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Rates, Fees, Terms & Disclosures
Loan Rates
Deposit Rates
Fee Schedules
Terms 

Deposit Rates And Disclosures

certificates
CERTIFICATE RATES
Rates Effective November 28, 2023
More Information Apply
TYPE AND TERM MINIMUM BALANCE TO EARN APY† DIVIDEND RATE ANNUAL PERCENTAGE YIELD
13-Month Special* $5000 5.22% 5.35%
22-Month Special* $5000 5.13% 5.25%
9 Months $500 4.89% 5.00%
36 Months $500 4.41% 4.50%
60 Months $500 1.39% 1.40%
48 Months $500 1.19% 1.20%
24 Months $500 1.00% 1.00%
18 Months $500 0.70% 0.70%
12 Months $500 0.70% 0.70%
6 Months $500 0.50% 0.50%
3 Months $500 0.30% 0.30%
Rates accurate as of 9/18/2023. Certificates may have penalty for early withdrawal. Fees may reduce earnings on the account.
†APY is Annual Percentage Yield. Minimum balance to open and earn APY is $500.
*Minimum balance to open and earn APY is $5,000.
certificates
CERTIFICATE PLUS RATES
Rates Effective November 28, 2023
More Information Apply
TYPE AND TERM MINIMUM BALANCE TO EARN APY† DIVIDEND RATE ANNUAL PERCENTAGE YIELD
24-Month Certificate Plus $250 0.75% 0.75%
18-Month Certificate Plus $250 0.45% 0.45%
12-Month Certificate Plus $250 0.45% 0.45%
6-Month Certificate Plus $250 0.25% 0.25%
Certificates may have penalty for early withdrawal. Fees may reduce earnings on the account.
†APY is Annual Percentage Yield. Minimum balance to open and earn APY is $250.
money-market-max
Money Market Maximizer
Rates Effective November 28, 2023
More Information Schedule Appointment
Minimum Balance to Earn APY† Dividend Rate ANNUAL PERCENTAGE YIELD
$1,000,000 3.06% 3.10%
$500,000 2.81% 2.85%
$250,000 2.57% 2.60%
$150,000 1.74% 1.75%
$75,000 1.34% 1.35%
Fees may reduce earnings on the account.
Dividend Rates may change at any time.
†APY is Annual Percentage Yield. Minimum balance to open and earn APY is $75,000.
Ultimate-money-market-account
Ultimate Money Market Account Rates
Rates Effective November 28, 2023
More Information Schedule Appointment
Minimum Balance to Earn APY† Dividend Rate ANNUAL PERCENTAGE YIELD
$200,000 1.48% 1.49%
$150,000 1.38% 1.39%
$100,000 1.38% 1.39%
$75,000 1.28% 1.29%
$50,000 0.40% 0.40%
Fees may reduce earnings on the account. Dividend Rates may change at any time.
†APY is Annual Percentage Yield. Minimum balance to open and earn APY is $50,000.
money-market-plus-account
Money Market Plus Account Rates
Rates Effective November 28, 2023
More Information Schedule Appointment
Minimum Balance to Earn APY† Dividend Rate ANNUAL PERCENTAGE YIELD
$100,000 0.23% 0.23%
$50,000 0.20% 0.20%
$25,000 0.18% 0.18%
$10,000 0.17% 0.17%
$2,500 0.14% 0.14%
$0 0.12% 0.12%
Fees may reduce earnings on the account.
Dividend Rates may change at any time.
†APY is Annual Percentage Yield. No minimum balance is required to open account.
Money Market Plus Promo 
SCHEDULE APPOINTMENT

4.25%

apy2

Balances of $25,000 or more

4.17%

special rate until June 30,20242

Balances of $25,000 or more
 
2 Offer expires March 31, 2024. Minimum $25,000 new money to Summit Credit Union required. After June 30, 2024, the rate will revert to the current posted rates on our Money Market Plus account. Fees may reduce earnings on account. The current tiers and ongoing rates on the Money Market Plus Promo as of September 18, 2023 are $100,000+ 4.25% APY, $50,000-$99,999 4.25% APY, $25,000-$49,999 4.25% APY, $10,000-$24,999 0.17% APY, $2,500-$9,999 0.14% APY, $0-$2,499 0.12% APY. Balances that fall below $25,000 will receive the regular Money Market Plus published rate, which is subject to change at any time without notice. The Advertised promo rate is available on new Money Market Plus accounts only. The promo rate may not be applied to funds from another Summit Credit Union account. We may refuse or return any deposit amount causing the combined balance of all of your Summit Credit Union accounts to exceed $6,000,000.
ira-savings-rates
IRA Savings Interest Rates
Rates Effective November 28, 2023
More Information Apply
Type and Term2 Minimum Balance to Earn APY1 Dividend Rate Annual Percentage Yield
IRA Savings $25 0.10% 0.10%
1APY is Annual Percentage Yield. Rate Information: The dividend rate and annual percentage yield may change at any time as determined by credit union management.
2Minimum Balance Requirements: The minimum balance to open this account is $25.00. You must maintain a minimum daily balance of $25 in your account to obtain the disclosed annual percentage yield. Please contact SCU for other terms and conditions of these accounts. Fees may reduce earnings on the account.
checking
Checking
Rates Effective November 28, 2023
More Information Apply
Type and Term2 Minimum Balance to Earn APY† Dividend Rate Annual Percentage Yield
Ultimate Checking $2,500 0.10% 0.10%
Dividend Checking $25 0.10% 0.10%
†APY is Annual Percentage Yield. Rate Information: The dividend rate and annual percentage yield may change at any time as determined by credit union management.
2Please contact SCU for other terms and conditions of these accounts. Fees may reduce earnings on the account.
business-dividend-checking-account
Business Dividend Checking Account
Rates Effective November 28, 2023
More Information Apply
Minimum Balance to Earn APY† Dividend Rate ANNUAL PERCENTAGE YIELD
$2,500 0.10% 0.10%
†APY is Annual Percentage Yield. Please contact SCU for other terms and conditions of these accounts. Fees may reduce earnings on the account.
SAVINGS
Rates Effective November 28, 2023
More Information Apply
TYPE AND TERM1 MINIMUM BALANCE TO EARN APY† DIVIDEND RATE ANNUAL PERCENTAGE YIELD
Primary Savings2 $25 0.10% 0.10%
Secondary Savings3 $25 0.10% 0.10%
Holiday Savings3 $25 0.10% 0.10%
†APY is Annual Percentage Yield. Rate Information: The dividend rate and annual percentage yield may change at any time as determined by credit union management.
1Please contact SCU for other terms and conditions of these accounts. Fees may reduce earnings on the account.
2Minimum Balance Requirements: The minimum balance to open this account is $1.00. You must maintain a minimum daily balance of $25 in your account to obtain the disclosed annual percentage yield.
3No minimum balance required to open account.
gosave
GoSave Account Rates
Rates Effective November 28, 2023
More Information Open An Account
Minimum Balance to Earn APY† Dividend Rate ANNUAL PERCENTAGE YIELD
$10,000 0.08% 0.08%
$1,000 0.09% 0.09%
$25 0.10% 0.10%
Allows one free withdrawal per month. Monthly automatic deposit required.
†APY is Annual Percentage Yield. Rate Information: The dividend rate and annual percentage yield may change at any time as determined by credit union management. Minimum Balance Requirements for GoSave Account: The minimum balance to open this account is $100. Please contact SCU for other terms and conditions of these accounts. Fees may reduce earnings on the account.
health-savings
HEALTH SAVINGS ACCOUNT
Rates Effective November 28, 2023
More Information Open An Account
Minimum Balance to Earn APY† Dividend Rate ANNUAL PERCENTAGE YIELD
$0 0.06% 0.06%
$2,500 0.07% 0.07%
$5,000 0.09% 0.09%
$10,000 0.10% 0.10%
†APY is Annual Percentage Yield. Rate Information: The dividend rate and annual percentage yield may change at any time as determined by credit union management.
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