The Summit Blog

Insights and tips to help you with your finances, plus information from The Summit’s community partners.

Smart Parents Teach Their Kids These Financial Lessons – Part II

April 12, 2022

By Dawn Kellogg Talking to your child about money does not have to be awkward. This series of blogs will help you navigate through the conversations and make them not only educational, but interactive and fun. Yes, money can be fun! Lesson #2 – The 3 S’s: Saving, Spending, Sharing In this article, we’ll talk […]

Read More
mother and daughter making purchase on tablet

Smart Parents Teach Their Kids These Financial Lessons

April 7, 2022

By Dawn Kellogg Talking to your child about money does not have to be awkward. This series of blogs will help you navigate through the conversations and make them not only educational, but interactive and fun. Yes, money can be fun! Lesson #1: Showing your kids where money comes from. “Money doesn’t grow on trees” […]

Read More

Financial Literacy Now Ensures Financial Health Later – Advice for College Students

April 5, 2022

By Dawn Kellogg April is Financial Literacy Month! As college students, financial literacy is especially important now as it’s a sign of how financially successful you’ll be later in life. A national study by the Financial Industry Regulatory Authority (FINRA) found that only 34% of Americans could answer basic financial literacy questions. Adopting basic financial skills […]

Read More

Student Loan 101

March 24, 2022

By Dawn Kellogg Congratulations! Your child has just been accepted to the university of their choice!  You cry happy tears, knowing that the next exciting chapter of their life is about to unfold. Then, reality sets in and, possibly, anxiety as you think about how much a degree costs. You might have been setting aside […]

Read More

GreenPath Offers Resources for Members of the Summit

March 15, 2022

By Dawn Kellogg If you’ve ever had a chance to explore The Summit’s website (and we hope you have), you may have noticed some articles and links to GreenPath, The Summit’s Financial Education partner. GreenPath has a wealth of resources available to members of The Summit. Their certified experts can help you navigate the big moments […]

Read More

HELOC 101

March 9, 2022

By Dawn Kellogg What is a Home Equity Line of Credit?  And who/what is it good for? A home equity line of credit, or HELOC, is a type of home equity loan – basically, a second mortgage. It allows you to draw funds as you need them and repay the money at a variable interest rate. […]

Read More

5 Tips to Jump-Start Your Savings Plan

February 18, 2022

By GreenPath Financial Wellness  It’s human nature. We’re all wired to meet our immediate wants, whether it’s indulging in a tempting bowl of ice cream, spending more time than we planned scrolling through social media, or treating ourselves to an impulse purchase. Unplanned expenses or emergencies are other common life events. A car or house repair, or even […]

Read More

Online Sports Betting Safety

February 10, 2022

By Dawn Kellogg, Public Relations and Community Engagement Specialist According to Forbes Magazine, over 23 million Americans plan to bet more than $4.3 billion on this year’s Super Bowl. Over 1/3 of those people plan to bet online. There is no doubt – sports betting, particularly online, is exploding. Goldman Sachs Group Inc predicts that […]

Read More
data privacy day

January 28th: Data Privacy Day

January 28, 2022

By David Czarniak, Information Security Specialist Today is Data Privacy Day! We all know what a jungle the cyberworld can be. Now, more than ever, it is important to safeguard yourself from those who would take and misuse your personal information. To raise awareness, and promote data privacy best practices, here are some useful tips […]

Read More
Laurie Baker

Kindness Pays

January 13, 2022

By Laurie Baker, President and CEO We live in challenging times. When we posted notices in our branches in 2020 announcing adjustments due to COVID-19, who could have foreseen that we would still be navigating a pandemic nearly two years later? I like to think that we have learned a lot over the past 22 […]

Read More

Ring in a New Year of Financial Wellness

December 31, 2021

As the New Year approaches, many of us make lists. Lists of resolutions, goals, and hopes. For me, I always have a goal to become more organized, and to get in better physical shape.  This year particularly, I am adding the goal of financial wellness to my list. The New Year offers a great opportunity […]

Read More
THe Summit Federal Credit Union Difference

The Credit Union Difference

October 21, 2021

How are credit unions different? Our President and CEO, Laurie Baker, shares her thoughts on why so many people choose credit unions for their financial services needs.

Read More