Our Limited-Time CD Promotion Details:
- APY: 3.50%*
- Term: 24 Months
- Minimum Deposit: $1,000
- Funds Required: New money only
- Special Feature: One-time step-up option** if rates increase
- Offer Deadline: 7/31/2026
Our 2-year 3.50% APY CD*
A Flexible CD Designed for Uncertain Times
Lock in a special promotional rate on a 2-year CD with a step-up option**
Built-In Advantage if Rates Rise
If rates increase during the 2-year term of the CD, you have the option to request a one-time rate increase**.
That means you can lock in today’s special rate plus have the flexibility to benefit if the rates move up later.
The world can be a little uncertain. Your savings should not be.
Open Your CD Today
Visit a 1st Summit Bank Community Office today to deposit a minimum of $1,000 new money.
*The Annual Percentage Yield (APY) is valid for promotional Certificate of Deposits (CD) opened from 6/3/26 until 7/31/26. Rate may change. APY assumes interest remains on deposit until maturity date. A minimum initial deposit of $1,000 in new money only, not currently on deposit at 1st Summit Bank is required to open the CD.
**Option to “Step-Up” (increase rate) one time only during the initial term requires you to visit a 1st Summit Bank branch to redeem before the maturity date should the rate we offer for the Step-Up CD rise. CD is automatically renewed for a 6-month term at the current market rate. Penalty for early withdrawal may reduce earnings. Fees may reduce earnings. MEMBER FDIC.