Personal Banking
Certificates of Deposit
For people who believe time is money, Summit Bank offers a wide selection of CD terms with competitive market rates. Contact us for current rates.
Certificates of Deposit
| Term | Minimum Balance |
|---|---|
| 3 months | $1,000.00 |
| 6 months | $1,000.00 |
| 12 months | $1,000.00 |
| 18 months | $1,000.00 |
| 24 months | $1,000.00 |
| 36 months | $1,000.00 |
| 48 months | $1,000.00 |
| 60 months | $1,000.00 |
- Interest earned at a fixed rate
- Guaranteed rate of return
- Multiple interest payment options
- Interest compounded daily, added back monthly
*Penalty for early withdrawal. Contact us or see a Summit Bank Customer Representative for details.
CDARS Investments (Certificate of Deposit Account Registry Service)
Our Bank is pleased to offer customers with more than $250,000.00 to invest, full FDIC coverage on their funds through the CDARS network. Go to cdars.com for more information.
*Penalty for early withdrawal. Contact us or see a Summit Bank Customer Representative for details.
Individual Retirement Accounts
| Term | Minimum Balance |
|---|---|
| 18 months | $2,000.00 |
| 30 monhts | $2,000.00 |
- Interest earned at a fixed rate
- Guaranteed rate of return
- Two interest payment options
- Interest compounded daily, added back monthly
Click here for a personal application (must apply in person)