Summit Credit Union opens branch in Madison West High School
Fourth in-school branch provides students financial resources, education opportunities
MADISON, WI (October 3, 2019) — Summit Credit Union opened an in-school branch at Madison West High School this month. The branch is Summit’s fourth, joining locations in Madison’s East, Memorial and La Follette high schools.
“Opening a branch in Madison’s West High School gives us the opportunity to reach more students and help them build skills and confidence around money,” said Summit CEO & President Kim Sponem. “Having a presence in the school will allow us to share valuable financial tools that students are able to use for the rest of their lives.”
The branch provides students with opportunities to develop saving and budgeting habits, and it offers employment experience through internships at the branch. Summit also provides an annual $500 student scholarship for each high school with an in-school branch. Additionally, West High students will now be eligible for Project Teen Money, a financial competition encouraging teens to teach their peers about spending, saving and giving while competing for a $2,500 grand prize scholarship.
The branch also offers resources to help teachers and parents foster sound money management and financial literacy skills in their students and children. Summit offerings include advice for college cost planning and budgeting, first-time car buying, paycheck management and more.
The West High School branch is located at 30 Ash St. and offers services to students and staff during lunch periods when school is in session. This location brings Summit’s total to 40 branches in Wisconsin. Summit is Wisconsin’s second largest credit union.
About Summit Credit Union (WI)
stablished in 1935, Summit Credit Union is a member-owned financial cooperative. Summit holds $7.3 billion in assets and has more than 261,100 members and 920 employees across 60 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.
Summit was named to the Forbes list of America’s Best-In-State Credit Unions 2024. Summit was also recognized in 2024 for continued excellence in employee engagement as a Top Workplace USA by USA Today for the fourth consecutive year and a Top Workplace in the Madison area by the Wisconsin State Journal for the fifth year in a row. The Milwaukee Journal Sentinel named Summit a Top Workplace in Milwaukee in both 2023 and 2024. Additionally, and representative of its focus on financial education, Summit received the Governor’s Financial Literacy Award in 2010, 2014, and 2016 and the Governor’s Financial Literacy Award – Legacy in 2019.
For more information, visit summitcreditunion.com or call 608-243-5000 or 800-236-5560.
For additional media information, visit summitcreditunion.com/about-summit/press-room or follow Summit on Facebook and Instagram.
