Bounce that idea off us, boss. We're here to help.
It doesn’t matter if you’re saving up for new machinery or if you’re just looking for a secure place to keep your profits, Summit has three ways for your business to save.
Business Savings Account
A business savings account is best if you want to earn dividends and usually keep a balance less than $2,500.
- All it takes to open an account is a $5 deposit
- You'll earn dividends on balances of $25 or more
- Enjoy access to your money whenever you want
- There are no monthly fees or minimum balance charges
It’s a simple secure way to invest your business’ money with a greater return than a typical savings account.
- You make a single deposit and the longer the term, the higher the dividend rate
- Open a business certificate with as little as $500
- Choose a savings term from 3- to 60-months
Business Money Market Account
Access your cash and earn a higher dividend rate than a business savings account to make the most of your money.
- Open a business money market account with $2,500 or more
- No ongoing minimum balance requirement or withdrawal fees
- Access to your cash whenever you need it – just like a checking account
- Plus, your money is insured for up to $250,000
Want to help your employees
get on track to a better financial future?
Financial Wellness for Employees by Summit can make a difference.
We believe the right tools and support can put everyone on the path to a more secure financial future. And that’s why we created the Financial Wellness for Employees by Summit program. Find out how this program can make a difference for your organization.
How interest is calculated can have a great impact on the interest earned by your account and how your savings grow.
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.
You might want to consider whether you are better off using the money you have in savings to pay down debt.
You’re ready to put your entrepreneurial spirit to work for you. You’re willing to do what it takes to succeed. You know your market and how to differentiate your product or service within it. You’ve got support of friends and family and business advisors. What’s next?