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Summit CU plans Pay It Forward program
MADISON, Wis. (2/27/09)--Summit CU will give members $10 to $100 at each of its 20 branch locations through its “Pay It Forward” program. Members are then asked to use the money to help someone else with financial needs. There will be 100 participants per event, with the events held March 25 through May 14 at the branches. Participants will be videotaped as they describe how they intend to use the money (Wisconsin State Journal Feb. 26). Videos will be posted and rated on the credit union’s website. Summit will give the participant who garners the highest rating $500 with an additional $500 donated to a United Way charity of the winner’s choice. Summit CU, based in Madison, Wis., has $1.287 billion in assets.
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