Summit Credit Union Wisconsin

AndySoCal · ‎08-10-2023

Does anyone have any datapoints like Chex Systems etc? I am thinking of CU for a savings account

FIC Scores XPN v8 805 V2 831 (SDFCU) TUC V 8 800 07/25 EFX Bankcard v8 822 EFX FIC0 v8 807 Vantage score 4.0 817 via JC Penney
JC Penney 10/2008 4,700 US Bank Cash 08/2010 12,000 Citibank Custom Cash 5/2015 14,100, State Dept. FCU 06/2023 25,000 02/2024 Redstone FCU Signature VISA 10,000 08/23/2024 Commonwealth Credit Union 15000 07/25 Walmart One 5000 12/04/25
Banks and Credit Unions: Lafayette FCU Fortera FCU State Department FCU Redstone FCU Hughes FCU Commonwealth FCU Veridian Credit Union Utah Community Credit Union
My personal blacklist Axos Bank, Bank of America, Synchrony Bank Capital One TD Bank BMO Langley FCU Paypal

SouthJamaica · ‎08-10-2023

@AndySoCal wrote:
Does anyone have any datapoints like Chex Systems etc? I am thinking of CU for a savings account

I applied for a loan once and they pulled TU.

Unify FCU Platinum Visa Variable Rate 35k

TD Bank Business Solutions Visa (Bus) 23700

FNBO Evergreen Business Edition Visa (Bus) 20k

Liberty (formerly Evansville Teachers) FCU Platinum Prime Plus MC 15k

US Bank Triple Cash Rewards Visa (Bus) 12k

Geo-fenced credit union Platinum Visa 10500

Members 1st FCU Low Rate Platinum Visa 5k

PLOC: Langley FCU 40k; Penfed CU 15k; NFCU 15k; Teachers FCU 15k; Affinity FCU 10k. BLOC: NFCU 5k

Total revolving limits 568220 (504020 reporting) FICO 8: EQ 689 TU 691 EX 682

IaBoy62 · ‎08-11-2023

Yes, they pulled Chex Systems in 2021 when I became a member and TU for credit card.

The VISA started at $1000 ( 14 months post BK discharge) and there it remains. They always say too many other credit accounts

Royalbacon · ‎08-11-2023

I used to be a member. They definitely pull Chex. Never tried for a credit card when I was a member with them. Summit is one of the few credit unions that has an open charter which means anyone can join. When I joined (I live in Minnesota) They did email me saying they're in Wisconsin and not Minnesota and asked if I was aware of that and if I still wanted to be a member.

They also charge a $5 annual fee (Or maybe it was $10, can't remember) for having debit card with their free checking account which I didn't notice before joining and it really rubbed me the wrong way, especially seeing as how this is suppose to be a credit union and not a big bank and was one of the deciding factors that lead me to close my account with them. Yeah, it's only $5/year but seriously? This is the first financial institution i've seen charge for a debit card like that. Imagine the uproar if Wells Fargo, Chase, or Bank of America were to introduce that same debit card fee. In fact, I believe I remember Bank of America announcing something similar like that around 2011-ish and ended up never moving forward with it due to the backlash.

I do really like their cow design & cheese design that they offer for their debit cards though.

Summit Debit Cards | Summit Credit Union

@IaBoy62 wrote:
Yes, they pulled Chex Systems in 2021 when I became a member and TU for credit card.
The VISA started at $1000 ( 14 months post BK discharge) and there it remains. They always say too many other credit accounts

Good to know that they're BK friendly, thanks for the DP! It may help if someone with a BK stumbles into this thread in the future!

Chapter 7 Bankruptcy Filed-September 2020 Discharged-December 2020

AndySoCal · ‎08-11-2023

All,

Thank you for your responses.

@IaBoy62 Approximately how many accounts do you have? In the long term they have a credit card I might be interested. Currently I have 6 revolving accounts and no installments. Credit report has no derogatory information.

FIC Scores XPN v8 805 V2 831 (SDFCU) TUC V 8 800 07/25 EFX Bankcard v8 822 EFX FIC0 v8 807 Vantage score 4.0 817 via JC Penney
JC Penney 10/2008 4,700 US Bank Cash 08/2010 12,000 Citibank Custom Cash 5/2015 14,100, State Dept. FCU 06/2023 25,000 02/2024 Redstone FCU Signature VISA 10,000 08/23/2024 Commonwealth Credit Union 15000 07/25 Walmart One 5000 12/04/25
Banks and Credit Unions: Lafayette FCU Fortera FCU State Department FCU Redstone FCU Hughes FCU Commonwealth FCU Veridian Credit Union Utah Community Credit Union
My personal blacklist Axos Bank, Bank of America, Synchrony Bank Capital One TD Bank BMO Langley FCU Paypal

IaBoy62 · ‎08-12-2023

@AndySoCal Looking back in my records, I probably had 17 accounts (car loan, personal loan, credit cards) when approved and maybe 21 last time I asked for CLI. They are always nice and friendly...just no go for a larger limit.