Summit News

We are dedicated to making a positive impact on people in our towns and cities.

The Summit Federal Credit Union Virtual Bank

The Summit Launches Virtual Branch

July 9, 2021

The Summit Federal Credit Union has launched our Virtual Branch. Convenient, safe and easy to use, the branch features one-on-one, live interaction with a Summit Relationship Specialist, who can help with just about anything that can be done at a physical branch. Users connect from anywhere, right from a mobile or other electronic device. It’s […]

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Top Workplaces Rochester Winner

The Summit Wins Several Top Workplaces Honors

March 25, 2021

Awards Based on Employee Feedback The Summit Federal Credit Union has been named one of the Top Workplaces in the Financial Services Industry nationwide, as well as one of the Top Workplaces in Rochester. The Summit also recently received notice that we have won a third award, the Top Workplaces Women-Led Culture Excellence award. This […]

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Laurie Baker Named to Rochester Power 33 List

Laurie Baker Named to Power 33 List

December 22, 2020

Laurie Baker, President and CEO of The Summit Federal Credit Union, has been named to the Rochester Business Journal’s first “Power 33” List. Focusing on those industries that “lifted” the Rochester region during the pandemic, the list spotlights local leaders in accounting, banking and healthcare. Laurie Baker was included for leading The Summit’s actions to […]

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The Summit Federal Credit Union's Credit Cards Featured at Cardrates.com

The Summit’s Credit Cards Spotlighted at Cardrates.com

November 13, 2020

The Summit Federal Credit Union’s Visa® Credit Cards were featured on a popular site for people researching credit cards. The team at cardrates.com recently spoke with Mark Gregory, The Summit’s Vice President of Lending, about how our cards are different from each other, and what they offer cardholders. The article focuses on card features, such […]

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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. […]

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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 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, […]

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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.

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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 […]

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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 […]

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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. […]

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