Business Interest Earning Accounts

Account Type / Business
Minimum Opening
Deposit

Interest Rate
Annual % Yield

Summit Business Interest Checking*
Minimum daily balance of:
Under $2,500
$2,500 and over

$500.00

 

.25%
.50%

 

.25%
.50%

Summit Business Savings*

$500.00

.50%

.50%

Summit Business Money Market*

Minimum daily balance of:
$1.00 to $9,999
$10,000 to $24,999
$25,000 to $49,999
$50,000 to $99,999
$100,000 and over

$1,000.00




.25%
.50%
.75%
1.00%
1.00%




.25%
.50%
.75%
1.00%
1.00%

* Fees may reduce earnings on this account.

* Annual Percentage Yields quoted effective 01-06-09 and are subject to change without notice.