Summit Credit Union


Overview / Commentary
336-662-6200
8210 W Market St
Greensboro, NC 27409

Summit Credit Union is headquartered in Greensboro and is the 17th largest credit union in the state of North Carolina. It is also the 912th largest credit union in the nation. It was established in 1935 and as of December of 2021, it had grown to 96 employees and 37,197 members at 8 locations. Summit Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership is open to employees and retirees of Wake Forest University, Wake Forest University Baptist Medical Center, Wake Forest University School of Medicine, and over 200 Select Employer Groups.
See current membership details

Reviews (1)

not too bad

I like my credit union for the most part. I hate the customer service on the phone since it never works and I always have to speak with an operator and the website is down a lot but the fees are great and the options are pretty good. Overall I am satisfied with summit credit union. I think there is much room for improvement but I prefer it over my current bank. the operators always help but the automated system never works. I like that there are many ways to help build credit and I like all of the people I have met at my credit union. I intend to stay with them. I think credit unions have a slight edge over normal banks in my opinion



Health
A+

Health Grade Components

Overall
NCUA #63020
Year Chartered1935
Employees96
Primary Regulator
Profit Margin
Return on Assets - YTD1.04%
Return on Equity - YTD8.26%
Annual Interest Income$12.1MM
Assets and Liabilities
AssetsQ4 2021vs Q4 2020$337.6MM$305.2MM
LoansQ4 2021vs Q4 2020$181.8MM$178.6MM
DepositsQ4 2021vs Q4 2020$293.0MM$263.7MM
Equity CapitalQ4 2021vs Q4 2020$42.2MM$39.2MM
Loan Loss AllowanceQ4 2021vs Q4 2020$832.00K$1.5MM
Unbacked Noncurrent LoansQ4 2021vs Q4 2020$925.00K$530.00K
Real Estate OwnedQ4 2021vs Q4 2020$0$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Summit Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

Summit Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$100-IRA Accumulator
0.10%$100-Christmas Club
0.10%$5-Kids Club
0.05%$100-Membership Savings
0.05%$100-Special Savings

Summit Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$10k-Money Market Investor
0.15%$1k-Money Market

Summit Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%$10k-36 Month Jumbo CD
0.55%$500-36 Month CD
0.55%$10k-24-35 Month Jumbo CD
0.45%$500-24-35 Month CD
0.45%$10k-12-23 Month Jumbo CD
0.35%$500-12-23 Month CD
0.35%$10k-6-11 Month Jumbo CD
0.25%$500-6-11 Month CD

Summit Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%$10k-36 Month Jumbo IRA
0.55%$500-36 Month IRA
0.55%$10k-24-35 Month Jumbo IRA
0.45%$500-24-35 Month IRA
0.45%$10k-12-23 Month Jumbo IRA
0.35%$500-12-23 Month IRA
0.35%$10k-6-11 Month Jumbo IRA
0.25%$500-6-11 Month IRA
Locations


Summit Credit Union Locations
Branch Office102 1st Ave NEHickory, NC 28601-6207
Branch Office800 Summit AveGreensboro, NC 27405
Branch Office8210 W Market StGreensboro, NC 27409
Branch Office3840 Ed Dr Ste 100Raleigh, NC 27612-8097
Branch Office1100 S Stratford Rd Ste 400BWinston Salem, NC 27103-3217
Branch Office128 College StOxford, NC 27565
Branch Office1743 Westchester DrHigh Point, NC 27262
Branch Office2917 S Elm Eugene StGreensboro, NC 27406

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.