Personal Deposit Rates

The rates are accurate as of:

Friday, June 18, 2021

Certificate of Deposit

TypeMinimumRateAPY
6 Month$2,500 0.01%0.01%
12 Month$5000.01%0.01%
18 Month$5000.01%0.01%
24 Month$5000.01%0.01%
30 Month - Step up CD$5000.01%0.01%
36 Month$5000.01%0.01%
42 Month$5000.01%0.01%
48 Month$5000.06%0.06%
60 Month$5000.11%0.11%

APY compounded semi-annually. Penalty for early withdrawal

 

Individual Retirement Accounts

TypeMinimumRateAPY
18 Month IRA$1000.01%0.01%
42 Month IRA$1000.11%0.11%
Variable IRA (APY compounded daily)$250.26%0.26%

APY compounded semi-annually. Penalty for early withdrawal if not of age.

 

The Club & PrimeTimers' Club Checking Accounts

AmountRateAPY
$300 - $4,999.99 balances0.06%0.06%
$5,000 - $24,999.99 balances0.06%0.06%
$25,000+0.11%0.11%

APY compounded daily. Variable Rate

 

Statement Savings Accounts and Smart Savers Club

AmountRateAPY
$50 - $24,999.99 balances0.06%0.06%
$25,000 and over balances0.11%0.11%

APY compounded daily. Variable Rate

 

Holiday Club

 RateAPY
With Automatic Funds Transfer (AFT)*0.50%0.50%
Without Automatic Funds Transfer0.25%0.25%

Simple interest paid at end of term.  Automatic funds transfer from 1ST SUMMIT checking or savings account.

 

Insured Money Market Accounts

AmountRateAPY
$300 - $24,999.99 balances0.06%0.06%
$25,000 - $99,999.99 balances0.06%0.06%
$100,000 - $199,999.99 balances0.11%0.11%
$200,000 and over balances0.21%0.21%

APY compounded daily. Variable Rate

 

Advantage Plus Money Management

AmountRateAPY
$.01-$24,999.99 balances0.06%0.06%
$25,000-$99,999.99 balances0.06%0.06%
$100,000-$199,999.99 balances0.11%0.11%
$200,000 & over balances0.21%0.21%

APY compounded daily. Variable rate. The above term A.P.Y. represents Annual Percentage Yield. Fees may reduce the earnings on the account. We may change the interest rate and A.P.Y after the account is opened for variable rate accounts.