Summit
Summit is a credit union based in Greensboro, North Carolina, established in 1935, with $369 million in total assets serving 30,746 members. By Trust Grade it ranks 15th of 57 credit unions we track in North Carolina. Its net worth ratio of 15.2% is stronger than 88% of similarly sized credit unions, versus a North Carolina median of 12.7%. It was profitable over the most recent period, with a 0.79% return on assets. No consumer complaints against Summit appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Summit compares to North Carolina peers
How we graded Summit
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (15.2% capital ratio)
- Profitable (ROA 0.79%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Summit over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Summit insured?
Yes. Summit is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Summit: frequently asked questions
Is Summit a good credit union?
Summit earns a Bankzia Trust Grade of A (96/100, "Excellent"), based on a financial-strength score of 96/100 (it has no CFPB complaints on record). Strongly capitalized (15.2% capital ratio); Profitable (ROA 0.79%).
Is Summit NCUA-insured?
Yes. Summit is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Summit?
Summit holds $369 million in total assets, ranking 15th of 57 credit unions we track in North Carolina. It serves 30,746 members.
Does Summit have CFPB complaints?
No CFPB complaints against Summit appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
