Reserve Accounts
Tiered Savings
Start saving your reserves. Earn interest with a minimum deposit. Gain the convenience of a Summit ATM Card.
| Tiered Savings |
Features |
| Minimum deposit |
$100.00 minimum opening deposit
$200.00 minimum balance to earn interest |
| Minimum Balance Fee |
- $2.00 if the balance falls below $200.00
|
| Interest Rate |
- Variable rate, compounded daily
- Tiered rate structure based on daily balance method
|
| Transfers Limitations |
- Make up to 6 transfers per month to your other Summit accounts or to third parties by preauthorized, automatic, telephone or computer transfers.
|
| Remote banking |
- Manage your account with SummitOnline Banking
- Free Summit ATM card with each account
|
