Credit union · NCUA insured
The Summit Federal Credit Union CD Rates
Top CarrotThe Summit Federal Credit Union’s best CD rate is 4.60% APY on a 1-year share certificate (CD). Terms run from 1 month to 4 years. Rates checked October 16, 2026.
How The Summit Federal Credit Union’s CD rates compare
Compared with banks and credit unions near Rochester, NY, where The Summit Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
The Summit Federal Credit Union
4.35%APY
- Term
- 12 months
- Requires
- None
- Minimum
- $500
- Earns on $10,000
- $435
Share Certificate
Top rate
Genesee Regional Bank
4.75%APY
- Term
- 24 months
- Requires
- Another account
- Minimum
- $500
- Earns on $10,000
- $973
2nd-highest rate
Ukrainian Federal Credit Union
4.50%APY
- Term
- 36 months
- Requires
- None
- Minimum
- $500
- Earns on $10,000
- $1,412
The Summit Federal Credit Union CD score
94
CD score
Higher than 96% of U.S. banks and credit unions
- 3–8 months3–8 mo4.25%
- 9–15 months9–15 mo4.35%
- 16–30 months16–30 mo3.85%
- 31–60 months31–60 mo3.50%
- QualifiedQualified4.35%
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 The Summit Federal Credit Union ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Jumbo Share Certificate
Up to 4.60%APY · 9 terms
Minimum opening and required balance is $75,000. Automatically renews at maturity with 7-calendar-day grace period. Early withdrawal penalty applies.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 1 month30 Days term. Penalty applies for early withdrawal. Additional deposits not allowed | 3.40% | — |
| 2 months60 Days term. Penalty applies for early withdrawal. Additional deposits not allowed | 3.45% | — |
| 3 months90 Days term. Penalty applies for early withdrawal. Additional deposits not allowed | 3.50% | — |
| 4 months120 Days term. Penalty applies for early withdrawal. Additional deposits not allowed | 4.00% | — |
| 6 months6 Months term. Penalty applies for early withdrawal. Additional deposits not allowed | 4.50% | — |
| 9 months9 Months term. Penalty applies for early withdrawal. Additional deposits not allowed | 4.56% | — |
| 12 months12 Months term. Penalty applies for early withdrawal. Additional deposits not allowed | 4.60% | — |
| 18–24 months18 and 24 Months term. Penalty applies for early withdrawal. Additional deposits not allowed | 4.10% | — |
| 30–42 months30, 36, 42 Months term. Penalty applies for early withdrawal. Additional deposits not allowed | 3.75% | — |
Sources (2)
- summitfcu.org/checking-savings/share-certificates
- summitfcu.org/disclosures/shar…ertificate-rate-schedule
All captured Oct 16, 2026
Share Certificate
Up to 4.35%APY · 6 terms
Must be a member of The Summit FCU. Share certificate accounts automatically renew at maturity. 7-calendar-day grace period after maturity. Early withdrawal penalty applies (terms of 1 year or less: 90 days dividends; terms of more than 1 year: 180 days dividends).
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 months90 Days term. Penalty applies for early withdrawal. Additional deposits not allowed | 3.25% | $80 |
| 6 months6 Months term. Penalty applies for early withdrawal. Additional deposits not allowed | 4.25% | $210 |
| 12 months12 Months term. Penalty applies for early withdrawal. Additional deposits not allowed | 4.35% | $435 |
| 18–24 months18 and 24 Months term. Penalty applies for early withdrawal. Additional deposits not allowed | 3.85% | $583 |
| 30–42 months30, 36, 42 Months term. Penalty applies for early withdrawal. Additional deposits not allowed | 3.50% | $898 |
| 48–120 monthsLong-Term 4-10 Year. Penalty applies for early withdrawal. Additional deposits not allowed | 3.50% | $1,475 |
Sources (2)
- summitfcu.org/checking-savings/share-certificates
- summitfcu.org/disclosures/shar…ertificate-rate-schedule
All captured Oct 16, 2026
Special-purpose accounts
IRA Share Certificate
Up to 4.35%APY · 6 terms
Available as IRA, Roth IRA, and Coverdell certificates. Withdrawal or transfer of monthly dividend is not permissible. Early withdrawal exceptions apply to RMDs and qualified Coverdell distributions. Automatically renews at maturity with 7-calendar-day grace period.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 months90 Days term. Additional deposits not allowed. Early withdrawal penalty applies except for permitted IRA/Coverdell exceptions | 3.25% | $80 |
| 6 months6 Months term. Additional deposits not allowed. Early withdrawal penalty applies except for permitted IRA/Coverdell exceptions | 4.25% | $210 |
| 12 months12 Months term. Additional deposits not allowed. Early withdrawal penalty applies except for permitted IRA/Coverdell exceptions | 4.35% | $435 |
| 18–24 months18 and 24 Months term. Additional deposits not allowed. Early withdrawal penalty applies except for permitted IRA/Coverdell exceptions | 3.85% | $583 |
| 30–42 months30, 36, 42 Months term. Additional deposits not allowed. Early withdrawal penalty applies except for permitted IRA/Coverdell exceptions | 3.50% | $898 |
| 48–120 monthsLong-Term 4-10 Year. Additional deposits not allowed. Early withdrawal penalty applies except for permitted IRA/Coverdell exceptions | 3.50% | $1,475 |
Sources (2)
- summitfcu.org/checking-savings/share-certificates
- summitfcu.org/disclosures/shar…ertificate-rate-schedule
All captured Oct 16, 2026
Youth Share Certificate
Up to 4.35%APY · 6 terms
Available to members less than 18 years old. Lower minimum balance requirement of $50. Share certificate accounts automatically renew at maturity. 7-calendar-day grace period after maturity. Early withdrawal penalty applies.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 months90 Days term. Penalty applies for early withdrawal. Additional deposits not allowed | 3.25% | $80 |
| 6 months6 Months term. Penalty applies for early withdrawal. Additional deposits not allowed | 4.25% | $210 |
| 12 months12 Months term. Penalty applies for early withdrawal. Additional deposits not allowed | 4.35% | $435 |
| 18–24 months18 and 24 Months term. Penalty applies for early withdrawal. Additional deposits not allowed | 3.85% | $583 |
| 30–42 months30, 36, 42 Months term. Penalty applies for early withdrawal. Additional deposits not allowed | 3.50% | $898 |
| 48–120 monthsLong-Term 4-10 Year. Penalty applies for early withdrawal. Additional deposits not allowed | 3.50% | $1,475 |
Sources (2)
- summitfcu.org/checking-savings/share-certificates
- summitfcu.org/disclosures/shar…ertificate-rate-schedule
All captured Oct 16, 2026
Who can join The Summit Federal Credit Union
We don’t have this credit union’s membership requirements here yet. Confirm that you can join before applying.