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Summit Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.summitcu.org
336-662-6200
8210 W Market St
Greensboro, NC 27409

Summit Credit Union is headquartered in Greensboro and is the 17th largest credit union in the state of North Carolina. It is also the 921st largest credit union in the nation. It was established in 1935 and as of March of 2025, it had grown to 104 employees and 31,738 members at 8 locations. Summit Credit Union's money market rates are 4X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership is open to employees and retirees of Wake Forest University, Wake Forest University Baptist Medical Center, Wake Forest University School of Medicine, and over 200 Select Employer Groups.
See current membership details

Reviews

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Health
A

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #63020
Year Chartered1935
Employees104
Primary Regulator
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD4.41%
Annual Interest Income$4.7MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$360.6MM$350MM
LoansQ1 2025vs Q1 2024$229.3MM$216.1MM
DepositsQ1 2025vs Q1 2024$295MM$290.1MM
Equity CapitalQ1 2025vs Q1 2024$51.8MM$45.8MM
Loan Loss AllowanceQ1 2025vs Q1 2024$2MM$2.6MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$1.6MM$1.4MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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Always verify rates and promotions with the bank or credit union. We are not Summit Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Summit Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$100-Christmas Club
0.50%$5-Kids Club
0.05%$100-Membership Savings
0.05%$100-Special Savings

Summit Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.61%*$200k*-Money Market Investor
OTHER TIERS: 1.00% → $10k+ | 1.20% → $50k - $100k | 1.40% → $100k - $200k
0.60%$1k-Money Market

Summit Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$10k-9 Month Jumbo CD Special
3.75%$10k-27 Month Jumbo CD Special
3.75%$10k-9 Month CD Special
3.50%$10k-39 Month Jumbo CD Special
3.25%$500-27 Month CD Special
3.00%$10k-36 Month Jumbo CD
3.00%$500-39 Month CD Special
2.75%$500-36 Month CD
2.25%$10k-24-35 Month Jumbo CD
2.00%$500-24-35 Month CD
2.00%$10k-12-23 Month Jumbo CD
1.75%$500-12-23 Month CD
1.75%$10k-6-11 Month Jumbo CD
1.50%$500-6-11 Month CD

Summit Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.75%$10k-27 Month Jumbo IRA Special
3.75%$500-9 Month IRA Special
3.50%$10k-39 Month Jumbo IRA Special
3.25%$500-27 Month IRA Special
3.00%$10k-36 Month Jumbo IRA
3.00%$500-39 Month IRA Special
2.75%$500-36 Month IRA
2.25%$10k-24-35 Month Jumbo IRA
2.00%$500-24-35 Month IRA
2.00%$10k-12-23 Month Jumbo IRA
1.75%$500-12-23 Month IRA
1.75%$10k-6-11 Month Jumbo IRA
1.50%$500-6-11 Month IRA
1.00%$100-IRA Accumulator
Locations


Summit Credit Union Locations
Branch Office102 1st Ave NEHickory, NC 28601-6207
Branch Office800 Summit AveGreensboro, NC 27405
Branch Office8210 W Market StGreensboro, NC 27409
Branch Office3840 Ed Dr Ste 100Raleigh, NC 27612-8097
Branch Office1100 S Stratford Rd Ste 400BWinston Salem, NC 27103-3217
Branch Office128 College StOxford, NC 27565
Branch Office1743 Westchester DrHigh Point, NC 27262
Branch Office2917 S Elm Eugene StGreensboro, NC 27406

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