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Summit Credit Union

Engaged Employer

Summit Credit Union reviews

3.8

66% would recommend to a friend

(208 total reviews)

Kim Sponem

75% approve of CEO

65% positive business outlook

Summit Credit Union has an employee rating of 3.8 out of 5 stars, based on 208 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Summit Credit Union employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

208 reviews
2.0
Jul 21, 2022
Recommend
CEO approval
Business Outlook

Pros

In fairness, I did see quite a few pros during my time at Summit: *Educational Assistance is rather generous once you qualify *Solid Healthcare/Vision/Dental benefits *PTO builds up relatively quickly for full-time employees *Bonuses when the CU meets its goals were always nice to see *Most of the people are friendly and great to work with *Deep community-focused roots *HQ has a nice fitness center and cafe with reasonably-priced food

Cons

At the same time, I have to note that there were also some pain points that are worth noting: *Pay is advertised as competitive for IT, but it's also not hard to look and find other area companies offering 5-15k/yr more for essentially the same roles. *Virtually no attempts are made for retention outside of management; I've seen talented people go and then followed in their footsteps. *In many areas (with IT being a clear example), the only way to advance is to go outside the company; limited avenues for actual growth, which leads to *Astronomical turnover. While there's a "retail" side that often has high turnover due to the nature of "retail," this is also true in the back-end departments as well *Departments sometimes appear somewhat rudderless at times with conflicting or muddled direction *Trend towards bureaucracy-- lots of SVP/VP/AVP hiring, much of which is coming from outside the company.

2.0
Oct 28, 2021
Recommend
CEO approval
Business Outlook

Pros

Good pay, good benefits. Have made good friends through organization but the one thing we have in common is that we're ready to go.

Cons

Puts on a front of putting members first when it is clear that they are money hungry and will do whatever/promote whoever as long as it makes them a profit Employees required to do more than they are required with no additional compensation Branches short staffed, or staffed by improperly trained tellers/lenders or people with strict availability makes the days so hard to staff efficiently Senior management decided on PTMS in all lobbys with no employee input. Front facing staff taking all the heat because members are clearly not happy with change. If you are a universal banker you are basically going to be sitting at the front desk and getting barked at by members because you're not allowed to do a transaction for them all while your branch manager expects you to find opportunities to lend without having anyone to fill your spot at the front desk. Basically universal banker = glorified teller with no additional pay and seldom opportunity to lend. Rarely promote from within, so if they say that they are, it is all lies. A majority of new branch managers are hired from retail jobs, or other banks who are not truly aligned with "credit union" mission Will downgrade your pay if you switch to other departments Only way to get a raise, or see any change is if you transfer branches (you might get lucky enough to be managed by someone who cares and has been in the role long enough) or if you threaten to quit

2.0
Sep 25, 2021

Not a credit union anymore

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

If you get a manager and branch team that cares, it's not that bad. But there's very few managers left who genuinely care to help you develop and also care about the members. - Bonus pay is nice and time and a half on Saturdays but wait until you read the cons

Cons

-goals are unrealistic and promote lenders to be unethical in order to reach them such as telling members wrong procedures, selling payment protection by quoting the monthly payment with the basic payment protection and not letting the person know there's a lower monthly payment without any protection option -promotion requirements are not being followed across the board. It seems that some people get promoted because they are friends with the manager while other lenders who have better performance, genuinely care for members, and are leaders at the branch are not being compensated accordingly - ultimately this lowers morale for people -summit claims to be a credit union but operates more like a bank putting the "membership" first and not the members first. -the operations including safety protocol are not being followed by employees and not being enforced by some managers at some branches which puts people's lives at risk since summit has been a target on many occasions to robberies or attempted robberies -the training is ridiculous. Instead of having people who are currently in the role share their insights and expertise, you attend countless of trainings that just waste your time and tell you that the goal is not to push products onto members but the rest of the training is about how to lowkey push products onto the members -as a lender you are expected to not only lend, but help at the front desk, mentor tellers on the teller line, assist multiple hours a week in the contact center all while reaching high goals for the month -many branches including the call center are short staffed and in some cases, middle management refuses to staff the branch with enough people to function well -as employees of Summit, Kim the CEO had said that we will not tolerate members being rude, racist, or disrespectful to employees and I've seen and heard of many cases where we are still allowing people to have memberships when they are treating summit employees poorly -there is also quite a bit of micromanagement that occurs at multiple branches yet "diversity is our strength" is being advertised. You need to let people have their own style in order to feel good and accepted at their place of work. Not tell them what to do next time all the time.

Viewing 16 - 18 of 208 Reviews

Glassdoor has 213 Summit Credit Union reviews submitted anonymously by Summit Credit Union employees. Read employee reviews and ratings on Glassdoor to decide if Summit Credit Union is right for you.