Summit Credit Union recognized as one of America’s Best-In-State Credit Unions
Values-based banking supports people, planet and prosperity as shared purpose
MADISON, WI (July 24, 2023) — Summit Credit Union has been recognized as one of America’s Best-In-State Credit Unions by Forbes magazine.
The magazine, in partnership with survey company, Statista, asked approximately 26,000 US consumers to rate credit unions where they have or previously had a checking or saving account. They rated the credit unions in six different areas around trust, terms & conditions, branch services, digital services, customer services and financial advice.
“We are thrilled to be recognized by Forbes as Best in State that includes branch service, digital service and financial advice,” said Summit CEO & President Kim Sponem. “Our award-winning financial wellness programs help people take control of their finances and secure a solid financial retirement, while reducing stress, making things easier with personal and online service and being there for our members when they need us.”
Large nationwide banks and credit unions with branches in more than 15 U.S. states—like Bank of America, JPMorgan Chase, Wells Fargo and Navy Federal Credit Union—were excluded so that the lists reflect the best of the smaller, regional institutions.
Online reviews and ratings posted on Google Reviews between March 2020 and April 2023 were also evaluated for each credit union. These reviews and ratings accounted for 20% of the scoring, while the surveys accounted for 80%.
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 www.summitcreditunion.com or call 608-243-5000 or 800-236-5560.
For additional media information, visit https://www.summitcreditunion.com/about-summit/press-room or follow Summit on Facebook and Instagram.
