Summit Credit Union celebrates with innovative Summit Fest

Wisconsin Cooperative announces $5 billion in assets at annual meeting and member picnic

MADISON, WI (May 23, 2022) — Summit Credit Union CEO & President Kim Sponem announced Sunday at the organization’s member-focused Summit Fest that the credit union had reached $5 billion in assets.

This year’s in-person Summit Fest, a novel annual membership meeting and family event, welcomed back more than 2,600 members after cancelling similar events in 2020 and 2021 due to the COVID pandemic.

“We are delighted to be back in person to celebrate our successful growth in 2021 with our members and have some fun,” said Summit Credit Union CEO & President Kim Sponem. “Summit Fest is our way of saying thank you to our members with a family event that introduces a new generation to the value of credit unions rooted in our cooperative business model.”

The celebration offered a short business meeting and family-friendly entertainment including a picnic lunch, obstacle courses and the fan-favorite diaper dash at a local baseball stadium called the Duck Pond (Mallards Stadium) at Warner Park.

In recent months, Summit earned recognition as Wisconsin’s No. 1 Small Business Administration (SBA) lender for credit unions for the 11th straight year. Top Workplaces USA named Summit a Top Workplace in the USA in 2021 and 2022 and the Wisconsin State Journal named it a Top Workplace in Madison for 2020, 2021 and 2022.

About Summit Credit Union (WI)

Established in 1935, Summit Credit Union is a member-owned financial cooperative. Summit holds $6.8 billion in assets and has more than 252,000 members and 967 employees across 57 locations throughout Wisconsin. Since 2002, Kim Sponem has been CEO & President of Summit Credit Union, formerly known as CUNA Credit Union/Great Wisconsin Credit Union. Recognized for its excellence in employee engagement, in 2021, 2022 and 2023 Summit was named both a Top Workplace in the USA by Top Workplaces USA and a Top Workplace in the Madison area by the Wisconsin State Journal. In 2023 it has added a Top Workplace award in Milwaukee by the Milwaukee Journal Sentinel. For more information, visit or call 608-243-5000 or 800-236-5560. For additional media information, visit or follow Summit on Facebook and Instagram.


Jason Waller
Cell: 608-698-5948
Work: (608) 243-5000, ext. 6862

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