summit-bracket2 bracket2 atm-outline location-pin-outline location-pin-filled atm-filled calendar2 bracket google-play[2] app-store summit-location-pin-lg code lock user worksheets phone print programs open pdf checkmark-form close-x close download checkmark-chart checklists blog-tools social-facebook social-google-plus social-pinterest LInkedIn-2C-128px-R instagram-rainbow social-twitter social-youtube ehl calendar calculators bracket22 checkmark email text-area-corner external-link success error information warning calendar-add-event auto-rates mortgage-rates home-equity new-certificates ncua summit-logo-itmoi arrow-left arrow-right checkmark2 summit-logo-white summit-bracket silhouette arrow-down arrow-up auto-rates2 blog calculators2 call ehl2 home-equity2 itmoi locate mortgage-rates2 new-certificates2 programs2 search summit-location-pin-sm tools clock

HOORAY FOR YOU AND Your SUMMIT CERTIFICATE

You have dreams and stuff comes up unexpectedly. At Summit, we live for helping you make them happen and be ready for those rainy days. With a Summit Certificate, you can set money aside for your future.
     
  1. Save for a house

    Put money away for a down payment without being tempted to raid your account for other things. We’ll waive any early withdrawal penalties when you get a Summit home loan.*

  2. Save for retirement

    You always have the option to convert your certificate to an IRA.

  3. Save securely

    The NCUA insures savings and certificate deposits to at least $250,000.


Rate Riser Certificate

Today's interest rate is great, but what if tomorrow's is better? With the Rate Riser Certificate, you can increase your dividend rate once if interest rates go up during the 24-month term. 

  • Open your account with as little as $1,000
  • Get a one-time bump if rates go up during the certificate’s term
  • Available for a 24-month term

View rates.

 


Regular Certificate

A certificate is a simple, secure way to invest your money.

  • You make a single deposit and the longer the term, the higher the dividend rate
  • Get started with as little as $500
  • Choose a 3- to 60-month term

View rates.

 


Certificate Plus

Want the flexibility to add to your certificate over time? This is a good certificate option for you.

  • Start with as little as $250 - add up to $10,000 more over the life of the certificate
  • Choose the term that works for you - choose a 6-, 12-, 18- or 24-month term

View rates.

 

certificate interest rates

CERTIFICATE RATES
Rates Effective January 18, 2022
Open an Account
Type and Term Minimum Balance to Earn APY Dividend Rate Annual Percentage Yield
3 Months $500 0.05% 0.05%
6 Months $500 0.10% 0.10%
9 Months $500 0.15% 0.15%
12 Months $500 0.20% 0.20%
18 Months $500 0.20% 0.20%
24 Months $500 0.25% 0.25%
36 Months $500 0.30% 0.30%
48 Months $500 0.35% 0.35%
60 Months $500 0.45% 0.45%
6-Month Certificate Plus $250 0.05% 0.05%
12-Month Certificate Plus $250 0.15% 0.15%
18-Month Certificate Plus $250 0.15% 0.15%
24-Month Certificate Plus $250 0.20% 0.20%
24-Month Rate Riser2 $1000 0.15% 0.15%
 
Tools & Resources
Calculators
Worksheets
Checklists

THE BENEFITS OF COMPOUNDING

How interest is calculated can have a great impact on the interest earned by your account and how your savings grow.
 

WHAT WILL MY SAVINGS BE WORTH?

Find out what your savings could be worth in the future.
 

SAVE TOWARDS A GOAL

Calculate exactly what it will take to reach your savings goal.
 

THE IMPACT OF SAVING MORE

If you are already a saver, you might ask yourself the question "what if I save more"?
 

SAVE TO BE A MILLIONAIRE

Find out if your savings plan could make you a millionaire.
 

Related Content
Person changing the thermostat
Stop Sweating Your Next Utility Bill
Red Shoes, Bills, Saving
Remember when it seemed like we only had 90+ degree days in August? Considering how many we already had in June, you might be a little nervous about getting through the rest of this summer with your utility budget intact. Here are some tips that can help lower your bill without turning your family into a sweaty puddle.
Read More 
Mother helping child turn on washing machine.
3 Simple Ways to Save Energy (and Money) at Home
Homes, Saving Tips
Using less energy is good for the environment and it can help you save money on your monthly bills. Try these tips to reduce your energy use around the house.
Read More 
summit financial advisors blog
WAYS TO SAVE FOR COLLEGE
Investment, Money Tips, Worth Saving For, Kids
How expensive will college be tomorrow? The Department of Education projects that by 2030, the tuition cost of obtaining a four-year degree at a public university will surpass $200,000. Staggering? Indeed, but college is plenty expensive already. In 2012, tuition averaged $15,100 a year at public colleges and $32,900 a year at private colleges.1
Read More 
4 Mid-Year Money Resolutions
4 Mid-Year Money Resolutions
Financial Freedom, Worth Saving For, Retirement
We all do it. We promise ourselves this will be the year we spend less, save more and embrace our best selves, but sometimes…life has other plans, and that’s okay. But don’t worry. It’s not too late to get back on track to financial freedom and put this year in the win column.

Not sure where to start? We’ve got you covered with these mid-year resolutions for better money management.
Read More