The Summit Blog | The Summit Federal Credit Union

Financial Planning

Planning a Wedding? Here’s Some Tips to Help You Stay on Budget

By Dawn Kellogg You’ve dreamt of your wedding for your entire life and you’re finally planning the big day. Congratulations! Hopefully, you’ve started planning early with time to shop around and compare prices on all the things that you will need for the perfect ceremony and reception. According to the wedding planning website, Zola, the cost […]

Financial Planning

Rebuilding Your Finances After a Natural Disaster

By GreenPath Financial Wellness When disaster strikes, peace of mind often takes the biggest hit. In the aftermath, you may be grappling with more than just physical damage—you’re also facing the emotional toll of uncertainty, disrupted routines, and financial strain. It’s not just about what was lost, but how to regain a sense of control […]

Education & Security

Protecting Your Personal Information

By Dawn Kellogg Compromised credentials can lead to unauthorized access to your online banking accounts and other sensitive information, and could lead to financial loss, and identity theft. It’s essential to take proactive steps to secure your passwords in order to safeguard your personal information. Tips to Improve your Password Hygiene: Your account security is […]

Company & Community News

What’s New at This Year’s Taste of Syracuse?

There’s always something new to experience at The Taste of Syracuse – new tastes to sample, new musical acts, and new vendors. Several new restaurants will be joining this year’s Taste and for the first time, the festival will have a visual art component. “Art in the Park” will feature a Pop-Up Art Market and […]

Financial Planning

Financial Strategies for Dual Caregivers

By GreenPath Financial Wellness Did you know that the number of family caregivers supporting older adults increased by nearly one-third between 2011 and 2022? This trend means more individuals are juggling the responsibilities of caring for both aging parents and their own children. For dual caregivers, the financial strain is overwhelming: nearly 80% of family […]

Checking & Savings Accounts

Financial Capability Month Challenge: 30 Days to a Better Budget

By Greenpath Financial Wellness April is Financial Capability Month, making it the perfect time to put fresh eyes on your finances. Ever checked your account balance and thought, where did all my money go? You’re not alone. A well-structured budget doesn’t have to be about cutting back – it’s about gaining control, reducing stress, and […]

Online & Mobile Banking

Digital Wallets – Changing the Way We Pay

By Dawn Kellogg We hear the phrase “digital wallet” used regularly, but what exactly is it and how can it simplify your life? The use of digital wallets has become increasingly popular over the years. According to a study by McKinsey & Company, as of 2022, 89% of Americans have used at least one form […]

Education & Security

Destroying Old Documents

By Dawn Kellogg Even with paperless technology, everyone has documents in their possession that contain sensitive information. Items like bank and credit card statements, pay stubs, receipts, old tax returns, etc. clutter our desks and files. What documents should you keep? Which should you destroy? How best to destroy them? Why destroy old paperwork? In […]

Credit & Debit

Balance Transfer 101

By Dawn Kellogg A Balance Transfer can save you money by moving your debt from a high-interest credit card, to one with a lower APR. But how do they work and is it right for you? What is a Balance Transfer? The transaction in which you move debt from a high interest credit card to […]

Financial Planning

Ways to Save in 2025

By Dawn Kellogg One New Year resolution that is always at the top of my list is saving more. Whether I am looking at growing my emergency fund, or saving for a large purchase or vacation, at this time of year I traditionally make it a point to revisit my budget, to see where I […]

Company & Community News

Supporting First Generation College Students

By Laurie Baker It is a privilege to have several SUNY Geneseo alumni as employees and volunteers at The Summit, including our VP of Marketing and Community Engagement, Twanda Christensen; Vice Chair of our Board, Mollene Benison; and myself. I came to this part of New York State specifically to attend SUNY Geneseo and I […]

Credit & Debit

6 New Year Resolutions to Make for a Financially Bright 2025

By Dawn Kellogg We make them every year – those resolutions that we may (or may not) keep. For me, losing weight, reading more books, and not being glued to my cell phone top the list. But how many of us take the new year to make some financial resolutions? Here are 6 easy (and […]