Summit Credit Union

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A short history of Summit CU

Since its inception in 1935 the Summit Credit Union has been serving its members in the Greensboro, North Carolina area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Samuel Whitehurst, the Summit CU has grown its membership to over 32,850 with assets of more than $229,792,696. They have a main office and 7 branch offices. Please see the credit unions website or contact them by phone at (336) 662-6200 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Greensboro, NC.

General Information For Summit CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 63020
Address 8210 W Market St 
City Greensboro 
State North Carolina 
Zip-Code 27409
Phone Number (336) 662-6200
Fax Number (336) 662-6100
Email Address:
CEO/President Samuel Whitehurst
Members 32,850 
Full-Time Employees 87 
Part-Time Employees 12 
Number of Branch Offices
Total Assets 229,792,696 

Compare Summit Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Internal Revenue Employees CU Main Office 4905 Koger Blvd 27407 (336) 852-7511 No 4.77
Greensboro Postal CU Main Post Office 201 N Murrow Blvd 27495 (336) 275-0287 No 5.22
Acclaim CU DR 1823 Banking St 27429 (336) 332-5302 No 6.89
Healthshare CU Womens Hospital - Branch Office HealthShare Credit Union 27401 (336) 832-4262 No 8.31
Greensboro Municipal CU Soabar St 2200 Soabar St 27401 (336) 373-2090 No 8.37

Summit Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Summit Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.95 4.45 5.25 5.50 6.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 154 335 356 324 341
Rank Among All North Carolina Credit Unions 10 30 32 29 19

Summit Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.15 0.40 0.60 0.60
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 119 76 240 211
Rank Among All North Carolina Credit Unions N/A 12 12 22 15
Summit Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.9504,98513,040,424
All Other Unsecured Loans/Lines of Credit 13.9507,22312,180,964
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.4502103,991,880
Used Vehicle Loans 5.2504,84152,306,030
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.50084254,544,504
Total Other Real Estate Loans/Lines of Credit 6.00067615,970,939
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 9.0001,3824,333,320
TOTAL LOANS & LEASES 20,159156,368,061

Summit Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 1897,152,66112781,372
    b. 15 Years or less 20414,405,297101,063,860
    a. > 15 years 204,692,31841,999,274
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 29310,707,3348452,435
Adjustable Rate > 1 yr 13617,586,894111,872,820


Closed-End Fixed Rate 832,113,62814396,533
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 59313,857,31131753,707
Open-End Fixed Rate 0000
TOTALS 1,51870,515,443907,320,001


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Summit Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes