You're Not Just Saving. You're Building Comfort and Security.
Build wealth for you, and for the people and goals you care about most. We can help you find money in your budget to set aside (even auto-save!), and the perfect, safe spots to put it. We have plenty of them.
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
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
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
Tuck away a little money each month and you’ll be all set when it’s time 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
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 | 0.03% | 0.03% |
|
| 2nd Savings | $25 | 0.03% | 0.03% |
|
| Holiday Savings | $25 | 0.03% | 0.03% |
|
| Minimum Balance to Earn APY | Dividend Rate | ANNUAL PERCENTAGE YIELD | |
| $10,000 | 0.03% | 0.03% |
|
| $1,000 | 0.05% | 0.05% |
|
| $25 | 0.07% | 0.07% |
|
| Minimum Balance to Earn APY | Dividend Rate | ANNUAL PERCENTAGE YIELD | |
| $0 | 0.05% | 0.05% |
|
| $2,500 | 0.07% | 0.07% |
|
| $5,000 | 0.09% | 0.09% |
|
| $10,000 | 0.10% | 0.10% |
|
Calculate exactly what it will take to reach your savings goal.
It is always a good idea to have savings tucked away for a rainy day.
WHAT WILL MY SAVINGS BE WORTH?
Find out what your savings could be worth in the future.
You might want to consider whether you are better off using the money you have in savings to pay down debt.
If you are already a saver, you might ask yourself the question "what if I save more"?
Not sure where to start? We’ve got you covered with these mid-year resolutions for better money management.
Back in the ‘80s, there was a hit song titled, “The Future’s So Bright, I Gotta Wear Shades.” When you think ahead to your retirement, does that phrase come to mind? It could.
Provided by Summit Financial Advisors
Should your refund be spent? In 2014, more than 109 million tax filers received federal tax refunds, with the average refund at $2,792. What happens to that money?1
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