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Established in 1935, Summit Credit Union is a member-owned financial cooperative. Summit holds $6.9 billion in assets and has more than 256,000 members and 954 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 ...
This is a list of credit unions in the United States.. A credit union is a member-owned financial cooperative, democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members.
These are the other Summit Credit Union's that I'm aware of: Summit Credit Union in Greensboro, NC ; The Summit Federal Credit Union in Rochester, NY ; Summit Federal Credit Union in Akron, OH ; Summit Credit Union in Billings, Montana ; Summit Ridge Credit Union in Lee's Summit, MO ; Jshegyi 14:16, 1 August 2013 (UTC)
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Banking in theUnited States. Credit unions in the United States served 100 million members, comprising 43.7% of the economically active population, in 2014. [1] [2] U.S. credit unions are not-for-profit, cooperative, tax-exempt organizations. [3] The clients of the credit unions become partners of the financial institution and their presence ...
The Federal Credit Union Act is an Act of Congress [1] enacted in 1934. The purpose of the law was to make credit available and promote thrift through a national system of nonprofit, cooperative credit unions. This Act established the federal credit union system and created the Bureau of Federal Credit Unions, the predecessor to the National ...
Great Wisconsin Credit Union, formerly known as CUNA Credit Union until 2005, was a credit union that was founded on September 17, 1935, in Madison, Wisconsin. The credit union had been started to serve employees of the CUNA Mutual Group and the local community. By 2007, Great Wisconsin Credit Union had approximately 46,000 members and 428 ...
State Employees' Credit Union was originally incorporated on June 4, 1937 by employees of the State of North Carolina. The credit union began with $437 in assets and 17 members and was first operated from the basement of Raleigh's Agriculture Building. [6] By 1960, the credit union grew to serve over 70,000 members and had assets of almost $25 ...
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