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Summit Donates $2 Million To The Center For Black Excellence

December 2, 2021 undefined Largest donation in credit union’s 86-year history MADISON, WIS. — Summit Credit Union, Wisconsin’s second largest credit union, today announced a $2 million donation to launch The Center for Black Excellence and Culture in South Madison. It is the first company to contribute to the multi-million-dollar effort and the largest gift in the history of the credit union founded in 1935. “This Black-led, Black-inspired and Black-designed center aims to create a space that uplifts the Black Community and Black-owned businesses, especially those run by women,” said Kim Sponem, CEO and President. “The time is now for all of us to join the Black community to transform Madison from one of the worst cities for Blacks to live in, to one of the best.” Sponem said Summit Credit Union strongly supports the center’s unique blend of building Black wealth in its planned incubator and co-working spaces, and its art events and community services spaces. Summit Credit Union has dedicated itself to the financial wellness of its members for 86 years and has been firmly focused on women’s financial empowerment for 12 years. The Center is slated to open in 2023. For more information, visit . Featured Products Certificates Checking Accounts Home Equity Loans Home Loans Business Banking Certificates Checking Accounts Home Equity Loans Home Loans Business Banking Financial Education Upcoming Events Programs Tools & Calculators On-demand Webinars Podcasts Upcoming Events Programs Tools & Calculators On-demand Webinars Podcasts About Equity in Money™ About Summit Careers News Community Giving Equity in Money™ About Summit Careers News Community Giving Help & Support Contact Us Member Support Center Schedule an Appointment Find a Branch Contact Us Member Support Center Schedule an Appointment Find a Branch Please read the following before proceeding to: The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. NCUA Insurance Estimator Privacy, Security & Accessibility Rates, Fees, Terms & Disclosures Routing Number *  The Wisconsin's #1 Mortgage Lender designation is based on the number of loans in 2022, gathered from the Home Mortgage Disclosure Act data compiled annually by the Consumer Financial Protection Bureau. The results of the data were obtained through the LEI: 254900NTAC4H10MGSU23 **  SBA Lender of the Year Award for Credit Unions as awarded by the Small Business Administration of Wisconsin in 2023. Copyright 2024 © Summit Credit Union. All rights reserved. If you are using a screen reader and are having problems using this website, please call 608-243-5000 for assistance. Insured by NCUA