This market only goes one direction - up.
In an economic world with lots of ups and downs, a Money Market is refreshingly predictable. Your money is sure to earn a higher rate than most traditional savings accounts.
Whether you're an everyday saver or a seasoned investor with a diverse portfolio, a Money Market can be a smart move. In addition to the steady earnings, you have fast access to your funds should the need arise.
Regular Money Market
- Minimum opening amount and dividend-earning balance minimum is $500.
- Dividends are paid Monthly.
- If the balance falls below the dividend-earning minimum, dividends are not earned.
Money Market Investor
- Minimum opening amount and dividend-earning balance minimum is $10,000.
- Dividends are paid Monthly.
- If the balance falls below the lowest dividend-earning minimum, the account will earn at the Regular Money Market rate
- Higher yield rates available, depending on the balance minimum maintained.
Access funds through checks, Digital Banking tools, or at Summit Credit Union locations. All deposits are federally insured by the National Credit Union Administration (NCUA).
Call or text our Member Service Call Center at 336-662-6200 or visit your local branch to setup a Money Market account.
Summit Credit Union is a full-service financial institution with eight branches throughout North Carolina.
Frequently Asked Questions
Your $5.00 on deposit in your savings account means you own one share of the Credit Union and are a part owner with full voting rights. Once you are a member/owner, you are eligible to take advantage of the other services available at the credit union. If your savings balance falls below the $5.00 requirement, you will need to make a deposit to bring the balance back to $5.00 to maintain your membership.
Our Christmas Club gives you a way to save money for end-of-year expenses. An account can be opened anytime during the yea and can be accessed October 1 each year. You are able to take a partial withdraw prior to October 1 with a $5 fee.
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