HOORAY FOR YOU AND Your SUMMIT CERTIFICATE
HOORAY FOR YOU AND Your SUMMIT CERTIFICATE
You have dreams and stuff comes up unexpectedly. At Summit, we live for helping you make them happen and be ready for those rainy days. With a Summit Certificate, you can set money aside for your future.
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Save for a housePut money away for a down payment without being tempted to raid your account for other things. We’ll waive any early withdrawal penalties when you get a Summit home loan.*
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Save for retirementYou always have the option to convert your certificate to an IRA.
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Save securelyThe NCUA insures savings and certificate deposits to at least $250,000.
A certificate is a simple, secure way to invest your money.
- You make a single deposit and the longer the term, the higher the dividend rate
- Get started with as little as $500
- Choose a 3- to 60-month term
Want the flexibility to add to your certificate over time? This is a good certificate option for you.
- Start with as little as $250 - add up to $10,000 more over the life of the certificate
- Choose the term that works for you - choose a 6-, 12-, 18- or 24-month term
CERTIFICATE RATES
Rates Effective July 7, 2022
| Type and Term | Minimum Balance to Earn APY | Dividend Rate | Annual Percentage Yield | |
| 3 Months | $500 | 0.10% | 0.10% |
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| 6 Months | $500 | 0.20% | 0.20% |
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| 9 Months | $500 | 0.20% | 0.20% |
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| 12 Months | $500 | 0.30% | 0.30% |
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| 18 Months | $500 | 0.30% | 0.30% |
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| 24 Months | $500 | 0.40% | 0.40% |
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| 17-Month Special | $500 | 1.50% | 1.50% |
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| 36 Months | $500 | 0.50% | 0.50% |
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| 48 Months | $500 | 0.55% | 0.55% |
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| 60 Months | $500 | 0.65% | 0.65% |
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| 6-Month Certificate Plus | $250 | 0.10% | 0.10% |
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| 12-Month Certificate Plus | $250 | 0.25% | 0.25% |
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| 18-Month Certificate Plus | $250 | 0.25% | 0.25% |
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| 24-Month Certificate Plus | $250 | 0.35% | 0.35% |
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Tools & Resources
Calculators
Worksheets
Checklists
How interest is calculated can have a great impact on the interest earned by your account and how your savings grow.
WHAT WILL MY SAVINGS BE WORTH?
Find out what your savings could be worth in the future.
Calculate exactly what it will take to reach your savings goal.
If you are already a saver, you might ask yourself the question "what if I save more"?
Find out if your savings plan could make you a millionaire.
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