Summit Bank CD Rates, Savings & MMA, Mortgage & Loan Rates, Reviews

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Summit BankToday's 12-month CD rates can be found at 2.22%, 6-month CD rates at 0.50% and 3-month CD rates at 0.10%. Current savings rates are at 0.40% and money market rates are at 0.05%. Mortgage rates today on 30-year fixed loans are around 6.55%. Credit Card rates are at 11.96%. Personal Loan rates are at 8.99%. All these rates, and more, can be found in our database of rates.

To see how these rates compare to Summit Bank CD rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from Summit Bank, savings rates and money market rates, with rates from other banks and credit unions below. You can use our bank rate lists to compare CD rates for all CD terms, with Summit Bank CD rates. You can also compare Summit Bank savings rates, MMA rates and mortgage rates using our other rate lists.

Summit Bank money market rates, and other rates, are continually updated to reflect market conditions, we recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Summit Bank? Share your experience about Summit Bank by leaving a review below, or read customer reviews before you decide to use Summit Bank.

Summit Bank Texas Ratio

Summit Bank's Texas Ratio is at 0.00%, which is considered excellent. The Texas Ratio for Summit Bank is lower than the national average of all banks, currently at 6.13%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing.

Overall, Summit Bank is an excellent bank worth considering, with an overall rating of 5 stars out of 5 stars.

Rate
APY/APR
vs Avg
12-Month CD
N/A
18-Month CD
N/A
24-Month CD
N/A
36-Month CD
N/A
48-Month CD
N/A
60-Month CD
N/A
Savings
N/A
MMA
N/A
30-Year Fixed
N/A
Credit Card
N/A
Personal Loan
N/A
Summit Bank
2969 Broadway
Oakland, CA 94611
Member FDIC
MonitorBankRates' Rating
5/5
★★★★★

Compare Summit Bank Rates with Other Competitive Bank and Credit Union Rates

Bank
Product
APY
Min Dep
F&M Bank of St. Clair
F&M Bank of St. Clair
Your Choice Rewards Checking
5.00%
$100
ESB Bank
ESB Bank
12-Month CD
4.20%
$10,000
Gainey Business Bank
Gainey Business Bank
60-Month CD
3.92%
$5,000
Security Bank USA
Security Bank USA
12-Month CD
3.75%
$25,000
Home SB of Wapakoneta
Home SB of Wapakoneta
6-Month CD
3.75%
$1,000
Wintrust Bank
Wintrust Bank
11-Month CD
3.75%
$1,000
ESSA Bank & Trust
ESSA Bank & Trust
60-Month CD
3.70%
$1,000
United States Senate Federal Credit Union
United States Senate Federal Credit Union
12-Month CD (Plus Jumbo)
3.55%
$200,000
Regent Bank (OK)
Regent Bank (OK)
36-Month CD
3.50%
$1,000
Genoa Banking Company
36-Month CD
3.50%
$1,000
Acadia Federal Credit Union
Acadia Federal Credit Union
60-Month CD
3.50%
$1,000
River Bank
River Bank
48-Month CD
3.29%
$1,000
Circuit Federal Credit Union
Circuit Federal Credit Union
18-Month CD
3.29%
$1,000
First Savings Bank of Hegewisch
First Savings Bank of Hegewisch
18-Month CD
3.25%
$5,000
Union State Bank of Everest
Union State Bank of Everest
6-Month CD
3.00%
$1,000
Bank Forward
Bank Forward
12-Month CD
3.00%
$500
FSB of St. Charles, MO
FSB of St. Charles, MO
24-Month CD
2.90%
$1,000
Rosedale FSL
Rosedale FSL
48-Month CD
2.55%
$500
First Westroads Bank
First Westroads Bank
36-Month CD
2.50%
$100
Farmers and Merchants Bank Milligan, NE
Farmers and Merchants Bank Milligan, NE
48-Month CD
2.47%
$500
First Security Bank of Deer Lodge
First Security Bank of Deer Lodge
12-Month CD
2.27%
$1,000
First National Bank of Steeleville
First National Bank of Steeleville
36-Month CD
2.25%
$500
Wakefield Co-operative Bank
Wakefield Co-operative Bank
60-Month CD
2.15%
$500
First Sentinel Bank
First Sentinel Bank
Consumer Fed Funds Money Market
2.02%
$250,000
Mercer County State Bank
Money Market
2.02%
$500,000
Cleveland State Bank
Cleveland State Bank
12-Month CD
2.00%
$1,000
BAC Community Bank
BAC Community Bank
24-Month CD
2.00%
$2,500
Root River State Bank
Root River State Bank
30-Month CD
1.60%
$300
Bank Plus
Bank Plus
36-Month CD
1.51%
$1,000
Preferred Bank Rothville, MO
Preferred Bank Rothville, MO
36-Month CD
1.51%
$500
First National Bank of Clarksdale
First National Bank of Clarksdale
18-Month CD
1.50%
$500
Ukrainian Selfreliance Federal Credit Union
Ukrainian Selfreliance Federal Credit Union
12-Month CD
1.01%
$500
FSB of Golva
FSB of Golva
Money Market
1.00%
$0
F&M Union Bank
Statement Savings
0.75%
$0
BAC Community Bank
BAC Community Bank
36-Month CD
0.75%
$2,500
PSB Provident Savings Bank
PSB Provident Savings Bank
36-Month CD
0.63%
$1,000
Warsaw Federal S&L
24-Month CD
0.50%
$500
Liberty Bank Liberty, IL
Liberty Bank Liberty, IL
NOW Checking
0.35%
$1,000
Citizens Federal S&L Assoc
Citizens Federal S&L Assoc
Checking Classic Plus
0.25%
$100
Machias Savings Bank
Machias Savings Bank
High Yield Savings
0.25%
$0
Central State Bank State Center, IA
Central State Bank State Center, IA
Regular Savings
0.15%
$50
First Horizon
First Horizon
48-Month CD
0.10%
$1,000
Murphy-Wall State B&T Co.
Murphy-Wall State B&T Co.
Money Market
0.10%
$2,500
First National Bank of Michigan
First National Bank of Michigan
First Personal Savings
0.10%
$100
Superior Savings Bank
Superior Savings Bank
Statement Savings
0.05%
$100
National Bank of Malvern
National Bank of Malvern
NOW Checking
0.05%
$1,000
Northwoods Bank of Minnesota
Northwoods Bank of Minnesota
High Yield Savings
0.04%
$10,000
Mountain Pacific Bank
Mountain Pacific Bank
Savings
0.03%
$100
Sturdy Savings Bank
Sturdy Savings Bank
18-Month CD
0.02%
$500
F&M Bank Laotto, IN
F&M Bank Laotto, IN
Easy Interest Checking
0.01%
$50
Show More

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Mortgage Rates March 24, 2025

Lender
Product
Rate
APR
Points
3.990%
4.357%
0.750
4.250%
4.514%
0.750
4.500%
4.685%
0.750
15-Year Fixed
5.125%
5.243%
0.625
5.560%
5.250%
0.000
15 Year Fixed
5.300%
5.390%
0.000
15-Year Fixed
5.375%
5.431%
0.000
5.125%
5.447%
1.125
5.250%
5.482%
0.500
5.250%
5.491%
0.000
5.250%
5.506%
0.000
5.375%
5.507%
0.000
5.300%
5.518%
0.000
5.375%
5.525%
0.750
15-Year Fixed Jumbo
5.500%
5.526%
0.000
5.375%
5.563%
0.000
5.500%
5.569%
0.000
5.250%
5.570%
1.250
5.375%
5.582%
1.000
5.500%
5.614%
0.000
5.250%
5.615%
1.750
5.250%
5.629%
2.000
5.500%
5.638%
0.000
5.500%
5.639%
0.250
Show More

The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed.

Our apologies, we do not have Summit Bank rate data right now, check back for updates, we are adding rates all the time.

Summit Bank Information

Summit Bank
2969 Broadway
Oakland, CA 94611
Alameda
Established Date: 07/01/1982
FDIC Certificate #: 23864
Date of FDIC Deposit Insurance: 07/01/1982
Bank Holding Company: SUMMIT BANCSHARES INC
How Many Domestic U.S. Offices? 3
How Many Branches are There? 3
Is Summit Bank FDIC Insured? Yes
What is Summit Bank's Cert number? 23864
What is the maximum amount for insured deposits? $250,000 per holder, per account

Summit Bank Financials

Total Assets:
$315,524,000
Total Deposits:
$260,670,000
Equity Capital:
$45,736,000
Domestic Deposits:
$260,670,000
Net Income:
$1,303,000
Return on Assets:
1.6576%
Quarterly Return on Assets:
1.6400%
Pretax Return on Assets:
2.3231%
Pretax Quarterly Return on Assets:
2.3200%
Return on Equity:
13.3400%
Quarterly Return on Equity:
11.4700%
Common Equity Tier 1 Capital Ratio:
19.0213%
Tier 1 Risk-Based Capital Ratio:
19.0213%
Leverage Tier 1 (Core Capital) Ratio:
13.2837%
Total Risk-Based Capital Ratio (YTD):
20.2880%
Total Interest Income (YTD):
5.6791%
 
 
Headquarters:
Oakland
FDIC Field Office:
San Francisco
Regulator:
FDIC
County:
Alameda
# of Offices:
3
Metropolitan Statistical Area (MSA):
San Francisco-Oakland-Berkeley, CA
Consolidated Metropolitan Statistical Area (CMSA):
San Francisco-Oakland-San Jose, CA
OTS Region:
Western
FDIC Region:
San Francisco
Source: FDIC Last Updated 03/31/2024

FDIC List of Troubled Banks and the Texas Ratio

The Federal Deposit Insurance Corporation (FDIC) maintains a list of problem banks that isn't published or shared with anyone else. So how can the average depositor or lender know if their bank is a problem bank about to fail?

The Texas Ratio is one measure that might offer a clue. The ratio was developed by RBC Capital Markets analyst Gerard Cassidy in the 1980's to forecast which banks could fail during the 1980's real estate bubble...Deja vu, anyone?

The ratio is devised by comparing a bank's troubled loans to its capital. If the amount of bad loans equals or exceeds its capital, a ratio of 100% or higher, the bank might not have enough capital to cover its losses related to the bad loans on its books. Updated Failed Bank List Below:

    Read more...

Explore Other Rate Deals

Personal income and disposable income were both higher in the month of September but very low savings rates caused the personal savings rate to decline in the month of September. Personal income increased $48.1 billion, or 0.4 percent, and disposable personal income (DPI) increased $43.0 billion, or 0.4 percent, in September, according to the Bureau of Economic Analysis.
Goldwater Bank CD RatesGoldwater Bank CD rates are very good right now. In fact, CD rates from Goldwater Bank are some of the highest CD rates currently available today. 1 year CD rates at Goldwater Bank are at 0.95 percent. 6 month CD rates from Goldwater Bank are at 0.70 percent. See how Goldwater Bank CD rates compare with other bank CD Rates.

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