Certificate of Deposit Interest Rates

Summit Business Certificate of Deposit

  • $500 minimum opening deposit
  • Various terms and interest payment options
  • Various interest rates determined by term selected

Summit Personal Certificate of Deposit

  • $500 minimum opening deposit
  • Various terms and interest payment options
  • Various interest rates determined by term selected

Individual Retirement Account Certificate of Deposit

  • $500 minimum opening deposit
  • No annual fee
  • Various terms
  • Various interest rates determined by term selected

 

CD TERM $500 MINIMUM IRA CD $500 MINIMUM

3 MONTH

3.82% APY*
3.75% Interest Rate

3.82% APY*
3.75% Interest Rate

6 MONTH

4.34% APY*
4.25% Interest Rate

4.34% APY*
4.25% Interest Rate

*7 MONTH

* $50,000 Minimum

4.75% APY*
4.64% Interest Rate
4.75% APY*
4.64% Interest Rate

9 MONTH

4.50% APY*
4.41% Interest Rate

4.50% APY*
4.41% Interest Rate

12 MONTH

4.50% APY*
4.41% Interest Rate

4.50% APY*
4.41% Interest Rate

18 MONTH

4.25% APY*
4.17% Interest Rate

4.25% APY*
4.17% Interest Rate

24 MONTH

4.00% APY*
3.93% Interest Rate

4.00% APY*
3.93% Interest Rate

30 MONTH

4.00% APY*
3.93% Interest Rate

4.00% APY*
3.93% Interest Rate

36 MONTH

4.00% APY*
3.93% Interest Rate

4.00% APY*
3.93% Interest Rate

48 MONTH

4.00% APY*
3.93% Interest Rate

4.00% APY*
3.93% Interest Rate

60 MONTH

4.00% APY*
3.93% Interest Rate

4.00% APY*
3.93% Interest Rate

*Annual Percentage Yields quoted effective 10-25-2007 and are subject to change without notice.

Penalties for early withdrawals on certificates:

Forfeiture of accrued interest if term of account is less than 3 months.

Forfeiture of 3 months of interest if term of account is more than 3 months but less than 1 year.
Forfeiture of 6 months of interest if term of account is 1 year or longer.