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What's your savings strategy? Whether you're starting, building, or maximizing your savings, we have a strategy for you.
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Pay yourself first. That's sage advice. Whether you're saving for a rainy day, a college education, your dream home, or an early retirement - putting money aside regularly is the smartest thing you can do.
We can help you save more so you'll earn more. Just watch the possibilities grow.
Share savings
- Just a $5 deposit gets you started
- Earn dividends on balances of $25 or more
- No monthly fee or minimum balance charges
- Open additional savings accounts and use them for specific goals, such as vacations, holiday season, or special purchases
GoSave
Summit’s GoSave account is a little bit savings account, a little bit certificate of deposit—and a lot easy. Here’s what it’s all about:
- Open a GoSave account with just $100 to begin saving at a higher certificate-like rate (that means the rate is higher than a regular savings account).
- Make at least one electronic deposit monthly to your GoSave account. The easiest way to do this is to have a little bit of money ($5, $10 or more) automatically deposited from each paycheck. Chances are you won’t even know it’s gone.
- And because we know things can come up, we’ll give you the option to make one withdrawal from your GoSave account each month. That way, you’re not penalized for dipping into your savings (like you are with a regular certificate of deposit).
GoSave today. Every little bit helps.
Savings Rates
(Rates effective 11/1) |
| Type and Term |
Minimum Balance to Earn APY* |
Dividend Rate |
Annual Percentage Yield |
| Savings** |
$25 |
0.30% |
0.30% |
| 2nd Savings** |
$25 |
0.30% |
0.30% |
| GoSave*** |
$100 |
1.39% |
1.40% |
| Holiday Club** |
$25 |
0.30% |
0.30% |
| IRA Savings |
$25 |
0.75% |
0.75% |
| Dividend Checking |
$25 |
0.20% |
0.20% |
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