Account Rates
Regular and Stash Share Account dividend rates for the month ending Dec 31, 2024.
Regular Share Account
(Membership Account)
Features
- Initial minimum deposit of $5.00.
- Average Daily Balances
- This account represents your ownership in Summit Ridge Credit Union.
- Balances over $100.00 earn dividends, paid quarterly.
- (Children under 18 years are exempt from $100.00 balance to earn dividends.)
Rates
| Average Daily Balance | Rate | *APY |
|---|---|---|
| $100.00 & up | 0.13% | 0.13% |
Stash Share Account
Features
- You name the purpose of this account, vacation, house, etc.
- Average Daily Balances
- No minimum deposit.
- Balances over $100.00 earn dividends, paid quarterly.
- (Children under 18 years are exempt from $100.00 balance to earn dividends.)
Rates
| Average Daily Balance | Rate | *APY |
|---|---|---|
| $100.00 & up | 0.13% | 0.13% |
Share Certificate Account
(Certificate of Deposit)
Features
- Certificate rates can change daily.
- Minimum deposit of $1,000.00.
- Other Terms Available: Term 1 year, up to 5 years
- Dividend paid annually or at maturity
- Interest rate guaranteed for the term of the certificate.
- Penalty for early withdrawal 3 months forfeited dividends.
- Automatic renewal.
- (Children under 18 years of age require a minimum deposit $500.00.)
Rates
| Contact the credit union for current CD rates. | ||
|---|---|---|
| $1,000.00 and up |
Share Draft Checking Account
Features
- Free Share Draft/Checking…no monthly fee.
- No minimum balance.
- No dividend.
- One free box of share drafts/checks.
- Overdraft Transfer protection.
- 24-Hour Telephone account access.
- ACH/Direct Deposit available.
- Monthly Statements, mailed or e-statements.
Bill Pay
Features
- Free Bill Pay with checking, online access and e-statements.
Summit Ridge Credit Union is a part of the Surcharge Free CO-OP Network of ATMs. This convenience allows our members to access thousands of Surcharge Free ATMs across the country that display the CO-OP logo. To find the ATM location nearest you, visit: www.co-opnetwork.org.
All accounts are NCUA insured up to $250,000.00.