Personal Checking Personal Savings Open a Personal Account

Personal Savings

Summit offers saving solutions to keep your money safe and earning interest until you need it. Contact us to explore the many products and services that are available.

Personal Savings
Minimum Opening Deposit $200
Interest-bearing, paid monthly on balances over $200
Link as overdraft protection
Mobile & Online Banking^*
Email & text alerts^**
Earn interest - See personal saving rates »

We offer the convenience and flexibility to access your funds all while earning interest.

Personal Checking Rates Personal Checking Disclosures

Features	Certificate of Deposit (CD)
Minimum Opening Deposit	$1,000
Interest-bearing, paid monthly	✔️
Terms range from 30-days to 5-years	✔️
Free Online Banking	✔️
Earn interest	See CD rates »

Features	IRA Savings
Minimum Opening Deposit	$100
Interest-bearing, paid monthly	✔️
Overdraft protection	✔️
Free Online Banking	✔️
Earn interest	See IRA Savings rates »

Personal Certificate of Deposit

Balance	Interest Rate	Annual Percentage Yield
Under $2,500	0.00%	0.00%
$2,500 and above	0.10%	0.10%

Personal Money Market

Balance	Interest Rate	Annual Percentage Yield
Under $2,500	0.00%	0.00%
$2,500 and above	0.35%	0.35%

You must maintain the minimum balance noted for each tier in order to earn the Annual Percentage Yield (APY) disclosed. All rates are subject to change after the account is opened. Fees could reduce earnings on the account, APY is subject to change without prior notice.
All rates and yields are accurate as of the effective date listed and are subject to change without notice.

Contact us if you have any questions about our product line.

Services	Features	Benefits	Fees
Personal Savings	Earn interest on deposits that you are not planning to use for a period of time. The account is used as a means of building savings for future use.	- $200.00 minimum to open account - Interest-bearing, paid monthly on balances above $200.00 - Link as overdraft protection - Unlimited credit transactions - Free Online Banking	- $2.00 maintenance fee if monthly average balance falls below $200.00
Certificate of Deposit	Certificate of deposits are for consumers who wish to earn interest on deposits and do not need access to the funds for a term.	- $1,000.00 minimum to open account - Competitive local rates - Interest-bearing, paid monthly - Terms range from 30-days to 5-years - Tiered rates - Automatic Renewals - 7 calendar day grace period - Free Online Banking	- Early withdrawal penalties dependent on term
IRA Savings	Interest-bearing account used to build savings for retirement.	- $100.00 minimum to open account - Interest-bearing, paid monthly - Overdraft protection - Free Online Banking	- No monthly maintenance fees - $15.00 Annual Custodial Fees - $5.00 Distribution Fee (under 59 ½) - $20.00 Transfer Fee
IRA Certificate of Deposit	Savings for retirement in a slightly higher interest product for a specific term.	- $1,000.00 minimum to open account - Competitive local rates - Interest-bearing, paid monthly - IRA terms available for 6-months, 1-year and 2-years - Tiered rates - Automatic Renewals - 7 calendar day grace period - Free Online Banking <	- Early withdrawal penalties dependent on term - $15.00 Annual Custodial Fees - $5.00 Distribution Fee (59 ½) - $20.00 Transfer Fee
Safe Deposit Boxes	Option for safekeeping records and other valuables. Only available at Santa Rosa Main branch.	- Many sizes available - 2 keys issued - Auto account debit for ease of rental payments required	- Rent is based on box size - $15.00 Key Deposit, reimbursed upon box closure and return of keys.

Nonprofit Partner Program:

Designed for 501(c) tax-exempt organizations to enhance fundraising efforts and maximize organization’s money.

Non-interest bearing operating accounts: Earn 0.95% on non-interest bearing operating accounts. Analyzed business accounts are included. For example, a $100,000 average Summit account balance would receive a $950 annual contribution.

Interest-bearing accounts: Earn 0.25% on your interest-bearing Summit savings, money market and demand deposit accounts. For example, a $100,000 average Summit account balance would receive a $250 annual contribution.

Insured Cash Sweep (ICS): Earn 0.65% on non-interest bearing operating account or 0.15% for an interest-bearing account.

Download our Nonprofit Partner Program Handout

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Notice At Collection
California Consumer Privacy Act (CCPA)

CCPA requires Summit State Bank to inform consumers of the categories and purposes of Personal Information (PI) we collect. We collect the following categories of PI: your name, address, Tax ID and Social Security Numbers, driver’s license, passport or ID card number, date of birth, telephone number, email address, bank account number, other financial information, beneficiary information, benefit elections, internet or other electronic network activity including IP address, geolocation, browsing history and website interactions. We collect PI for purposes such as validating identification, communication with you, processing payroll, processing financial transactions, offering and tracking employment benefits and target marketing. The requirements of the CCPA do not apply to personal information collected that is subject to the Gramm-Leach-Bliley Act (GLBA).

Personal Savings