What is happening to my Summit account, and what is the difference between the old and new Summit accounts?


Your Summit account is not changing all that much - except for the better! With our new structure, we are empowered to bring you new ways to save, spend, and invest, and do so in a way that doesn't cost you more money. When you move to your new Summit account, you will enjoy 1.00% annual percentage yield (APY) on your entire balance (not just balances over $2,500), zero overdraft and stop payment fees, exciting new debit card benefits (like cell phone protection insurance and identity theft expense reimbursement). What's more, we're committing to "All Services Provided at Cost" - meaning that we'll only charge you what it costs us to provide the service and not a penny more.

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