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Employer Identification Number 56-0432082

SUMMIT CREDIT UNION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:SUMMIT CREDIT UNION
Employer identification number (EIN):56-0432082
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:522130
NAIC Description:Credit Unions
401k Pension/Benefits registration SUMMIT CREDIT UNION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTo provide loans and services to members at reasonable rates and costs. # of loans=21,293. Amount=$162,953,987. # of members=33,987.
Number of Employees0
Number of Volunteers9
Year Formed1935

Organization Governance

Legal DomicileNC
Voting Members - Governing Body9
Voting Members - Independent33987

Organization Financials

2025-12-31
Total unrelated business incomeUSD $ 408,715
Net unrelated business incomeUSD $ 190,470
Program Service Revenue from prior yearUSD $ 21,720,353
Program Service Revenue from current yearUSD $ 22,421,180
Investment Income from prior yearUSD $ 2,306,968
Investment Income from current yearUSD $ 3,063,888
Other Revenue from prior yearUSD $ 404,449
Other Revenue from current yearUSD $ 408,715
Gross receipts from all sourcesUSD $ 25,893,783
Net assets / fund balances at end of fiscal yearUSD $ 54,978,658
Net assets / fund balances at beginning of fiscal yearUSD $ 50,394,876
Total liabilities at end of fiscal yearUSD $ 305,284,672
Total liabilities at beginning of fiscal yearUSD $ 299,008,278
Total assets at end of fiscal yearUSD $ 360,263,330
Total assets at beginning of fiscal yearUSD $ 349,403,154
Revenues less expenses for current yearUSD $ 2,767,705
Revenues less expenses for previous yearUSD $ 3,017,427
Total expenses for current yearUSD $ 23,126,078
Total expenses for previous yearUSD $ 21,414,343
Other expenses in current yearUSD $ 14,871,802
Other expenses in previous yearUSD $ 12,714,714
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 8,254,276
Employee salary and benefits paid in previous yearUSD $ 8,699,629
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 25,893,783
Total revenue in previous fiscal yearUSD $ 24,431,770
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 408,715
2023-12-31
Total unrelated business incomeUSD $ 347,519
Net unrelated business incomeUSD $ 48,091
Program Service Revenue from prior yearUSD $ 16,931,114
Program Service Revenue from current yearUSD $ 19,666,593
Investment Income from prior yearUSD $ 1,520,049
Investment Income from current yearUSD $ 1,845,481
Other Revenue from prior yearUSD $ 250,791
Other Revenue from current yearUSD $ 347,519
Gross receipts from all sourcesUSD $ 21,859,593
Net assets / fund balances at end of fiscal yearUSD $ 43,764,194
Net assets / fund balances at beginning of fiscal yearUSD $ 39,075,102
Total liabilities at end of fiscal yearUSD $ 294,447,434
Total liabilities at beginning of fiscal yearUSD $ 297,572,148
Total assets at end of fiscal yearUSD $ 338,211,628
Total assets at beginning of fiscal yearUSD $ 336,647,250
Revenues less expenses for current yearUSD $ 2,699,739
Revenues less expenses for previous yearUSD $ 2,648,423
Total expenses for current yearUSD $ 19,159,854
Total expenses for previous yearUSD $ 16,053,531
Other expenses in current yearUSD $ 10,995,486
Other expenses in previous yearUSD $ 8,462,158
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 8,164,368
Employee salary and benefits paid in previous yearUSD $ 7,591,373
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 21,859,593
Total revenue in previous fiscal yearUSD $ 18,701,954
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 347,519
2022-12-31
Total unrelated business incomeUSD $ 250,791
Net unrelated business incomeUSD $ 59,624
Program Service Revenue from prior yearUSD $ 17,160,527
Program Service Revenue from current yearUSD $ 16,931,114
Investment Income from prior yearUSD $ 866,255
Investment Income from current yearUSD $ 1,520,049
Other Revenue from prior yearUSD $ 273,729
Other Revenue from current yearUSD $ 250,791
Gross receipts from all sourcesUSD $ 18,701,954
Net assets / fund balances at end of fiscal yearUSD $ 39,075,102
Net assets / fund balances at beginning of fiscal yearUSD $ 42,206,678
Total liabilities at end of fiscal yearUSD $ 297,572,148
Total liabilities at beginning of fiscal yearUSD $ 295,364,728
Total assets at end of fiscal yearUSD $ 336,647,250
Total assets at beginning of fiscal yearUSD $ 337,571,406
Revenues less expenses for current yearUSD $ 2,648,423
Revenues less expenses for previous yearUSD $ 3,487,899
Total expenses for current yearUSD $ 16,053,531
Total expenses for previous yearUSD $ 14,812,612
Other expenses in current yearUSD $ 8,462,158
Other expenses in previous yearUSD $ 7,234,518
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,591,373
Employee salary and benefits paid in previous yearUSD $ 7,578,094
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 18,701,954
Total revenue in previous fiscal yearUSD $ 18,300,511
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 250,791
2021-12-31
Total unrelated business incomeUSD $ 273,729
Net unrelated business incomeUSD $ 14,533
Program Service Revenue from prior yearUSD $ 16,468,215
Program Service Revenue from current yearUSD $ 17,160,527
Investment Income from prior yearUSD $ 1,036,813
Investment Income from current yearUSD $ 866,255
Other Revenue from prior yearUSD $ 232,999
Other Revenue from current yearUSD $ 273,729
Gross receipts from all sourcesUSD $ 18,300,511
Net assets / fund balances at end of fiscal yearUSD $ 42,206,678
Net assets / fund balances at beginning of fiscal yearUSD $ 39,193,582
Total liabilities at end of fiscal yearUSD $ 295,364,728
Total liabilities at beginning of fiscal yearUSD $ 266,018,941
Total assets at end of fiscal yearUSD $ 337,571,406
Total assets at beginning of fiscal yearUSD $ 305,212,523
Revenues less expenses for current yearUSD $ 3,487,899
Revenues less expenses for previous yearUSD $ 1,807,855
Total expenses for current yearUSD $ 14,812,612
Total expenses for previous yearUSD $ 15,930,172
Other expenses in current yearUSD $ 7,234,518
Other expenses in previous yearUSD $ 8,401,747
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,578,094
Employee salary and benefits paid in previous yearUSD $ 7,528,425
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 18,300,511
Total revenue in previous fiscal yearUSD $ 17,738,027
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Revenue from membership duesUSD $ 0
Total of other revenueUSD $ 273,729
2020-12-31
Total unrelated business incomeUSD $ 232,999
Net unrelated business incomeUSD $ 11,873
Program Service Revenue from prior yearUSD $ 16,719,402
Program Service Revenue from current yearUSD $ 16,468,215
Investment Income from prior yearUSD $ 1,553,288
Investment Income from current yearUSD $ 1,036,813
Other Revenue from prior yearUSD $ 160,447
Other Revenue from current yearUSD $ 232,999
Gross receipts from all sourcesUSD $ 17,738,027
Net assets / fund balances at end of fiscal yearUSD $ 39,193,582
Net assets / fund balances at beginning of fiscal yearUSD $ 37,691,625
Total liabilities at end of fiscal yearUSD $ 266,018,941
Total liabilities at beginning of fiscal yearUSD $ 225,862,107
Total assets at end of fiscal yearUSD $ 305,212,523
Total assets at beginning of fiscal yearUSD $ 263,553,732
Revenues less expenses for current yearUSD $ 1,807,855
Revenues less expenses for previous yearUSD $ 2,496,357
Total expenses for current yearUSD $ 15,930,172
Total expenses for previous yearUSD $ 15,936,780
Other expenses in current yearUSD $ 8,401,747
Other expenses in previous yearUSD $ 8,846,982
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,528,425
Employee salary and benefits paid in previous yearUSD $ 7,089,798
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 17,738,027
Total revenue in previous fiscal yearUSD $ 18,433,137
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 232,999
2019-12-31
Total unrelated business incomeUSD $ 160,447
Net unrelated business incomeUSD $ 100
Program Service Revenue from prior yearUSD $ 15,431,401
Program Service Revenue from current yearUSD $ 16,719,402
Investment Income from prior yearUSD $ 1,265,308
Investment Income from current yearUSD $ 1,553,288
Other Revenue from prior yearUSD $ 127,159
Other Revenue from current yearUSD $ 160,447
Gross receipts from all sourcesUSD $ 18,433,137
Net assets / fund balances at end of fiscal yearUSD $ 37,691,625
Net assets / fund balances at beginning of fiscal yearUSD $ 33,333,934
Total liabilities at end of fiscal yearUSD $ 225,862,107
Total liabilities at beginning of fiscal yearUSD $ 227,135,525
Total assets at end of fiscal yearUSD $ 263,553,732
Total assets at beginning of fiscal yearUSD $ 260,469,459
Revenues less expenses for current yearUSD $ 2,496,357
Revenues less expenses for previous yearUSD $ 1,950,434
Total expenses for current yearUSD $ 15,936,780
Total expenses for previous yearUSD $ 14,873,434
Other expenses in current yearUSD $ 8,846,982
Other expenses in previous yearUSD $ 8,434,593
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,089,798
Employee salary and benefits paid in previous yearUSD $ 6,438,841
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 18,433,137
Total revenue in previous fiscal yearUSD $ 16,823,868
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 160,447
2018-12-31
Total unrelated business incomeUSD $ 127,159
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 14,360,877
Program Service Revenue from current yearUSD $ 15,431,401
Investment Income from prior yearUSD $ 745,691
Investment Income from current yearUSD $ 1,265,308
Other Revenue from prior yearUSD $ 125,167
Other Revenue from current yearUSD $ 127,159
Gross receipts from all sourcesUSD $ 16,823,868
Net assets / fund balances at end of fiscal yearUSD $ 33,333,934
Net assets / fund balances at beginning of fiscal yearUSD $ 30,498,624
Total liabilities at end of fiscal yearUSD $ 227,135,525
Total liabilities at beginning of fiscal yearUSD $ 204,701,469
Total assets at end of fiscal yearUSD $ 260,469,459
Total assets at beginning of fiscal yearUSD $ 235,200,093
Revenues less expenses for current yearUSD $ 1,950,434
Revenues less expenses for previous yearUSD $ 1,787,043
Total expenses for current yearUSD $ 14,873,434
Total expenses for previous yearUSD $ 13,444,692
Other expenses in current yearUSD $ 8,434,593
Other expenses in previous yearUSD $ 7,503,446
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,438,841
Employee salary and benefits paid in previous yearUSD $ 5,941,246
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 16,823,868
Total revenue in previous fiscal yearUSD $ 15,231,735
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 127,159
2017-12-31
Total unrelated business incomeUSD $ 125,167
Net unrelated business incomeUSD $ 150,000
Program Service Revenue from prior yearUSD $ 12,899,019
Program Service Revenue from current yearUSD $ 14,360,877
Investment Income from prior yearUSD $ 455,795
Investment Income from current yearUSD $ 745,691
Other Revenue from prior yearUSD $ 141,649
Other Revenue from current yearUSD $ 125,167
Gross receipts from all sourcesUSD $ 15,231,735
Net assets / fund balances at end of fiscal yearUSD $ 30,498,624
Net assets / fund balances at beginning of fiscal yearUSD $ 23,018,688
Total liabilities at end of fiscal yearUSD $ 204,701,469
Total liabilities at beginning of fiscal yearUSD $ 168,211,589
Total assets at end of fiscal yearUSD $ 235,200,093
Total assets at beginning of fiscal yearUSD $ 191,230,277
Revenues less expenses for current yearUSD $ 1,787,043
Revenues less expenses for previous yearUSD $ 1,489,030
Total expenses for current yearUSD $ 13,444,692
Total expenses for previous yearUSD $ 12,007,433
Other expenses in current yearUSD $ 7,503,446
Other expenses in previous yearUSD $ 6,928,620
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 5,941,246
Employee salary and benefits paid in previous yearUSD $ 5,078,813
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 15,231,735
Total revenue in previous fiscal yearUSD $ 13,496,463
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 125,167
2016-12-31
Total unrelated business incomeUSD $ 141,649
Net unrelated business incomeUSD $ 141,649
Program Service Revenue from prior yearUSD $ 12,133,535
Program Service Revenue from current yearUSD $ 12,899,019
Investment Income from prior yearUSD $ 336,934
Investment Income from current yearUSD $ 455,795
Other Revenue from prior yearUSD $ 144,994
Other Revenue from current yearUSD $ 141,649
Gross receipts from all sourcesUSD $ 13,496,463
Net assets / fund balances at end of fiscal yearUSD $ 23,018,688
Net assets / fund balances at beginning of fiscal yearUSD $ 21,625,031
Total liabilities at end of fiscal yearUSD $ 168,211,589
Total liabilities at beginning of fiscal yearUSD $ 163,954,072
Total assets at end of fiscal yearUSD $ 191,230,277
Total assets at beginning of fiscal yearUSD $ 185,579,103
Revenues less expenses for current yearUSD $ 1,489,030
Revenues less expenses for previous yearUSD $ 2,367,842
Total expenses for current yearUSD $ 12,007,433
Total expenses for previous yearUSD $ 10,247,621
Other expenses in current yearUSD $ 6,928,620
Other expenses in previous yearUSD $ 5,615,547
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 5,078,813
Employee salary and benefits paid in previous yearUSD $ 4,632,074
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 13,496,463
Total revenue in previous fiscal yearUSD $ 12,615,463
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 141,649

Other Company Names associated with EIN

STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 560432082

USA Location Address
8210 W MARKET ST
GREENSBORO
NC
274099679
Date first seen: 2011-06-29
Date last seen: 2024-07-05
USA Mailing Address
8210 W MARKET ST
GREENSBORO
NC
27409
Date first seen: 2008-07-01
Date last seen: 2026-10-03
USA Mailing Address
8210 WEST MARKET STREET
GREENSBORO
NC
274099679
Date first seen: 2025-07-31
Date last seen: 2026-02-25
401k Sponsor USA Address
8210 WEST MARKET STREET
GREENSBORO
NC
274099679
Date first seen: 2024-07-05
Date last seen: 2025-08-01

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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