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
- Interest earned at a fixed rate
- Guaranteed rate of return
- Multiple interest payment options
- Interest compounded daily
| |
Term |
|
Minimum Balance |
| |
7-29 days
3 months
6 months
12 months
18 months
24 months
36 months
48 months
60 months
|
|
$25,000.00
$1,000.00
$1,000.00
$1,000.00
$1,000.00
$1,000.00
$1,000.00
$1,000.00
$1,000.00
|
*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 customer with more than $100,000.00 to invest, full FDIC coverage on their funds through the CDARS network. Go to www.cdars.com for more information.
*Penalty for early withdrawal. Contact us or see a Summit Bank Customer Representative for details.
Individual Retirement Accounts
- Interest earned at a fixed rate
- Guaranteed rate of return
- Two interest payment options
- Interest compounded daily, added back monthly
| |
Term |
|
Minimum Balance |
| |
18 months
30 months
|
|
$2,000.00
$2,000.00
|
Click here for a personal application (must apply in person)