The best time to Save moneyis every time you get money.
We can help you make automatic payments from your paycheck into a savings or retirement account, so you can really get growing. So let's talk about getting started, together.
Primary Savings Account
With a Primary Savings account, you can take your money out whenever you want.
- All it takes to open an account is a $5 deposit
- You’re eligible to earn dividends with a balance of $25 or more
- Enjoy access to your money whenever you want
- There are no monthly fees or minimum balance charges
Secondary Savings Account
Saving up for something specific like a car, vacation or home? Set up a special savings account. It will be easier to set the money aside - and easier to avoid the temptation of dipping into your savings for day-to-day expenses.
- All it takes to open an account is a $5 deposit
- You’re eligible to earn dividends with a balance of $25 or more
- Enjoy access to your money whenever you want
- There are no monthly fees or minimum balance charges
GOSave Account
Have a little more money to tuck away - and want an incentive to make regular deposits? A Summit GoSave account may be a great fit for you:
- Earn higher interest than with most regular savings accounts
- Access your money with one free withdrawal a month
- Open an account with just $100 and make at least one electronic deposit a month
Holiday Savings Account
Tuck away a little money each month and you’ll be all set when it’s time to for a special occasion - like a birthday or wedding.
- All it takes to open a savings account is a $5 deposit
- You’re eligible to earn dividends with a balance of $25 or more
- There are no monthly fees or minimum balance charges
- Enjoy access to your money whenever you want
Health Savings Account
Looking for a better way to manage your healthcare costs? Health Savings Accounts (HSAs) are a tax-free tool to help pay today’s expenses and save for tomorrow.
- Contributions are tax-deductible or pre-tax (with payroll deduction)
- Interest earned and withdrawals are tax-free
- Account balance can roll over from one year to the next with no “use it or lose it” penalty
- HSAs belong to you – and stay with you if you switch employers or retire
| Type and Term | Minimum Balance to Earn APY1 | Dividend Rate | Annual Percentage Yield | |
| Savings2 | $25 | 0.05% | 0.05% |
|
| 2nd Savings | $25 | 0.05% | 0.05% |
|
| Holiday Savings | $25 | 0.05% | 0.05% |
|
| Minimum Balance to Earn APY | Dividend Rate | ANNUAL PERCENTAGE YIELD | |
| $10,000 | 0.05% | 0.05% |
|
| $1,000 | 0.10% | 0.10% |
|
| $25 | 0.10% | 0.10% |
|
| Minimum Balance to Earn APY | Dividend Rate | ANNUAL PERCENTAGE YIELD | |
| $0 | 0.20% | 0.20% |
|
| $2,500 | 0.25% | 0.25% |
|
| $5,000 | 0.30% | 0.30% |
|
| $10,000 | 0.35% | 0.35% |
|
Guess what? You’re not alone. We’re guessing the no-savings club is one you’d rather not be a member of and we have five suggestions to put you on the right track to better savings.
