THE SUMMIT FEDERAL CREDIT UNION'S SHARE CERTIFICATE RATE SCHEDULE AND AGREEMENTShare Certificate Agreement • November 5th, 2020
Contract Type FiledNovember 5th, 2020DividendRate (%) APY (%) Terms MinimumBalance Required DividendsCompounded DividendsCredited DividendPeriod AdditionalDeposits Withdrawals Share Certificate/IRA Share Certificate/ Youth Share Certificate Account $500 minimumfor Share & IRA Share Certificate Accounts $50 minimumFor Youth Share Certificate Accounts (Available to membersless than 18 years old) $75,000.00 Calendar Month Calendar Month Allowed- With Penalty Allowed- With Penalty 90 days 0.200 0.200 6 months 0.300 0.300 Daily Monthly Not Allowed 12 months 0.499 0.500 Fixed 18 & 24 months 0.548 0.550 30, 36 & 42 months 0.598 0.600 Long Term 4-10 yrs. 0.648 0.650 Jumbo Share Certificate Account 30 days 0.349 0.350 60 days 0.399 0.400 90 days 0.449 0.450 120 days 0.499 0.500 6 months 0.548 0.550 Fixed Daily Monthly Not Allowed 9 months 0.648 0.650 12 months 0.747 0.750 18 & 24 months 0.797 0.800 30, 36, 42 months