The Summit Blog | The Summit Federal Credit Union

Company & Community News

Supporting First Generation College Students

By Laurie Baker It is a privilege to have several SUNY Geneseo alumni as employees and volunteers at The Summit, including our VP of Marketing and Community Engagement, Twanda Christensen; Vice Chair of our Board, Mollene Benison; and myself. I came to this part of New York State specifically to attend SUNY Geneseo and I […]

Credit & Debit

6 New Year Resolutions to Make for a Financially Bright 2025

By Dawn Kellogg We make them every year – those resolutions that we may (or may not) keep. For me, losing weight, reading more books, and not being glued to my cell phone top the list. But how many of us take the new year to make some financial resolutions? Here are 6 easy (and […]

Credit & Debit

Jingle Bills: How to Avoid a Holiday Debt Hangover

By GreenPath Financial Wellness The holidays are here, bringing that familiar urge to spend a little extra on the people we love. It’s a good feeling…until the bills arrive. If you’ve ever found yourself dreading your January credit card statements, you’re not alone. With thoughtful planning, you can keep your holiday joy intact without taking […]

Checking & Savings Accounts

Direct Deposit 101

By Dawn Kellogg Direct deposit exists to make your financial life easier. It’s also very popular! 93% of American workers get their paycheck via direct deposit, according to a 2022 survey by the American Payroll Association. 80% of taxpayers receive their federal tax refunds through direct deposit, and more than 99% of Social Security recipients […]

Financial Planning

Spending (and Saving) for the Holidays

By Dawn Kellogg One of the biggest causes of stress during the holidays can be money. No matter how much we have saved and budgeted, sometimes we still stress about it. Here are some tips to help you navigate through your holiday expenditures! Have a Spending Plan and Stick to It Make a list of […]

Reaching My Summit

The Procrastinator’s Guide to Holiday Travel Savings

By GreenPath Financial Wellness Holiday travel season is near, and peak prices already tell that story: nearly 75% of Hopper customers say that as they book travel this year, they plan to spend the same or more than what they shelled out last year. If this sounds uncomfortably familiar, don’t panic! Even if you’ve waited until […]

Credit & Debit

Five (Really Good) Reasons You Should Use Your Debit Card

Is your debit card the one you use most for purchases? Here are five reasons it should be.

Education & Security

How to Brace for Rising Home Costs: A Guide for Homeowners and Renters

Have you noticed your insurance bills skyrocketing lately? If so, you’re in good company. According to Policygenius, the average home insurance premium increased by 21% between May 2022 and May 2023. Combine this with rising housing costs, property taxes, and high interest rate debt, and it’s no wonder why so many Americans are struggling in […]

Education & Security

Coping With Financial Stress

Life is expensive and it can be easy to get stressed about money. Here are some tips and tricks for handling the stress and taking back control of your finances.

Reaching My Summit

Phone a Friend. Refer a Friend

How many times have you really enjoyed something, or found something works well for you? The first thing you want to do is tell someone, right? You want to share with friends and family so that they can enjoy those same things. Our members are our greatest ambassadors. Take this comment from a member, for […]

Financial Planning

You’ve thought about money FOR college. Now think about money AT college.

College costs money. But while you’re calculating the expense of tuition, room and board, you can sometimes overlook the fact that you’ll usually need additional funds for things like supplies, transportation, and personal items (and maybe pizza).

Education & Security

Shared Branching – What It Is and How You Can Benefit

Shared Branching is unique to credit unions. Shared Branching is a national network of credit unions from all over the country that share facilities to give members thousands of convenient locations to perform financial transactions.