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Summit Credit Union joins bank on movement, receives certification from cities for financial empowerment fund

Summit Credit Union joins Bank On movement, receives certification from cities for financial empowerment fund Balance account certified to help consumers stay safe, get ahead financially MADISON, WI (April 15, 2021) Summit Credit Union’s Balance checking account has been officially certified by the Cities for Financial Empowerment (CFE) Fund as meeting the Bank On National Account Standards. The certification, announced by Bank On Greater Milwaukee, recognizes accounts that ensure low cost and high functionality while promoting consumer safety. The Balance checking account offers a variety of features that make checking more available and sustainable for members of the community, including no overdraft or nonsufficient fund fees, free bill pay, the ability to make purchases with a free debit card and federal deposit insurance. The account allows individuals and families to hold a basic transaction account for functions like direct deposit of income and stimulus and unemploymen

Summit Financial advisor honored by CUNA Brokerage Services, Inc

Summit financial advisor honored by CUNA Brokerage Services, Inc. Financial Advisor Jamie Letcher elected to leadership team for fourth consecutive year MADISON, WI (March 17, 2021) For the fourth year in a row, Summit Financial Advisor Jamie Letcher has been appointed to broker-dealer CUNA Brokerage Services, Inc.’s (CBSI) Senior Advisor Leadership Team (SALT). The annual honor recognizes a select group of CBSI-registered financial advisors demonstrating excellence in sales and leadership. A Financial Advisor with Summit since 2006, Letcher specializes in helping members develop and reach their retirement goals. He focuses primarily on assisting members with financial strategies in savings, insurance and investments. Letcher holds a bachelor’s degree from Creighton University in Omaha and an MBA from Edgewood College in Madison. He has also earned the Chartered Retirement Plan Counselor designation.

Summit credit union supports students higher education with scholarships

Summit Credit Union supports students’ higher education with scholarships Financial cooperative grants $1,500 award to three student members with board of directors scholarships MADISON, WI (January 26, 2021) Summit Credit Union is continuing its history of supporting students’ educational dreams, as the annual Board of Directors Scholarship program is now accepting applications. Each year, the financial cooperative awards a $1,500 grant to three students in their senior year of high school or currently enrolled in college or technical school. “At Summit, we see lifelong impacts of the financial education and services we provide every day, including savings and loans for higher education,” said Kim Sponem, Summit Credit Union CEO & President. “With our Board of Directors Scholarships we also award financial support directly to hardworking students in support of their journey of higher education and beyond.”

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