Your credit request is read by someone who drives past your shop
Business lending decisions at Summit are made locally, not by a scoring model in another state. Requests under $250,000 are written up and approved by the business team at your branch. When February looks strange on a profit and loss statement, they call and ask about it instead of declining you over it.
Owned by the businesses we bank
Summit Credit Union has been member-owned since 1948. There are no outside shareholders taking a cut, so the margin between what we pay on deposits and what we charge on loans stays narrow on purpose. Today that structure supports 412,000 members and $14.2 billion in assets across 42 branches, and it is the reason a two-person landscaping outfit gets the same free business checking a fifteen-truck contractor gets.
Practically, that means one banker owns your relationship from the first meeting through the third renewal. They know the deposit account, the equipment note and the card terminal, so you explain your business once. Our routing number is 271982561, and the business line is 800.555.7846 if you would rather skip the form and just talk to a person.
Built for companies under fifty employees
If your bookkeeping runs through one person and you know your customers by name, you are the right size for us.
Business products at a glance
Six products cover almost every company we bank; start with one and add the rest when the business is ready.
Rates current as of July 2026 and subject to change. Membership eligibility required. This is a demonstration website; rates, products, and figures shown are illustrative only.
Before you move the business over
Does the business itself have to become a member?
Yes, and it takes about five minutes. A $5 deposit into a business share account makes the company a member and part owner of the credit union. Any individual owning 20% or more of the business also needs to be eligible on their own.
What should I bring to a first meeting?
Formation paperwork, your EIN letter from the IRS, and a photo ID for every person who will sign. If credit is on the table, add two years of business tax returns and a current profit and loss statement. Sole proprietors can use a Social Security number instead of an EIN.
How long does switching accounts actually take?
Plan on two statement cycles. We open the account the day you visit, then you move direct deposits, recurring vendor drafts and your card terminal over the following weeks. A banker gives you a checklist and keeps the old account open until the last item clears.
Can I keep my personal accounts here too?
Most owners do, and transfers between business and personal accounts post instantly. Personal free checking has no monthly fee, and high-yield savings currently pays 4.15% APY.
Do you work with businesses outside your branch footprint?
Deposit accounts can be opened and run entirely online from anywhere we can verify eligibility. Lending is different: we want to see the building, the equipment or the job site, so credit is concentrated within a few hours of our 42 branches.
Sit down with a business banker
Thirty minutes, in a branch or on video, with someone who can actually say yes. Call 800.555.7846 if you would rather start on the phone.