Deposit accounts
Every account, side by side
Six deposit accounts, one page. Compare rates, minimums, and fees, then use the guidance below to work out which one belongs where.
Rates and minimums
Every rate below is standard. None of them require a promotional code or a qualifying activity.
Rates current as of July 2026 and subject to change. Membership eligibility required. This is a demonstration website; rates, products, and figures shown are illustrative only.
Which one belongs where
Most members end up holding three: a checking account, a savings account, and something with a term on it.
Free Checking
The default for day-to-day money. Choose it if you want a no-fee account with early payday and nothing to keep track of. It suits anyone whose checking balance runs low between paychecks.
Premium Interest Checking
Choose it if you routinely leave $2,500 or more sitting in checking. You get up to 2.25% APY, unlimited ATM surcharge rebates, and free checks, with no activity requirements to maintain.
Second Chance Checking
Choose it if a closed account or a ChexSystems record has made it hard to open checking elsewhere. It graduates to Free Checking after twelve months in good standing, and the fee stops there.
High-Yield Savings
The right home for an emergency fund. One flat 4.15% APY with no minimum, no fee, unlimited withdrawals, and instant transfers to your Summit checking whenever something goes wrong.
Money Market
Choose it for larger balances that still need occasional check access. Rates climb at $2,500, $25,000, and $100,000, and six checks or outbound transfers per cycle are included.
Share Certificates
Choose one when you know the date you will need the money. Terms run 3 to 60 months from a $500 minimum, and the rate is fixed for the entire term regardless of what markets do.
Fees and access
The practical differences that show up in ordinary use.
Common questions
How many accounts can I hold at once?
As many as you find useful. There is no charge for opening additional savings accounts or certificates, and many members keep several savings accounts named for separate goals.
Why does savings pay more than interest checking?
Checking balances move constantly, which costs more to service. Savings balances are steadier, so we can pass a higher rate through. Keeping a cushion in checking and the rest in savings usually earns the most.
Can I switch accounts later?
Yes, and converting between checking products keeps your account number, debit card, and direct deposits intact. There is no fee and it usually takes a few minutes with an advisor.
What does membership actually require?
A $5 deposit into a share account, which stays yours and represents your ownership stake. Eligibility extends to anyone who lives, works, worships, or studies in our field of membership, plus their immediate family.
Is my money insured across all of these?
Yes. NCUA insurance covers at least $250,000 per depositor, per ownership category, across all your deposit accounts combined. Joint ownership and beneficiaries can raise that total.
What if I am not sure which to pick?
Open Free Checking and High-Yield Savings to start. They cost nothing, cover most needs, and you can add a money market or certificate later once your balance and timeline are clearer.
Still deciding?
A member advisor will walk through your balances and timelines with you, at no cost and with nothing to buy.