Summit Federal Credit Union, headquartered at 100 Wheeler St, Akron, Ohio, operates as a member-owned, nonprofit financial cooperative serving individuals who share a common bond. Founded to provide affordable financial services, the organization emphasizes democratic governance, with members electing representatives to a volunteer board of directors. Its structure centers on member needs, prioritizing core banking functions within a cooperative framework rather than for-profit shareholding.
The credit union offers a range of essential financial services, including deposit accounts, consumer loans, and loan-related products designed to support practical financial goals. As a cooperative, it typically emphasizes accessibility and education, aiming to promote financial inclusion for its membership. Operational scope encompasses branch network activities, member services, and community-oriented initiatives aligned with the cooperative model. The organization maintains regulatory compliance and accountability through appropriate supervisory and insurance arrangements, ensuring prudent risk management and safeguarding members’ funds. Its history reflects a commitment to stability, reliability, and service within the regional credit union landscape.
Better than 33% of providers in Akron
In addition to the primary service, Summit Federal Credit Union also offers:
Other providers in Akron with similar ratings:
Summit Federal Credit Union is a verified financial service provider. This means we have confirmed their business information, contact details, and they have received customer reviews. You can trust this provider for your financial needs.
Find answers to common questions
Summit Federal Credit Union is listed as a financial service provider in Akron, OH and must follow both state and federal regulations that apply to this type of business. As with any financial provider, you should review the agreement carefully before signing, make sure you understand all fees and repayment terms, and only use official contact details from this page or the company's own website. Avoid sharing personal or payment information with anyone who contacts you unexpectedly and, if something seems unclear, ask Summit Federal Credit Union to explain the terms in writing before you proceed.
To improve your chances of getting better terms from Summit Federal Credit Union, be prepared with accurate information about your income, existing debts, and the amount you really need to borrow. If possible, check your credit history in advance, avoid late payments on other accounts, and consider offering collateral if the product allows it, as stronger overall finances can help you qualify for more favorable rates or fees. It's also a good idea to compare Summit Federal Credit Union with other providers in Akron and to ask directly about any current promotions, loyalty benefits, or ways to reduce the total cost of your loan.
Summit Federal Credit Union has a rating of 4.3, which is better than 33% of providers in Akron.
Requirements can vary by product, but for most visits you should be ready to bring a valid government-issued ID, proof of income (such as recent pay stubs or bank statements), and proof of address like a utility bill or lease. If you are applying for a title or secured loan, you may also need the vehicle title, registration, and insurance details, along with any other documents Summit Federal Credit Union requests. It is always best to call ahead using the phone number on this page so Summit Federal Credit Union can confirm exactly which documents you need for your specific situation.
In addition to its primary service, Summit Federal Credit Union also offers: Federal credit union, ATM, Credit union, Financial institution.