WEST ALLIS – The
Greater Milwaukee Credit Union and Summit Credit Union have
completed their merger, which was originally announced in
The merger integrates West Allis-based GMCU’s $14 million in
assets and 2,000 members. Madison-based Summit now has total
assets of $1.9 billion, with more than 136,000 members
throughout the state.
As a result of the merger, GMCU members are now part of Summit
and will use the credit union’s 28 branches and several Shared
Service Center Network locations in the Milwaukee and Madison
areas. In addition, GMCU members will have access to Summit’s
phone and web account services.
Summit Credit Union signs on Monday replaced GMCU signs at its
West Allis location.
Former CEO of GMCU Lori Pook will become Summit’s assistant vice
president–enterprise risk management. Kim Sponem will remain as
president and CEO of Summit.