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Summit Credit union logo Summit Credit Union in Milwaukee. Established in 1935, Summit Credit Union is a member-owned financial cooperative. Summit holds $7.3 billion in assets and has more than 261,100 members and 920 employees across 60 locations throughout Wisconsin.
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Bankrate insight. There were 4,614 banks and 4,645 credit unions that were federally insured in the third quarter of 2023. (FDIC and NCUA)While the number of credit unions declined from the ...
The National Credit Union Administration is the U.S. independent federal agency that supervises and charters federal credit unions. As of December 31, 2022, there were 4,760 federally insured credit unions in the United States with 135.3 million members.
By 2007, Great Wisconsin Credit Union had approximately 46,000 members and 428 million dollars in assets. [2] As of 2008, the credit union had a total of nine locations throughout Wisconsin. [1] The credit union became defunct in 2008, after a merger with Summit Credit Union.
An account holder’s money in a deposit account is no more or less safe at a credit union than at a bank. What Types of Accounts Are NCUA Insured, and for How Much?
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