Summit Credit Union receives Outstanding Philanthropic Business Award

MADISON, WI (December 10, 2015) — Summit Credit Union, headquartered in Madison, WI., received the Outstanding Business Award from the Greater Madison Chapter of the Association of Fundraising Professionals to celebrate National Philanthropy Day. Upon receiving the award, Kim Sponem, CEO and President of Summit Credit Union, spoke about the credit union’s commitment to educate children about money and thanked the Boys and Girls Club of Dane County for the nomination. The award was partially based on Summit’s idea to start a credit union for at-risk children.

 STAR Credit Union, now celebrating 10 years, is the only credit union in the world chartered to children. STAR (Saving to Achieve Results), located inside the Boys and Girls Club, has more than 600 young members.  Summit Credit Union supports the credit union financially and a staff person teaches at-risk children how to run their credit union as well as how to save and manage their money. The award also praised Summit Credit Union for opening credit unions in three high schools, presenting student scholarships and providing financial education seminars to young people through schools and youth organizations.

More than 450 people attended the sell-out event which honored seven businesses and individuals for their philanthropic efforts.

About Summit Credit Union (WI)

Established in 1935, Summit Credit Union is a member-owned financial cooperative. Summit holds $6.6 billion in assets and has more than 250,000 members and 948 employees across 56 locations throughout south-central and southeastern 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, Instagram and Twitter.


Jason Waller
(608) 243-5000, ext. 6862

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