SUMMIT
Federal • Akron, Ohio • Est. 1951
Quick Facts
- Charter Number
- #7182
- Type
- Federal
- Established
- 1951
- Headquarters
- Akron, Ohio 44309-1460
- Address
- P O Box 1460
- Branches
- 2
- ATMs
- 1
- Members
- 4,650
- Membership Type
- Community
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Exceptionally well-capitalized with outstanding net worth ratio, very low delinquency, and strong earnings. One of the most financially sound credit unions in the country.
Financial Overview
Total Assets
Members
4,650 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | SUMMIT |
|---|---|
| Total Assets | $59.9M |
| Members | 4,650 |
| Loans Outstanding | $31.3M |
| Shares & Deposits | $50.6M |
| Net Worth | $8.9M |
| Net Worth Ratio | 14.91% |
| Loan-to-Share Ratio | 61.9% |
| Delinquency Rate | 0.44% |
| Net Income | +$626,060 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
2 locations · 1 ATMs
Akron Office
Main Office100 Wheeler St
Akron, OH 44311-1122
Salem Branch
1070 E State St Ste C
Salem, OH 44460-2200
Who Can Join SUMMIT?
Membership Type: Community
Membership eligibility for SUMMIT may vary. Contact the credit union directly to confirm qualification requirements.
Contact SUMMIT directly or visit their website for the most accurate and up-to-date membership eligibility information.
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View Ohio RankingsFrequently Asked Questions
Yes. SUMMIT is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, SUMMIT has 4,650 members and a potential membership field of 23,047 people.
SUMMIT's net worth ratio is 14.91% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 14.9%, SUMMIT meets this threshold.
SUMMIT operates 2 branch locations and has access to 1 ATMs. The main office is located at 100 Wheeler St, Akron, OH 44311-1122.
SUMMIT was established in 1951. It is a federal credit union chartered under charter number 7182. The institution has been serving members for 75 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or SUMMIT. All financial data is for informational purposes only.