Money Market Accounts

 money market accounts

Make Your Money Work Harder for You

Money Market accounts generally provide higher interest rates than savings accounts, while still giving you access to your funds. Earn competitive dividends with a Money Market account from The Summit.1

Savings are federally insured to at least $250,000 by the U.S. government’s National Credit Union Administration.

Open a Money Market Account Schedule a Zoom Appointment

Multiply your savings
3.00% APY Money Market account

Money Market Accounts

Earn Competitive Dividends

  • The more you save, the more you earn with four tiered levels.
  • No minimum balance required to open a Money Market account.

Money Market Accounts Rates

Rates effective March 15, 2024

Type
Minimum Balance
Dividend Rate
Annual Percentage Yield
Money Market
$1,500 – $9,999.99
0.499%
0.500%
Money Market
$10,000 – $24,999.99
0.698%
0.700%
Money Market
$25,000 – $49,999.99
0.896%
0.900%
Money Market
$50,000 & up
1.144%
1.150%
Money Market Special*
$5,000 & up
2.960%
3.000%

MoneyMax Accounts

Maximize Your Savings

  • Earn higher dividends with three tiered levels.1
  • Receive complimentary checks for maximum access to your funds.
  • Earn a competitive yield with a minimum opening deposit of $25,000.2

MoneyMax Accounts Rates

Rates effective March 15, 2024

Type
Minimum Balance
Dividend Rate
Annual Percentage Yield
MoneyMax
$1,5001 – $74,999.99
1.144%
1.150%
MoneyMax
$75,000 – $149,999.99
1.243%
1.250%
MoneyMax
$150,000 & up
1.490%
1.500%

Get Started Today!

Visit your nearest Summit branch or contact Member Services at (585) 453-7000 or (800) 836-7328.

For a full listing of rates, see our Rate and Fee Schedule.


The Summit Federal Credit Union is federally insured by the National Credit Union Administration. Rates subject to change at any time. Fees may reduce earnings. See our Rate and Fee Schedule for details. Not responsible for typographical errors.

  1. Average daily balance of at least $1,500 required to earn dividends. Money Market Accounts are subject to account limitations.
  2. $25,000 minimum opening deposit required for MoneyMax accounts. $10.00 fee applies if average daily balance falls below $25,000 in any given month.

*Promotion: Limited to 1 new Money Market account per member. Offer limited to members that have not had a Money Market/MoneyMax in the last 12 months. APY=Annual Percentage Yield. Advertised Promotional APY is effective as of 03/15/2024. New Money Market account must be opened prior to 5/1/2024 to receive Promotional APY. No minimum opening amount required. Minimum average daily balance of $5,000 required to qualify for the advertised APY. The Promotional APY will be effective through 4/30/2025. As of 3/1/2024 the APYs for Money Market accounts not opened under this special are: $1,500-$9,999.99=0.50%; balances of $10,000.00-$24,999.99=0.70%; balances of $25,000.00-$49,999.99=0.90%; balances $50,000 or more=1.15%.