What is the interest rate on the Summit Account?

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The Summit Account offers 1.00% annual percentage yield (APY) on balances of $2,500 or more, and 0.25% on balances of $2,499 and under. 

To give you a sense of the contrast, most banks offer a range of 0.01% - 0.06% annually. So our interest rate is almost 25 to 100 times greater than other banks!

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