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FDIC-Insured-Backed by the full faith of the U.S. Government.
Our Summit Money Market account has all the reliability of regular savings accounts – with more perks and more earning potential. Tiered interest rates allow you to earn more as you save more. You can watch your money multiply!
Our Summit Money Market account gives you access to great rates while your money remains liquid. Easily manage your cash at any time with Online Banking or the Mobile App.
| Annual Percentage Yield1 | Paid on qualifying balances |
|---|---|
0.30% APY1 | Paid on balances under $25,000 |
0.50% APY1 | Paid on balances of $25,000 to $49,999.99 |
2.27% APY1 | Paid on balances of $50,000 to $99,999.99 |
2.78% APY1 | Paid on balances of $100,000 to $249,999.99 |
3.30% APY1 | Paid on balances of $250,000 to $999,999.99 |
3.82% APY1 | Paid on balances $1,000,000.00 to $2,999,999.99 |
3.82% APY1 | Paid on balances $3,000,000.00 and over |
Important Balance Information
If the daily balance is less than $25,000, the interest rate on the entire account balance will be 0.30% with an annual percentage rate of 0.30%. If the daily balance is more than $24,999.99, but less than $50,000, the interest rate paid on the entire balance of the account will be 0.50% with an annual percentage yield of 0.50%. If the daily balance is more than $49,999.99, but less than $99,999.99 the interest rate paid on the entire balance in the account will be 2.25% with an annual percentage yield of 2.27%. If the daily balance is more than $99,999.99, but less than $249,999.99 the interest rate paid on the entire balance in the account will be 2.75% with an annual percentage yield of 2.78%. If the daily balance is more than $249,999.99, but less than $999,999.99 the interest rate paid on the entire balance in the account will be 3.25% with an annual percentage yield of 3.30%. If the daily balance is more than $999,999.99, but less than $2,999,999.99 the interest rate paid on the entire balance in the account will be 3.75% with an annual percentage yield of 3.82%. If the daily balance is more than $2,999,999.99, the interest rate paid on the entire balance in the account will be 3.75% with an annual percentage yield of 3.82%.
1Annual Percentage Yield (APY) is valid as of . This is a variable rate and subject to change at any time after account opening. Each tier shown reflects the daily minimum collected balance required to obtain the applicable APY. Fees could reduce account earnings. Rates apply for personal accounts only. There is no minimum amount required to open account. See account disclosures for transaction limitations. FDIC limits apply. Please visit www.fdic.gov to make informed decisions about your deposit coverage, or, visit one of our branches and talk to one of our bankers or call 1-800-280-0123.
Your deposits are FDIC insured up to $250,000 per depositor. More FDIC protection may be available by having more than one type of account ownership. For example, individual and joint accounts are insured separately as long as requirements are met, so you can have up to $250,000 in coverage in each account.
Whether you are looking for a great interest rate or just the basics, we have a checking account that will meet your needs!
