MADISON, Wis. — Summit Credit Union said its members received an estimated $87 million in financial benefits in 2025 compared with doing business with an average Wisconsin bank, amounting to approximately $676 per household.
The estimate came from a customized analysis by America’s Credit Unions’ Economics & Statistics Department for the 12 months ended Dec. 31, 2025, according to Summit.
The Wisconsin credit union has $8.7 billion in assets, more than 284,445 members and 58 locations.
Focus On Women’s Financial Security
Summit said it has spent the past two decades focusing on helping women build financial security, citing income disparities, caregiving responsibilities and longer lifespans as barriers that can increase their risk of poverty in retirement.
“Our purpose is to help women and their families build long-term financial security and avoid poverty in retirement,” Summit President and CEO Kim Sponem said in a statement. “It’s about so much more than access to products. It’s about having the clarity and trusted guidance to act with confidence and build the future they want.”
Summit highlighted member experiences involving financial coaching, homeownership and business financing. Those included a single mother of six who described gaining control of her finances, a family that worked with a financial coach to develop a homebuying plan, and a boutique owner who obtained financing to purchase a property after her longtime bank declined the loan.
Mortgage And Business Lending
Summit also reported that it:
- Ranked first in member value among credit unions in its asset group nationwide.
- Was Wisconsin’s No. 1 mortgage lender.
- Had ranked as Wisconsin’s leading Small Business Administration lender among credit unions for 15 years.
The credit union’s announcement did not provide the supporting methodology or reporting periods for those rankings.
“When women build wealth and create more opportunities for themselves, such as homeownership, the ripple effects show up everywhere — in families, businesses and communities,” Sponem said.
