Summit Money Market from Salal Credit Union is designed to provide members with a robust savings rate, along with the flexibility to access your money when you need to.
MINIMUM DAILY BALANCE REQUIREMENT | RATE | APY |
---|---|---|
$1.00 - $9,999.99 | 3.93% | 4.00% |
$10,000.00 - $24,999.99 | 3.93% | 4.00% |
$25,000.00 - $49,999.99 | 3.93% | 4.00% |
$50,000.00 - $99,999.99 | 3.93% | 4.00% |
$100,000.00 - $149,999.99 | 3.93% | 4.00% |
$150,000.00 - $249,999.99 | 3.93% | 4.00% |
$250,000.00 - $499,999.99 | 3.93% | 4.00% |
$500,000.00 - $999,999.99 | 3.93% | 4.00% |
$1,000,000.00+ | 3.93% | 4.00% |
With no minimum opening deposit, no low-balance fees, and interest earned on balances as low as $1, we make it easy to put your money to work.
Salal’s digital banking lets you easily monitor and manage your money anytime, anywhere.
Up to six withdrawals, checks, or online transfers a month¹ plus convenient access to 40,000+ surcharge-free ATMs across the country.
Need some help with your application? Feel free to reach out to a Salal representative.
* APY = Annual Percentage Yield. The interest rate is variable and subject to change. APY is accurate as of October 3, 2024. Summit Money Market has 9 interest rate tiers; these tiers pay the stated Rate and APY only on the portion of the balance within the specified tier. Fees could reduce earnings on the account. Minimum balance to earn interest is $1.00. See our Consumer Membership & Account Agreement here for details. Limit one Summit Money Market account per member.
¹ The Consumer Membership & Account Agreement and federal regulations may place limits on certain types of transfers from savings accounts which includes money market accounts. An Excessive Transaction fee of $25 may be assessed on each occurrence over six (6) during the month for any pre-authorized third-party transfer. Refer to the Consumer Membership & Account Agreement here for additional details.
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