Great Wisconsin Credit Union
| Company type | Credit union |
|---|---|
| Industry | Financial services |
| Predecessor | CUNA Credit Union |
| Founded | September 17, 1935 |
| Defunct | 2008 |
| Fate | Merged with Summit Credit Union |
| Successor | Summit Credit Union |
| Headquarters | Madison , United States |
Area served | Wisconsin |
| Products | Financial services |
| Owner | Members |
Great Wisconsin Credit Union, which operated under the name CUNA Credit Union until 2005, was established on September 17, 1935, in Madison, Wisconsin to provide financial services to employees of the CUNA Mutual Group as well as members of the surrounding community. By 2007, its membership had grown to approximately 46,000 individuals, managing assets totaling $428 million. As of 2008, the credit union maintained nine branches throughout Wisconsin. The institution concluded its independent operations in 2008 after merging with Summit Credit Union.
Merger with Summit Credit Union
On November 29, 2007, Great Wisconsin Credit Union declared its intention to merge with Summit Credit Union, adopting the Summit name post-merger. The consolidation received regulatory approval from both the National Credit Union Administration and the Wisconsin Department of Financial Institutions by March 17, 2008. The merger was completed in Fall 2008, resulting in Wisconsin's largest credit union, with assets exceeding $1.1 billion.