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Lock In a Great Rate

Certificates offer higher dividend rates and a variety of terms to choose from.

Get Started Schedule a Zoom Appointment

Not a member yet? Get started with a Membership Application and someone will reach out to you. Mention “Certificate” when speaking with your Member Services Representative.

Is a Certificate right for you?

A Certificate from The Summit is designed to increase your savings in a secure and predictable way. Earn a fixed dividend rate for the term of choice and watch your funds grow.

  • Choose from a variety of certificate terms.
  • Start with as little as little as $50 for a youth Certificate, $500 for a regular Certificate, and $75,000 for a jumbo Certificate.
  • Certificates automatically renew at maturity with no action required by you.
  • Save with confidence – deposits are federally insured by the NCUA up to $250,000.

Certificates Rates

Regular, IRA, Roth IRA, Coverdell, and Youth Certificate rates effective May 23, 2024 through May 29, 2024.
Youth Certificate minimum opening balance $50.

Term
Minimum Balance
Youth Minimum Balance
Dividend Rate
Annual Percentage Yield
90 Days
$500
$50
3.922%
4.000%
6 Months
$500
$50
4.641%
4.750%
12 Months
$500
$50
4.402%
4.500%
18 and 24 Months
$500
$50
3.922%
4.000%
30, 36, 42 Months
$500
$50
2.713%
2.750%
Long-Term 4-10 Year
$500
$50
2.616%
2.650%
Jumbo 30 Days
$75,000
$75,000
3.922%
4.000%
Jumbo 6 Months
$75,000
$75,000
4.879%
5.000%
Jumbo 12 Months
$75,000
$75,000
4.641%
4.750%
Jumbo 18 and 24 Months
$75,000
$75,000
4.162%
4.250%

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

What’s the difference between a Certificate and a Certificate of Deposit (CD)?

Both types of accounts work the same way providing a fixed return when funds are invested for a specified amount of time. The difference is that credit unions call the account a Certificate and banks call the account a Certificate of Deposit (CD).

Get Started Today!

  • Current members: To open your certificate, fill out the inquiry form below, visit your nearest Summit branch, or contact Member Services at (585) 453-7000 or (800) 836-7328.
  • Not a member yet? Get started with a Membership Application and someone will reach out to you. Mention “Certificate” when speaking with your Member Services Representative.

Certificate Inquiry

    Additional Savings Options

    We also have a wide variety of options to help you reach your retirement goals or supplement other retirement plans. For a full list of savings options and 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. Fees may reduce earnings. Early withdrawal penalties may apply.

    FEDERALLY INSURED BY NCUA. Membership eligibility required.