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 $5 billion in assets and has more than 226,000 members and 799 employees across 49 locations throughout south-central and southeastern Wisconsin. Kim Sponem has been CEO & President of Summit Credit Union, and its predecessor organization, CUNA Credit Union/Great Wisconsin Credit Union, since 2002. Recognized for its excellence in employee engagement, Summit was named a Top Workplace in the USA in 2021 and 2022 by Top Workplaces USA and a Top Workplace in the Madison area for 2022 and 2021 by the Wisconsin State Journal. For more information, visit or call 608-243-5000 or 800-236-5560. For additional media information, visit or follow Summit on FacebookInstagram and Twitter


Media Contact:

Stephanie Tervort
(608) 243-5000

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