The Summit Federal Credit Union is federally insured by the National Credit Union Administration. Membership eligibility required.
*Limited to 1 new Money Market or MoneyMax Account bonus per account, per member. Offer limited to members that have not had a Money Market or MoneyMax in the last 12 months. To qualify for $25, $50, $75 OR $100 bonus, you must open a new Money Market or MoneyMax Account with new funds between 2/1/2023 and 3/31/2023. New Funds are funds that have not been on deposit with The Summit in the past 30 days. The bonus value is determined by your initial deposit ten business days after the Money Market or MoneyMax is opened and must remain on deposit until 6/30/2023. Dividends are not paid if your average daily balance is below $1,500. $25,000 minimum opening deposit required for Money Max accounts. $10.00 fee applies if average daily balance falls below $25,000 in any given month. Fees could reduce earnings on the account. Any applicable taxes are the responsibility of the member. Please allow 6-8 weeks to receive your bonus. Cash bonus will be reported, and you will receive IRS Form 1099-INT. Offer subject to change at any time at our sole discretion without notice. See branch for details.
**Offer limited to members that have not had a debit card or direct deposit (DD)/ recurring payroll deduction (PD) of $100 or more or signed up for E-Statements in the past 12 months or has been paid a promotional bonus in the past 36 months. Limited to 1 cardholder per account (primary cardholder) for up to $125 with Enhanced Checking, Digital Edge or Digital Freedom Spend Accounts or $200 with Premium Checking. You must complete the following to receive the maximum bonus of $125 with Enhanced Checking, Digital Edge or Digital Freedom Spend Accounts or, $200 bonus with Premium Checking: To receive the $85/ $160 debit card bonus you must order a new debit card between 2/1/23 and 3/31/23, have 20 point-of-sale transactions post to your account by 5/31/23 and the card and account must remain open through 9/30/23. To receive the $35 direct deposit bonus, you must have two direct deposits of net paychecks or a recurring payroll deduction of at least $100 per pay period completed by 6/30/23. To receive the $5 e-statement bonus, you must order a new debit card or establish DD/ PD between 2/1/23 and 3/31/23 and enrollment for e-statements must occur prior to the 20 point-of-sale transactions posting to your account or have two direct deposits of net paychecks or a recurring payroll deduction of at least $100. Dividends on the Premium Checking are not paid if your average daily balance is below $1,000 in any given month. For the Premium Checking Account, a $5.00 fee applies if average daily balance falls below $1,000 in any given month. Please allow 4-6 weeks after meeting qualifications to receive your gift. Cash bonus will be reported, and you will receive IRS Form 1099-INT. Any applicable taxes are the responsibility of the member. Offer subject to change at any time at our sole discretion without notice. The Account Maintenance Fee is waived if you meet certain conditions. See branch for details.
Not responsible for typographical errors.
*** Average daily balance of at least $1,500 required to earn dividends. Money Market Accounts are subject to account limitations. See our Rate and Fee Schedule for details.
APYs range from 0.700% to 1.100% (Money Market) and 1.100% and 1.500% (MoneyMax) as of March 1, 2023 and are subject to change at any time. Fees may reduce earnings.