Money Markets

Make Your Money Work Harder for You

Money Market Accounts

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

  • The more you save, the more you earn with four tiered levels.

  • No minimum balance required to open a Money Market account.

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

Money Market Accounts Rates*

Rates effective October 1, 2018

Type
Minimum Balance
Dividend Rate
Annual Percentage Yield
Money Market
$1,500
0.499%
0.500%
Money Market
$10,000
0.549%
0.500%
Money Market
$25,000
0.648%
0.650%
Money Market
$50,000
0.747%
0.750%

* 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.

MoneyMax Accounts

Maximize Your Savings

  • Earn higher dividends with three tiered levels.

  • Receive complimentary checks for maximum access to your funds.

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

MoneyMax Accounts Rates

Rates effective October 1, 2018

Type
Minimum Balance
Dividend Rate
Annual Percentage Yield
MoneyMax
$25,000
0.747%
0.750%
MoneyMax
$75,000
0.797%
0.800%
MoneyMax
$150,000
0.995%
1.000%

* Average daily balance of at least $1,500 required to earn dividends. MoneyMax Accounts are subject to account limitations. See our Rate and Fee Schedule for details.


Get Started Today!

Visit your nearest Summit branch or contact Member Services at (585) 453-7030 or (800) 836-7328 extension 7030.

Learn more about Regulation D and how it affects transactions for your Money Market and MoneyMax Accounts.

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

Rates are subject to change at any time. Rates may change after account is opened. Not responsible for typographical errors. Fees may reduce earnings.