What are the current interest rates at Summit Credit Union Cottage Grove, WI?

Current rates for Summit Credit Union Cottage Grove, WI include: 12-Month CD: 4.25%

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Summit Credit Union Cottage Grove, WI

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Summit Credit Union Cottage Grove, WI Rates & Review September 2026

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Summit Credit Union Cottage Grove, WI provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: September 22, 2026

Summit Credit Union Cottage Grove, WI's 16-Month CD rates are at 4.50%, 11-Month CD rates are at 4.25%. Summit Credit Union Cottage Grove, WI's Express Mortgage Refinance 20 Year Fixed rates are at 7.01%, Mortgage 30 Year Fixed rates are at 7.00%. Summit Credit Union Cottage Grove, WI's Auto Loan Rates are as low as 5.29%. MonitorBankRates evaluates the financial stability of Summit Credit Union Cottage Grove, WI with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 4.39%. Rates last updated and verified on 09/22/2026.

Summit Credit Union Cottage Grove, WI money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Summit Credit Union Cottage Grove, WI? Share your experience about Summit Credit Union Cottage Grove, WI by leaving a review below, or read customer reviews before you decide to use Summit Credit Union Cottage Grove, WI.

Verified Healthy 2026 Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 98/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

4.39%

Excellent Lower than avg

Health Trend

Very strong 12 quarters

Full history ›

Summit Credit Union Cottage Grove, WI
American Parkway

4800 American Pkwy
Madison, WI 53718

https://www.summitcreditunion.com

Summit Credit Union Cottage Grove, WI CD Rates

Product	Rate	APY	Term
16-Month Certificate	4.41%	4.50%	16 Month
Min Deposit $5,000 Min Balance $5,000 Details minimum balance to open and earn APY Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.39%
11-Month Certificate	4.17%	4.25%	11 Month
Min Deposit $5,000 Min Balance $5,000 Details minimum balance to open and earn APY Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.39%

Summit Credit Union Cottage Grove, WI Mortgage Rates

Product	Rate	Points	APR	Term
Express Mortgage Refinance 20 Year Fixed	7.01%	-	7.01%	20 Year
Details Est. Monthly Payments $7.76 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.39%
Mortgage 30 Year Fixed	7.00%	-	7.11%	30 Year
No additional details. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.39%

Summit Credit Union Cottage Grove, WI Home Equity & HELOC

Product	Rate	Points	APR	Term	View More
Home Equity HELOC	6.25%	-	0.00%
Details As low as 0.00% APR for 3 months, then 6.25% variable rate after that Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.39%

Summit Credit Union Cottage Grove, WI Auto Loan Rates

Product	Rate	Points	APR	Term	View More
Auto	-	-	5.29%
Details No Payments for 90-Days; $44.23 Est. Monthly Payments Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.39%

Summit Credit Union Cottage Grove, WI Other Rates

Product	Rate	Points	APY/APR	Term	View More
Home Equity HELOC	-	-	6.25%
Details As low as 0.00% APR for 3 months, 6.25% variable rate after that; 0.00% Intro APR Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.39%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Summit Credit Union Cottage Grove, WI’s Texas Ratio rose from 3.53% in Q2 2023 to 4.39% in Q1 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a credit union must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
March 31, 2026	$8.3B	4.39%	5.0	A+
December 31, 2025	$8.1B	5.41%	5.0	A+
September 30, 2025	$8.0B	6.09%	5.0	A
June 30, 2025	$7.8B	6.31%	5.0	A
March 31, 2025	$7.6B	4.39%	5.0	A+
December 31, 2024	$7.5B	4.96%	5.0	A+
September 30, 2024	$7.5B	5.38%	5.0	A+
June 30, 2024	$7.3B	5.72%	5.0	A+
March 31, 2024	$7.2B	5.52%	5.0	A+
December 31, 2023	$6.9B	5.36%	5.0	A+
September 30, 2023	$6.8B	4.23%	5.0	A+
June 30, 2023	$6.6B	3.53%	5.0	A+

Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Summit Credit Union Cottage Grove, WI is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather Summit Credit Union Cottage Grove, WI rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Summit Credit Union Cottage Grove, WI's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Summit Credit Union Cottage Grove, WI

Website https://www.summitcreditunion.com

Address 4800 American Pkwy, Madison, WI 53718

Phone 608-243-5000

Fax

President Dan Kaiser

CEO Kim Sponem

Full-Time Employees 847

Part-Time Employees 60

Branch Locations 57

ATM Locations 59

NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (98/100)

Texas Ratio

4.39%

Return on Assets (ROA)

0.2855%

Return on Equity (ROE)

2.7831%

Non-Performing Loans Ratio (NPL)

0.60%

Total Assets

8,303,664,125

Total Amount of Shares and Deposits

6,666,744,317

Total Shares and Deposits < 1 Year

5,892,278,137

Total Shares and Deposits 1 3 Years

717,960,352

Total Shares and Deposits > 3 Years

56,505,828

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

1,063,723,920

Total Uninsured Shares and Deposits > $250K (F+J)

1,063,723,920

Total Insured Shares and Deposits > $250K (item 17 less item K)

5,603,020,397

Total Interest Expense (Sum of items 6 8)

48,319,741

Share Certificates

75,796

Number of Accounts for Share Drafts

212,754

IRA KEOGH Accounts

13,317

Number of Accounts for Regular Shares

366,084

All other shares

2,427

Non Member Deposits

274

Money Market Shares

36,181

Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)

Well Capitalized

Net Worth Classification if credit union is a new credit union

Well Capitalized

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

635,424,594

Total Liabilities

7,473,512,783

Source: NCUA — Last Updated 03/31/2026

2026 MBR Health & Safety Badge

Summit Credit Union Cottage Grove, WI earned the Verified Healthy badge

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Customer Reviews

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Frequently Asked Questions About Summit Credit Union Cottage Grove, WI

How many branches does Summit Credit Union Cottage Grove, WI operate?

Summit Credit Union Cottage Grove, WI currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Summit Credit Union Cottage Grove, WI?

Yes, to access services at Summit Credit Union Cottage Grove, WI, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Summit Credit Union Cottage Grove, WI does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Summit Credit Union Cottage Grove, WI provides members with tools to manage their accounts and build a solid financial history.

Does Summit Credit Union Cottage Grove, WI offer online and mobile banking?

Most modern institutions like Summit Credit Union Cottage Grove, WI provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.summitcreditunion.com.