Forbes names The Summit FCU a best-in-state credit union

Forbes has named The Summit Federal Credit Union one of the nation’s best in-state credit unions for 2020.

The honor is based on the results of a survey of current and former members who assessed their credit unions. The survey measured overall recommendations and satisfaction, as well as trust, terms and conditions, branch services, digital services and financial advice. 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.

“We’re really happy to get this confirmation of what our members already know: That they can trust The Summit and our commitment to giving them the very best experience with us,” said Laurie Baker, president and CEO of The Summit.

The Summit also recently received recognition from Bauer Financial, which awarded The Summit a 5-star rating (its highest) for fiscal strength and superior attention to service.

About The Summit Federal Credit Union

Founded in 1941, The Summit Federal Credit Union is a not-for-profit, member-owned, full-service financial cooperative. With approximately $1.1 billion in assets, The Summit has over 230 employees and provides a full range of affordable financial products and services to over 88,000 active members in Central and Western New York. For more information, visit summitfcu.org.