Share Certificates

 share certificates

Lock In a Great Rate

A Share Certificate is a fantastic way to save with flexible terms.

  • Open your Share Certificate with as little as $500 ($50 for Youth Accounts)
  • Earn competitive yields based on the term you choose
  • Flexible terms ranging from 90 days to 10 years
  • Fixed rate across entire Share Certificate term
  • Open a Jumbo Share Certificate with $75,000+ to earn the highest yields with terms from 30 days to 42 months
  • Members under 18 years old can open a Youth Share Certificate with a parent or guardian for as little as $50 and enjoy the same yields and terms as a regular Share Certificate

Share Certificates Rates

Regular Share Certificate, IRA Share Certificate, and Youth Share Certificate rates effective November 24 through November 30, 2022

Term
Minimum Balance
Dividend Rate
Annual Percentage Yield
90 Days
$500
0.995%
1.000%
6 Months
$500
1.735%
1.750%
10 Months – Special Promotional Rate1
$500
3.198%
3.250%
12 Months
$500
2.859%
2.900%
17 Months – Special Promotional Rate1
$500
3.922%
4.000%
18 and 24 Months
$500
2.907%
2.950%
30, 36, 42 Months
$500
2.956%
3.000%
Long-Term 4-10 Year
$500
3.053%
3.100%
Jumbo 30 Days
$75,000
1.143%
1.150%
Jumbo 6 Months
$75,000
1.980%
2.000%
Jumbo 10 Months – Special Promotional Rate1
$75,000
3.440%
3.500%
Jumbo 1 Year
$75,000
3.102%
3.150%
Jumbo – 17 Months – Special Promotional Rate1
$75,000
4.162%
4.250%
Jumbo 18 and 24 Months
$75,000
3.150%
3.200%

Share Certificate Inquiry

    Get Started Today!

    • To open your share certificate, visit your nearest Summit branch or contact Member Services at (585) 453-7000 or (800) 836-7328.
    • For a full listing of share certificate rates, please see our Share Certificate Rate Schedule.
    • We also have a wide variety of IRAs and other Retirement & Investment Services. We offer many different options to help you reach your retirement goals or supplement other retirement plans. At The Summit, we’ve got you covered!
    • For a full listing of savings rates, see our Rate and Fee Schedule.

    Rates are subject to change at any time. Minimum balance to open certificate and earn Annual Percentage Yield is $500 or $50 for members under 18. Not responsible for typographical errors. Fees may reduce earnings. Early withdrawal penalties may apply.

    FEDERALLY INSURED BY NCUA. 

    Membership eligibility required.

    1. Certificate must be opened between 11/3/2022 and 12/14/2022. To qualify for the promotional Annual Percentage Yield (APY) you must open a new Share Certificate with promotional term of 10 or 17 months. Minimum deposit amount for certificate promotional offers: $500 for a regular Share Certificate, $75,000 for a Jumbo Share Certificate, or $50 for members under 18 years old. APY assumes daily compounding of principal and interest. Early withdrawal of dividends or principal may affect your APY earned. There may be a substantial penalty for early withdrawal. A 10 month certificate renews automatically for a 12 month term, and a 17 month certificate renews automatically for a 18 month term at the rate in effect at the time of renewal unless otherwise directed. Offer subject to change at any time at our sole discretion without notice.