We are dedicated to making a positive impact on the people in the cities and towns we do business in.

Forbes Best In State Credit Unions Logo

Forbes Names The Summit One of the Best Credit Unions in U.S.

October 19, 2020

Forbes has named The Summit Federal Credit Union as one of the nation’s best in-state credit unions.


The honor is based on a survey of current and former members who assessed their credit unions on trust, terms & conditions, branch services, digital services and financial advice. Survey-takers also cited overall satisfaction with a credit union. Only 3% of the 5,000 credit unions nationwide made the list.


Forbes is a respected media and research organization focused mainly on business and finance.

The Summit Federal Credit Union Rated Five Stars

The Summit Earns Highest Rating from Bauer Financial

October 7, 2020

The Summit Federal Credit Union has earned a 5-star rating from Bauer Financial, Inc., an independent organization that analyzes and reports on U.S. financial institutions. The 5-star rating is given to those banks and credit unions that exhibit excellent strength overall. It is the highest rating possible.

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The Summit FCU Board Chair Chris Modesti

The Summit Board of Directors Appoints Chair

August 20, 2020

Chris Modesti has been appointed Chair of the Board of Directors for The Summit Federal Credit Union. A member of the Board since 2013, he also served on the Supervisory Committee for over 4 years, including as Chair.


Since 2019, Chris has been the Executive Vice President and Chief Financial Officer of Sweeteners Plus, LLC, a manufacturer and distributor of sugar products in Lakeville, New York. Formerly President of Biomaxx, Inc., he remains on the Board there, and is also a Board Director at Highland Hospital and the Rochester Chapter of Financial Executives International, as well as a Trustee of the University of Rochester Newman Interfaith Chapel.


Chris holds a BS degree in Business Management and Marketing from Cornell University and an MBA from the William E. Simon Graduate School of Business Administration at the University of Rochester.

Laurie Baker, CEO

Laurie Baker Discusses Diversity, Equity & Inclusion

March 23, 2020

For Women’s History Month, the Credit Union National Association (CUNA) asked The Summit’s CEO, Laurie Baker, her views on diversity, equity and inclusion for credit unions. Read the interview here.

The Summit Federal Credit Union

New ATMs Deliver Enhanced Convenience and Security

March 5, 2020

All locations of The Summit Federal Credit Union will install updated ATMs at various times in 2020. These new ATMs bring a new level of convenience to users while using the latest safety features for personal safety and account security.


The machines have a 19-inch display for easy viewing as well as a more intuitive interface, with Actiview™ technology for secure data input and quicker navigation. The machines also take advantage of the financial industry’s leading data security enhancements, including upgraded physical security technology and cameras, plus the industry’s first anti-skimming ActivEdge™ card reader. No envelopes are needed to deposit cash or checks.


Each machine upgrade will require minimal downtime. The ATMs at the branches listed below are scheduled for replacement soon. Dates are subject to change.


Henrietta: March 26

Main/Winton: March 31

Penfield: April 2

Delaware/Hertel: April 4


As a reminder, members of The Summit have access to over 55,000 surcharge-free ATMs nationwide. Locations for these as well as all Summit ATMs may be found at summitfcu.org.


We apologize for any inconvenience that these upgrades may cause, but know that these enhancements will result in improved safety for members and anyone using our ATMs.


Please feel free to contact our member service center by visiting summitfcu.org or by calling (585) 453-7030 or (800) 836-7328 with any questions.

Laurie Baker, CEO, The Summit Federal Credit Union

The Summit Announces New CEO

January 7, 2020

We are excited to announce that starting February 1, 2020, Laurie Baker will assume the role of President and Chief Executive Officer (CEO) of The Summit Federal Credit Union. She will replace Mike Vadala, our longstanding and beloved President and CEO who is retiring after 35 years at The Summit, 25 as CEO. Laurie is currently The Summit’s Senior Vice President and Chief Operating Officer. Congratulations, Laurie!

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The Summit Federal Credit Union

Loan Extension Available for Members Affected by RCSD Layoffs

December 16, 2019

To all of our members affected by the recent Rochester City School District layoffs, we’re here to help.  If you have been affected by the layoffs, you may ask for a one- to three-month loan extension. To find out if your loan is eligible, please contact our Member Service Center at (800) 836-7328 extension 7030. We want to help you through this difficult time. 

Wheel for Charity at ROC the Taste

Sponsors of ROC the Taste to Present Event Proceeds

November 4, 2019

Representatives from The Summit Federal Credit Union and Tops Friendly Markets will present checks to Center for Youth and Villa of Hope this Thursday, November 7th at 2:30pm at The Summit’s Brighton Branch. The checks contain the charitable proceeds of the ROC the Taste food and music festival, held July 26th and 27th in Parcel 5, downtown Rochester.

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The Summit Sponsors Irondequoit Beer Company Grand Opening

October 21, 2019

The Summit is excited to welcome Irondequoit Beer Company to one of our great communities. Please join us for the Grand Opening celebration October 26th from 4-10pm at the brewery, 765 Titus Ave., Rochester. It is the only time you’ll be able to order The Summit Saison; pair it with the Vadala cheese plate, named for Mike Vadala, our President and CEO. Familiar faces from The Summit will also be there with giveaways. Please drink responsibly.

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East High School, Rochester, NY

The Summit and East High School Announce Scholarship

October 2, 2019

The Summit Federal Credit Union and East High School are partnering to offer the “Locally Committed” Scholarship. $500 will be awarded to each of two graduating East High School seniors who have made an exceptional commitment to the school and Rochester community. Scholarship applications are available online and at The Summit’s Main/Winton branch at 2315 E. Main Street, Rochester. The deadline for applying is February 28th, 2020.

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Media Contact

If you are a member of the press and would like additional information or would like to request an interview, please contact our Public Relations Specialist, Cynthia Kolko, at (585) 453-7058 or (800) 836-7328 extension 7058.