Credit union · NCUA insured
Summit Credit Union Savings Rates
Top CarrotSummit Credit Union’s best savings rate is 1.00% APY on $10,000, with its Money Market Investor. Rates checked October 22, 2026.
How Summit Credit Union’s savings rates compare
Compared with banks and credit unions near Greensboro, NC, where Summit Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Summit Credit Union
1.00%APY
- Requires
- None
- Minimum
- $10,000
- Earns on $10,000 a year
- $100
Money Market Investor
Top rate
Skyla Credit Union
4.01%APY
- Requires
- None
- Minimum
- $25
- Earns on $10,000 a year
- $401
2nd-highest rate
Truliant Federal Credit Union
3.40%APY
- Requires
- Monthly account activity
- Minimum
- $1,000
- Earns on $10,000 a year
- $340
Summit Credit Union savings score
85
Savings score
Higher than 70% of U.S. banks and credit unions
- $1,000 balance$1,0000.60%
- $10,000 balance$10,0001.00%
- $100,000 balance$100,0001.51%
- QualifiedQualified1.00%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Summit Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Money Market Investor
1.00%APY
Compounding monthly using daily balance method. Minimum opening amount is $10,000. If the balance falls below the lowest dividend-earning minimum ($10,000), it earns at the Money Market Savings rate. Dividends begin to accrue on the business day of deposit.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $10,000 – $50,000Monthly compounding. Dividends calculated using daily balance method. | 1.00% | $100 | Monthly compounding. Dividends calculated using daily balance method. |
| $50,000 – $100,000Monthly compounding. Dividends calculated using daily balance method. | 1.31% | — | Monthly compounding. Dividends calculated using daily balance method. |
| $100,000 – $200,000Monthly compounding. Dividends calculated using daily balance method. | 1.51% | — | Monthly compounding. Dividends calculated using daily balance method. |
| $200,000 and upMonthly compounding. Dividends calculated using daily balance method. | 2.02% | — | Monthly compounding. Dividends calculated using daily balance method. |
Sources (3)
- summitcu.org/disclosure/truth-in-savings
- summitcu.org/save/money-market-account
- summitcu.org/learn/deposit-rates
All captured Oct 4, 2026
Money Market Savings
0.60%APY
Compounding monthly using daily balance method. Minimum opening amount and dividend-earning balance minimum is $500. If balance falls below $500, dividends are not earned. No limit on the number or amount of withdrawals.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $500 and upMonthly compounding. Minimum opening amount is $500; if balance falls below $500 dividend-earning minimum, dividends are not earned. Calculated using daily balance method.$500 and up | 0.60% | $60 | Monthly compounding. Minimum opening amount is $500; if balance falls below $500 dividend-earning minimum, dividends are not earned. Calculated using daily balance method. |
Sources (3)
- summitcu.org/disclosure/truth-in-savings
- summitcu.org/save/money-market-account
- summitcu.org/learn/deposit-rates
All captured Oct 4, 2026
Membership Savings
0.05%APY
Establishes Summit Credit Union membership. Requires depositing and maintaining at least $5. No monthly fee. 3 free withdrawals/transfers per month ($3 each thereafter).
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upDividends compounded quarterly; calculated using average daily balance method. Minimum balance to earn dividends is $100. Minimum balance to open and maintain membership is $5. No monthly fee. 3 free withdrawals/transfers per month ($3 each thereafter).$100 and up | 0.05% | $5 | Dividends compounded quarterly; calculated using average daily balance method. Minimum balance to earn dividends is $100. Minimum balance to open and maintain membership is $5. No monthly fee. 3 free withdrawals/transfers per month ($3 each thereafter). |
Special Savings
0.05%APY
Secondary savings account to set aside funds for specific purposes. No monthly fees. 3 free withdrawals/transfers per month ($3 each thereafter).
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upDividends compounded quarterly; calculated using average daily balance method. Minimum balance to earn dividends is $100. Minimum opening balance is $0. No monthly fee. 3 free withdrawals/transfers per month ($3 each thereafter).$100 and up | 0.05% | $5 | Dividends compounded quarterly; calculated using average daily balance method. Minimum balance to earn dividends is $100. Minimum opening balance is $0. No monthly fee. 3 free withdrawals/transfers per month ($3 each thereafter). |
Special-purpose accounts
IRA Accumulator
1.00%APY
Traditional and Roth IRAs available. Member eligibility required. Maintenance fee applies if balance is below $500 after the first year.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upDividends compounded and credited quarterly; calculated using average daily balance method. Minimum balance to earn dividends is $100. If balance is below $500 after the first year, a maintenance fee applies.$100 and up | 1.00% | $100 | Dividends compounded and credited quarterly; calculated using average daily balance method. Minimum balance to earn dividends is $100. If balance is below $500 after the first year, a maintenance fee applies. |
Sources (4)
- summitcu.org/disclosure/fees-and-limits
- summitcu.org/disclosure/truth-in-savings
- summitcu.org/save/ira
- summitcu.org/learn/deposit-rates
All captured Oct 4, 2026
Christmas Club Savings
0.50%APY
Save year-round; dividends posted on September 30. Funds available for withdrawal October 1 through December 31 ($5 fee for early withdrawal before October 1).
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upDividends compounded and paid annually on September 30; calculated using daily balance method. Minimum balance to earn dividends is $100. No monthly fee. $5 fee for early withdrawal prior to October 1.$100 and up | 0.50% | $50 | Dividends compounded and paid annually on September 30; calculated using daily balance method. Minimum balance to earn dividends is $100. No monthly fee. $5 fee for early withdrawal prior to October 1. |
Youth Elevation Savings
0.50%APY
Designed for children aged 12 and under. Requires a minimum $5 deposit into savings account, jointly held with parent or guardian. $5 annual birthday deposit during birthday month.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upDividends compounded quarterly; calculated using average daily balance method. Minimum balance to earn dividends is $5. Opening minimum is $5.$5 and up | 0.50% | $50 | Dividends compounded quarterly; calculated using average daily balance method. Minimum balance to earn dividends is $5. Opening minimum is $5. |
Sources (4)
- summitcu.org/disclosure/truth-in-savings
- summitcu.org/save
- summitcu.org/save/membership-savings-account/youth
- summitcu.org/learn/deposit-rates
All captured Oct 4, 2026
Who can join Summit Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees of over 300 North Carolina business partners are eligible for membership.
Family and household
- Immediate family members of employees of qualifying business partners are eligible for membership.
Cost to join
- Establishing membership requires opening a savings account with a deposit of at least $5.
Membership information collected October 4, 2026.