SUMMIT CREDIT UNION
PO BOX 8046, MADISON, WI 537088046 www.summitcreditunion.com

Total Revenue
$183,147,998
Total Expenses
$139,446,632
Net Assets
$423,834,229
Organizations Filed Purposes: A COOPERATIVE, NONPROFIT CORPORATION, INCORPORATED UNDER WISCONSIN STATE LAW TO ENCOURAGE THRIFT AMONG ITS MEMBERS, CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE COST, AND PROVIDE AN OPPORTUNITY FOR ITS MEMBERS TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS.

SUMMIT SERVED OVER 195,000 MEMBERS IN 2019. THE CREDIT UNION CONTINUED TO OFFER ATTRACTIVE RATES ON VARIOUS SAVING AND LENDING PRODUCTS TO HELP MEMBERS IMPROVE THEIR FINANCIAL POSITION. LOANS GREW 6% DEPOSITS GREW 17% DURING 2019.

SUMMIT OPERATES BRANCHES IN FOUR HIGH SCHOOLS TO SERVE STUDENTS. WE OFFER ADDITIONAL FINANCIAL EDUCATION SESSIONS IN THE COMMUNITIES WE SERVE.

WE SUPPORT NUMEROUS COMMUNITY ORGANIZATIONS, INCLUDING UNITED WAY, GOODMAN COMMUNITY CENTER, URBAN LEAGUE AND NATIONAL CREDIT UNION FOUNDATION.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Kim SponemCEO/PRESIDENT50$1,165,334
Keith PetersonCFO50$551,370
Rebecca GerothanasCOO50$463,927
Christopher HefterCIO50$292,074
Nancy KastenSVP HR & LOD50$286,266
Christopher SchellCMO50$284,365
Mark KennedyCLO50$235,915
Adam PelletterMORTGAGE LOAN OFFICER40$207,704
Jeremy EpplerVP RISK MANAGEMENT50$180,859
Donald LickelVP - MORTGAGE LENDING50$179,300
Eric MathiasVP SALES DEVELOPMENT50$174,190
Timothy GreeneMORTGAGE LOAN OFFICER40$173,436
Daniel PollyAVP - IT40$170,880
Steve HansenMORTGAGE LOAN OFFICER40$167,743
Kelly ErbachVP - BUSINESS TECH SOLUTIONS40$165,536
Mike O'BrienDIRECTOR2$1,300
David ReszelVICE CHAIR4$1,300
Mike SchenkCHAIR4$1,025
John LitscherDIRECTOR2$750
Mary TurkeSECRETARY4$750
Bob LindnerDIRECTOR2$650
Dennis SaueyDIRECTOR2$650
Dan KaiserTREASURER4$550
Stefanie NorvaisasDIRECTOR2$250
Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023219349304432_public.xml

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