizations within Cottage Grove and beyond, we aim to uplift those around us and create opportunities for growth. Join us on this journey! Experience the benefits of being part of a community-focused credit union that puts people first. Whether you're looking for financial advice or ready to open an account, we're here for you every step of the way. Visit us today or call us at 608-243-5000 let's achieve your financial goals together!

Branch Location & Accessibility

Accessibility and Features

At Summit Credit Union, we prioritize accessibility for all our members. Our branch features ADA-compliant ramps and ample parking spaces to ensure everyone can visit us with ease. For those on the go, we offer drive-thru banking services where you can handle deposits and withdrawals without leaving your vehicle. Plus, our ATM is available around the clock for convenient cash access.

Operating Hours

We understand that life can be busy, which is why our lobby hours are designed to fit your schedule. Join us Monday through Thursday from 8:30 AM to 5 PM, Friday from 8:30 AM to 6 PM, and Saturday from 9 AM to 12 PM. If you prefer the drive-up service, you can visit us Monday through Friday from 7:30 AM to 6 PM and Saturday from 8:30 AM to 1 PM.

Services Offered

Summit Credit Union provides a range of services tailored just for you whether it's personal banking including checking and savings accounts, auto loans, or mortgage refinancing; or business banking options like merchant services and business loans. We also offer robust online and mobile banking capabilities so you can manage your finances anytime. We invite you to visit us at Summit Credit Union in Cottage Grove or give us a call at 608-243-5000 if you have any questions. Our team is here to help you every step of the way!

Member Eligibility

At Summit, becoming a member feels like joining a close-knit family where your financial needs are truly understood and valued. If you live, work, worship, or attend school in the Cottage Grove area, you're already on the right path to enjoying all the benefits we have to offer! Membership is open to anyone who meets these criteria, which fosters a sense of community among our members. By choosing to bank with us, you're not just opening an account; you're gaining access to a variety of financial services tailored to help you thrive. Opening an account is as simple as reaching out! You can visit us at 1709 Landmark Dr Cottage Grove Wi 53527 or give us a call at (608) 243-5000 for assistance. We encourage you to check out more details about eligibility at , ensuring you have all the information you need to get started. We can't wait to welcome you into our community and support your financial journey!

Business Banking & Commercial Services

Financing That Fuels Growth

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 That Work for You

In addition to loans, we offer comprehensive merchant services designed to simplify everyday transactions. Imagine being able to process payments seamlessly whether it's in-person or online allowing you to focus on what you do best: running your business. Our merchant solutions can help streamline your operations and enhance customer satisfaction. Located at 1709 Landmark Dr Cottage Grove Wi 53527 in Cottage Grove, WI, we're here to partner with you on your business journey. Reach out at (608) 243-5000 to learn more about how our Business Banking & Commercial Services can help you achieve your goals!

Comprehensive List Of Services

Accessibility & Support

We know that sometimes you just want to speak with someone face-to-face. That's why we provide basic drive-thru banking for quick deposits, withdrawals, and simple transactions without needing to park your car. And if you're on-the-go, our ATMs allow for easy access to cash and balance checks whenever necessary. At Summit, we're committed to making banking simple and supportive for all our members. If you're curious about how we can assist you further or if you'd like to explore any of our services more deeply, please don't hesitate to reach out! Call us at (608) 243-5000, visit us online at Cottage Grove - Headquarters, or stop by our branch today! Your financial wellness is just a conversation away.

Business Banking Services

For those who are small business owners or entrepreneurs, we understand that managing finances is crucial. Our business banking services include merchant services and business loans designed to support your growth and success. We aim to be your partner in navigating the financial aspects of running a business.

Credit Cards & Rewards

Who doesn't love rewards? With our credit cards that offer rewards, you can earn points on everyday purchases. These points can be redeemed for travel, merchandise, or cash back making each transaction more rewarding.

Digital Banking Made Easy

In today's fast-paced world, convenience matters. That's why we offer robust online and mobile banking features. You can easily check balances, transfer money, pay bills, and even deposit checks all from your smartphone or computer. Plus, our ATM services ensure you have access to cash when you need it most.

Personal Banking Solutions

Managing personal finances can sometimes feel overwhelming, but at Summit, we offer a variety of options to simplify the process. Our checking and savings accounts are designed with flexibility in mind, helping you save for that dream vacation or manage your monthly expenses effortlessly. If you're in the market for a new car, our auto loans and vehicle financing options can get you behind the wheel quickly and affordably. When it comes to larger investments, like purchasing a home, our mortgage loans and refinancing services provide competitive rates and personalized support. Additionally, if you need funds for unexpected expenses or want to consolidate debt, our personal loans can offer you the financial relief you need.

Digital & Online Banking

Key Features

Our online banking service is available 24/7, allowing you to check balances, pay bills, and transfer funds whenever it suits you. You can also enjoy the benefits of e-statements, which provide an eco-friendly way to receive your account statements securely and conveniently. No more waiting for mail your statements are just a click away! For those who love the convenience of mobile transactions, our mobile application makes banking a breeze. With features like mobile payments and person-to-person transfers, sending money to friends or family has never been simpler. Plus, if you need to sign documents quickly, we support electronic signature authorization for a hassle-free experience.

Security and Accessibility

We prioritize your security while ensuring that our services remain user-friendly. With advanced encryption and secure logins, you can manage your accounts with confidence. Our platform is designed for real-time account management so that you're always in control of your finances. In summary, whether you're using our website or mobile app, Summit offers everything you need to bank confidently from anywhere. Join us in embracing the future of banking today!

Financial Strength

Efficient Operations

Our $0 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.

Growing Member Base

Total Share and Deposit Accounts stand at 666,787, showing a strong and growing member base that trusts us with their finances. Net Shares available for lending and investments amount to $6,445,173, further showcasing our commitment to member support. 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 1709 Landmark Dr Cottage Grove Wi 53527 or call (608) 243-5000 to learn more about how we can help you achieve your financial goals.

Investing in Your Future

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.

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.

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 $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. We have provided 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 looking for financing for a brand-new model or a reliable pre-owned vehicle, our team is here to guide you through the process.

Business Financing

For business owners looking to grow and expand, our outstanding commercial loans totaling $921,976,576 provide the capital needed to support your endeavors. We understand that running a business comes with its own set of challenges and are committed to offering solutions tailored to your needs. At Summit in Cottage Grove (1709 Landmark Dr), we aim to provide financial products that empower our members. For more details about our loan offerings or if you have questions about refinancing options, feel free to call us at 608-243-5000. 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 look forward to assisting you on your financial journey!

Mortgage Options

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, making it easier for you to secure your dream home. If you're considering refinancing your existing mortgage, we can discuss eligibility options that may save you money each month.

Unsecured Credit Cards

Managing everyday expenses can be challenging, which is 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 competitive rates and rewards that can benefit you every time you spend.

Loan Aggregator

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Summit

Type of Loan Offerings

Home Equity Loans

Personal Loans

Vehicle Loans