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 December 6 through December 12, 2018
|
Term
|
Minimum Balance
|
Dividend Rate
|
Annual Percentage Yield
|
|
90 Days
|
$500
|
0.747%
|
0.750%
|
|
6 Months
|
$500
|
1.242%
|
1.250%
|
|
1 Year
|
$500
|
1.931%
|
1.950%
|
|
18 and 24 Months
|
$500
|
2.274%
|
2.300%
|
|
30/36/42 Months
|
$500
|
2.518%
|
2.550%
|
|
Long-Term 4-10 Year
|
$500
|
2.713%
|
2.750%
|
|
Jumbo 30 Days
|
$75,000
|
0.797%
|
0.800%
|
|
Jumbo 1 Year
|
$75,000
|
2.176%
|
2.200%
|
Get Started Today!
To open your share certificate, visit your nearest Summit branch or contact Member Services at (585) 453-7030 or (800) 836-7328 extension 7030.
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.
