MADISON, Wis. – Summit CU on Tuesday said Kim Sponem, the former president of CUNA CU (subsequently Great Wisconsin CU), has been promoted to CEO upon the retirement of its longtime CEO Andy Faust.
Sponem was CEO of CUNA/Great Wisconsin for six years before becoming president of Summit CU after last year’s merger of the two.
Summit holds $1.5 billion in assets and is Wisconsin’s second-largest credit union.