SUMMIT Credit Union Profile

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SUMMIT

Charter #63020 | NCUA Region 2 | FISCU

Low-Income Designation: Yes

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (336) 662-6200

Fax: (336) 662-6100

Founding Date: N/A

Website: http://www.summitcu.org

Personnel & Operations

President: Greene, Daniel

Manager: Whitehurst, Samuel

FT Employees: 101

PT Employees: 9

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 8

Hours: Lobby Hours: Monday - Thursday 8:30am - 5

Credit Union Profile Summary

SUMMIT is a FISCU Credit Union. With a total of 31,592 members ^[1], this institution manages approximately $362,256,189 in total assets ^[1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 14.86% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 4.90% ^[1].

Financial Snapshot

Total Assets ^[1]

$362,256,189

Total economic resources.

Total Loans ^[1]

$232,629,585

Total value of outstanding loans.

Total Deposits ^[1]

$294,754,872

Total funds deposited by members.

Members ^[1]

31,592

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

14.86%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) ^[1]

0.60%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio ^[1]

78.92%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↑ 4.61%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) ^[1]

↑ 4.90%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) ^[1]

↓ -3.03%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

8210 W Market St

Greensboro, NC, 27409

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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

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