Most Popular Benefits
Paid Holidays / Vacation
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Paid Sick Leave
Matching Contributions to Retirement Plan
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Retirement & Financial Benefits
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Temporary Disability Insurance
Long-term Disability Insurance
Summit Credit Union offers several retirement and welfare benefits. Like Summit Credit Union, a large number of businesses in the United States sponsor group health benefits for their employees, through which a considerable percentage of each employee's health insurance premium is funded by their employer. In this system, businesses are provided with tax deductions for their contributions and employees collect the coverage tax-free. Summit Credit Union offers health, dental, and vision coverage. Summit Credit Union also provides group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. To help guarantee a reliable cash source later in life, a large number of employees participate in employer-sponsored retirement plans. Summit Credit Union provides defined benefit pension plans and defined contribution pension plans. With a defined benefit pension plan, employees are provided with fixed compensation when they retire. With a defined contribution retirement plan, businesses help employees save and invest for retirement.
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