The Summit Federal Credit Union
Headquarters
100 Marina Dr
Rochester, NY 14626
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2025 Overview
General Credit Union Information
The Summit is an NCUA insured institution located in Rochester, NY. It was founded in 1941 and has approximately $1374.96 millions in assets.
Who can join?
You're eligible to join if:
You're an employee, retiree, or volunteer of one of The Summit's member companies.
You're related to or share a permanent residence with a Summit member or potential member
You live, work, worship, volunteer, or attend school within the geographic boundaries of one of The Summit's Community Charters:
City of Buffalo
City of Geneva
City of Rochester
City of Syracuse
City of Tonawanda
Town of Amherst
Town of Henrietta
Town of Tonawanda
Cortland County
| NCUA Insured | Yes / Federally Chartered |
| Charter Number # | # 4580 |
| Date Established | 1941 |
| Assets | $1,374.96 million |
| Loans | $1,123.93 million |
| Deposits | $1,211.05 million |
| Capital | $147.78 million |
Field of Membership Restrictions
Membership in The Summit Federal Credit Union is open to those who live, work, worship, volunteer or attend school in the City of Buffalo, City of Geneva, City of Rochester, City of Syracuse, City of Tonawanda, Town of Amherst, Town of Henrietta, Town of Tonawanda, or Cortland County. Employees, retirees, or volunteers of a member company are also eligible to join, as are the relatives of existing Credit Union members.
Deposit Rates - July 6, 2025
Your Current Location: Texas, TX 10007
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| SAV
|
0.05% | $100 | - |
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|
|
Money Market
|
0.50% | $1,500 | $9,999 |
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|
|
Money Market
|
0.80% | $10,000 | $24,999 |
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|
|
Money Market
|
1.00% | $25,000 | $49,999 |
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|
|
Money Market
|
1.10% | $50,000 | - |
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|
|
Money Market
|
1.20% | $75,000 | $149,999 |
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|
|
Money Market
|
1.40% | $150,000 | - |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
3.95% | $500 | - |
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|
| 6 Months Jumbo
|
4.20% | $75,000 | - |
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|
| 12 Mo CD
|
3.95% | $500 | - |
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|
| 12 Mo CD
|
4.20% | $75,000 | - |
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|
| 18 Mo CD
|
3.85% | $500 | - |
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|
| 18 Mo CD
|
4.10% | $75,000 | - |
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|
| 24 Mo CD
|
3.85% | $500 | - |
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|
| 24 Months Jumbo
|
4.10% | $75,000 | - |
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|
| 30 Mo CD
|
3.00% | $500 | - |
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|
| 36 Mo CD
|
3.00% | $500 | - |
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|
| 48 Mo CD
|
2.65% | $500 | - |
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|
| 60 Mo CD
|
2.65% | $500 | - |
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|
Loan Rates - July 6, 2025
Your Current Location: Texas, TX 10007
There are currently no loan rates available for The Summit
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Texas 30 Year Fixed Mortgage Rates 2025
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 1945532 |
6.139% | 6.000% | 0.50 | $4,800 | $1,919 | Learn More |
NMLS ID: 2578474 |
6.240% | 6.125% | 0.88 | $3,930 | $1,945 | Learn More |
NMLS ID: 1025894 |
6.569% | 6.490% | 0.63 | $2,633 | $2,021 | Learn More |
NMLS ID: 401822 |
6.632% | 6.500% | 0.75 | $4,395 | $2,023 | Learn More |
Featured - Texas Home Equity Line Of Credit Rates 2025
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Achieve Loans See Table |
Intro APR 10.375 % After Intro: 10.375 % |
$0 |
Learn More
More Info |
Note to The Summit
To upload and update your bank's rates please register.
It is free to register and add rates.
Branches
Below are The Summit branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Carrollton,Texas
The Summit Locations around zip code 10007
| Branch | Distance | Map | View Lobby Hours |
|---|---|---|---|
| 247.49 | A | View Lobby Hours | |
| 1178.36 | B | View Lobby Hours | |
| 1188.04 | C | View Lobby Hours | |
| 1237.09 | D | View Lobby Hours | |
| 1238.46 | E | View Lobby Hours | |
| 1238.46 | F | View Lobby Hours | |
| 1238.60 | G | View Lobby Hours | |
| 1242.04 | H | View Lobby Hours | |
| 1243.61 | I | View Lobby Hours | |
| 1244.02 | J | View Lobby Hours | |
| 1245.13 | K | View Lobby Hours | |
| 1267.58 | L | View Lobby Hours | |
| 1283.28 | M | View Lobby Hours | |
| 1283.89 | N | View Lobby Hours | |
| 1301.83 | O | View Lobby Hours | |
| 1302.60 | P | View Lobby Hours | |
| 1302.77 | Q | View Lobby Hours | |
| 1308.64 | R | View Lobby Hours |
Climate Policy and Initiatives
THE SUMMIT is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
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Financial Details
The Summit Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of The Summit. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| The Summit | U.S. Average |
|---|---|
| 6.99% | 7.07 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of December 31, 2024, The Summit had $10,575,445 in non-current loans and $51,818 in owned assets. To cover these potential losses it had $147,775,847 in net worth and $4,310,192 in loans loss reserves. That gives it a Texas Ratio of 6.99%.
Net Worth
| The Summit | U.S. Average |
|---|---|
| 10.74% | 14.25% |
The Summit FCU has a net worth of 10.74% versus the BestCashCow average of 14.25. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Customer Reviews for The Summit
ashes201@verizon.net
April 12, 2019
Your website states 11 months IRA CD at 3% but when I called in morning, I was told that it expired on 4/10. please update your website.
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