My CU Club
- Rewards for doing business with us
- Perks based on account balances
- Save on financial services
My CU Club has been developed to reward those members who support Summit Credit Union with their deposits, loans, and by making Summit Credit Union their primary or only financial institution.
Club Categories
Members may qualify to receive club benefits among two Club Categories, age-based and relationship-based. Member participation in a My CU Club (club status) is determined automatically at the end of each month. The club status appears for each member in Digital Banking, on the “Accounts” tab, near the top, and on periodic savings and loan statements.
Age-Based Clubs
| Club Name | Age Range |
|---|---|
| Kids Club | 0 to 12 |
| Youth Club | 13 to 22 |
| Senior Club | 55 and older |
Relationship-Based Clubs
| Club Name | Minimum Service Types | Minimum Qualifying Balance |
|---|---|---|
| Standard Club | 1 | $500 |
| Enhanced Club | 2 | $5,000 |
| Partner Club | 3 | $15,000 |
| Premier Club | 4 | $25,000 |
Age-based clubs are determined by the member’s biological age. See Fees and Limits for a list of services with reduced or waived fees and limits.
Relationship-based clubs are determined by the member’s number of Service Types and Qualifying Balance.
Service Types
Service Types are the number of categorically unique accounts a member has. The service type categories and any specific account types within them are listed below. For example, both Membership Savings (Share) and Special Savings would together count as one service type, while Membership Savings and Christmas Club would count as two.
Qualifying Balance
The Qualifying Balance is the total of all Summit Credit Union deposits balances and loan balances for each member. All individual account balances apply, even if they are the same service type. The only exception will be that any loans more than ten days past due will not count.
Linking Accounts
Spouses or life partners residing at the same address can link their accounts so the balances for both members will be combined as the Qualifying Balance for determining each member's club status. Just let us know which account you want linked to your primary account. Keep in mind, the number of Service Types for each member will not be combined, even when accounts are linked. To link accounts, call or text our Member Service Call Center at 336-662-6200 or visit any branch.
Once you become a Premier Club member, you remain in the Premier Club for life.
List of Service Types
| Account Type | Service |
|---|---|
| Savings |
|
| Christmas Club |
|
| Checking (must include direct deposit or e-statements to qualify) |
|
| Money Market |
|
| Certificate of Deposit |
|
| Individual Retirement Arrangement (IRA) |
|
| Auto Loan | |
| Motorcycle Loan | |
| Boat Loan | |
| Recreational Vehicle (RV) Loan | |
| Credit Card |
|
| Home Equity Line of Credit | |
| Home Equity Loan (fixed rate) |
|
| Secured Loan |
|
| Credit Builder Loan | |
| Personal Loan |
|
| Emergency Loan |
Relationship-Based Benefits
The list below provides a summary list of services with reduced or waived fees and limits for all of the relationship-based clubs. See also the previous page of Fees and Limits for a more complete list.
| Standard Club | Enhanced Club | Partner Club | Premier Club | |
|---|---|---|---|---|
| Check Cashing | Free | Free | Free | Free |
| CO-OP Shared Branch Transactions | Free | Free | Free | Free |
| Low Balance Inactive Account Fee | Free | Free | Free | Free |
| Teller/Certified Check | Low Fee | Free1 | Free1 | Free |
| Membership Account Below $5 | Low Fee | Free | Free | Free |
| Returned Third-Party NSF Checks | Low Fee | Free | Free | Free |
| Check and Statement Copies Up to 10 Copies of each per year | Low Fee | Low Fee | Free | Free |
| Excessive Research and Balancing Assistance | Low Fee | Low Fee | Free | Free |
| Assisted Transfers or Balance Inquiries | Low Fee | Low Fee | Free | Free |
| History Printout | Low Fee | Low Fee | Free | Free |
| ACH Origination (One-Time) | Low Fee | Low Fee | Low Fee | Free |
| Over Five Non-Summit ATM Transactions in a Month | Low Fee | Low Fee | Low Fee | Free |
| Non-Sufficient Funds Fee (Check or ACH Returned – excluding Overdraft Privilege) | Low Fee | Low Fee | Low Fee | Free |
| Stop Payment By Check or ACH | Low Fee | Low Fee | Low Fee | Free |
| Checking Printing No cost Senior Club checks also available | Low Fee | Low Fee | Low Fee | Free2 |
| Counter Checks Maximum of eight checks | Low Fee | Low Fee | Low Fee | Free |
| Cash or Deposit of Non-Member Third-Party Checks | Low Fee | Low Fee | Low Fee | Free |
| Debit/Credit Card or PIN Replacement | Low Fee | Low Fee | Low Fee | Free |
Free = Free Low Fee = Low Fee 1 One free per day 2 Available upon request
Summit Credit Union is a full-service financial institution with eight branches throughout North Carolina.
Frequently Asked Questions
Current employees of any of our business partners and their immediate family are able to join. To become a member, you must open a new Savings account by depositing at least $5. Opening a Savings account is fast and easy.
We have a list of all Business Partners available to you on our site. To suggest Summit Credit Union as a business partner, please consult with your HR Director.
We have eight branches across North Carolina with locations in Greensboro, Hickory, High Point, Oxford, Raleigh, and Winston-Salem.
To make a wire transfer, text or call our Member Service Call Center. You will need the following details:
- Receiving institutions name and ABA routing number
- Receiving person's name and account number
- Other relevant information, if necessary
Wire transfers are usually completed by 4:00 pm daily. Requests for transfers after 4:00 pm cannot be completed until the following day.
There is NO CHARGE to wire funds from another financial institution to your Summit Credit Union account. Funds may be wired to your account by providing the financial institution wiring your funds the following information:
| Item | Detail |
|---|---|
| Name | Catalyst Corporate Federal Credit Union |
| City | 6801 Parkwood Blvd. Plano, TX 75024 |
| ABA Routing Number | 311990511 |
| Name of Beneficiary | Summit Credit Union |
| Account Number | 253176118 |
| For Further Credit | Member Name Member Account Number and Suffix |
For International wire transfers into and out of your account, please contact our Member Service Call Center to assist you at 336-662-6200.
Text or call our Member Service Call Center and request to be removed from our mailing list for insurance and other marketing materials. This request will not stop your monthly statements from being mailed to the address on file.
If you have a discrepancy on your account from a merchant, contact the merchant or company regarding the charge. If the issue is not resolved, please text or call our Member Service Call Center. If the transactions are fraudulent, please contact us immediately to begin the dispute process.
Related Resources
Banking Where You Need It
Bank from anywhere, anytime. Digital Banking is available to members 24/7.