laptop with credit cards

Should I Transfer My Credit Card Balances?

November 4, 2019

  Why Transferring Balances to a New Card May Be a Good Idea What does it mean to carry a balance? Having a credit card lets you borrow money from the card issuer for purchases. The amount of money you charge during one billing cycle (usually a month) is really a loan. The total amount […]


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Catwalk for Community

October 21, 2019

Cynthia Kolko is the Community and Public Relations Specialist at The Summit Federal Credit Union. Here, she describes what happened when she and some co-workers from The Summit attended a Rochester Fashion Week event.   At The Summit, supporting our communities is just part of what we do. And if there’s a way to have […]


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Couple figuring out mortgage finances

What’s the Difference Between APR and Interest Rate?

September 6, 2019

Autumn leaves will be falling soon, but what’s falling now are interest rates. The Summit’s Mortgage Team has been extra busy helping people take out mortgages or refinance existing ones. Of course, they answer a lot of questions. We thought we’d explain one of the most common: What’s the difference between an APR and an […]


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Parents: You’ve thought about money for college. Now, think about money at college.

August 9, 2019

This we know: college costs money. But while parents are calculating the expense of tuition, room and board, they can sometimes overlook the fact that students usually need additional funds for things like supplies, transportation and personal items (and maybe pizza). To give students a way to make purchases, parents typically choose either a debit […]


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Volunteers help build a Habitat for Humanity home.

Restocking the ReStores

August 2, 2019

WBEE’s “Let’s Garage Sale” Helps Habitat for Humanity Provide Rochester Housing The Summit Federal Credit Union is a sponsor of WBEE’s “Let’s Garage Sale” program with D.J. Terry Clifford, providing refreshments and signage to those Rochester-area sales Terry chooses to highlight. As a not-for-profit ourselves, The Summit loves to partner with those organizations that make […]


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A Big New Addition to 2019 Roc the Taste

July 23, 2019

Q: How Do You Make a Successful Festival Better? A: Beer.* Last summer, there was an explosion in Parcel 5 called Roc the Taste. At its debut in 2018, the free food and music festival drew 50,000 people downtown. Event-goers tried $1 tastes from great restaurants, listened to music and gathered with friends. Social media […]


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Villa of Hope Focused on Making Triumph Possible

July 15, 2019

Our guest blogger, Jean Grover, is the Manager of Marketing and Community Relations at Villa of Hope, one of ROC the Taste’s beneficiaries. Come meet folks from Villa of Hope at Parcel 5 Saturday, July 27th, and help us support this organization that is so dedicated to Rochester’s youth. ROC the Taste is happening July […]


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The Danielle Downey Effect

July 12, 2019

The Danielle Downey Credit Union Classic begins this week. We asked four tournament staffers to tell us how their involvement helped shape them professionally and personally. Here is what they shared.   Kristen Bromley Playing in the Danielle Downey Future of Women’s Golf Pro-Am1 was an experience like no other. When I was in high […]


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The Center for Youth is Ready for Roc The Taste

July 8, 2019

Along with Villa of Hope, the Center for Youth is a beneficiary of “Tribute to Youth” weekend at ROC the Taste, held July 26th-July 27th in Parcel 5, downtown Rochester. Activities at ROC the Taste help The Summit and TOPS Markets support the Center for Youth. Jason Roberts, Director of Development, Marketing & Special Events […]


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A man and a woman holding packing boxes in their new home they purchased with a mortgage from The Summit.

Buying Your First Home: Four Tips

July 3, 2019

Have you heard? We’re number One! Rochester has been ranked the top hottest real estate market in nation. If you’re among those looking to buy your first home in 2019—whether in Rochester or elsewhere–The Summit is here to help! Buying a new home can be an intimidating and time-consuming process. Lucky for you, there are […]


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