1 No purchase or obligation necessary to enter or win. All entries have an equal chance of winning. You may also enter the raffle by sending a self-addressed, stamped envelope to The Summit Federal Credit Union, Canal Ponds Business Park, 100 Marina Drive, Rochester, NY 14626 and clearly mark “Fall Youth Savings Account Raffle” on the outside of the envelope. See official drawing rules for details. Your $20 gift, will be deposited into your Summit Primary Savings account within 7 to 10 business days of opening a new Safari or Forward Bound account for ages 0 through 17 only. Youth accounts must be opened between 11/1/2024-11/30/2024. Offer limited to members that have not had a youth account in the past 12 months. The $20 gift is considered interest and is reportable on IRS Form 1099-INT. You will be responsible for all applicable federal, state, and local taxes relating to the $20 gift.
2 To be eligible for the Digital Edge Spend Account you must be less than 27 years of age, enrolled in Electronic Statements, enrolled in Mobile or Online Banking, and must have an Active Debit Card (defined as performing a minimum of ten (10) Debit Card transactions posted during the month on the Digital Edge Spend Account). Members that no longer qualify for the Digital Edge Spend Account will be converted to the Enhanced Checking account (if under 27) or the Digital Freedom Spend Account (when turning 27) and no longer qualify for these fee exemptions.
3 Must be age 22 or younger for exemption of Account Maintenance Fee unless you have the Digital Edge Spend Account. See Rate & Fee Schedule for details. Must be 18 years of age or older to open a checking account, or have an accompanying joint member on the account who is 18 years of age or older.
4 Card Controls: While your card is in temporary “off” mode most new purchases and ATM transactions will not be processed. Preauthorized transactions and authorized reoccurring transactions may be approved while the card is in “off” mode. You remain responsible for monitoring all transactions.
5 A $2.00 fee will be charged for each ATM transaction at a non-Summit owned which exceeds the number of free transactions associated with your Member Benefit Level. See Rate & Fee Schedule for details. This is based upon the posting date of your transactions. If you use an ATM that includes a surcharge fee from that provider, you will be responsible for that fee. Please note: Withdrawals and inquiries count toward your monthly transaction limit.
6 Mobile Banking is a free service available only with a Summit FCU Account. Your mobile carrier’s text messaging and data charges may apply.
7 Subject to application and credit approval. Must be 18 years of age or older to apply.
