Available in terms from 3 to 54 months,
Sun Federal's Share Certificates offer higher yields. Dividend
rates are fixed throughout the term of the certificate and are
compounded monthly. Visit our
Rates page, for
the current certificate offerings.
Many Special Certificates are available to meet various needs:
CALL
Certificate
A CALL Certificate puts members in control! The call
certificate allows you, the member, a one-time option to
redeem early without penalty during a 30-day call window.
You benefit with a higher, locked-in yield, but a shorter
commitment. In other words, if rates go up you can change to
new higher yielding certificate during your call anniversary
window. But if rates go down, you're already locked in. So,
you benefit either way! Or you can simply redeem during the
call window and get the benefit of a higher rate for the
shorter term!
Call certificates may be available from
time to time. Visit our
Rates page, for
the current certificate offerings.
30-Month
No Minimum
Certificate
The 30-Month No
Minimum Certificate allows any member to have the
option of locking in funds for a higher yield, without having
to meet any minimum opening deposit requirement.
42-Month Add-on
Youth Certificate
The 42-Month Add-on Youth Certificate is available for minors
with the following added features: add-on capability and
reduced minimum opening deposit of $250.
Jumbo
Certificates
Jumbo Certificates are negotiable for those members wishing to
consolidate their certificate assets into a higher yielding
certificate. Jumbo Certificates are available in 12, 18, 24,
30, 42 and 54-month terms. Please speak to a credit union
manager to discuss your personal situation.
All other restrictions for these
Special Certificate Accounts apply as outlined in the
Rate & Fee Schedule for Certificate Accounts.
Every dollar spent using your
Sun Federal VISA ScoreCard Credit Card earns a ScoreCard
bonus point.
One option for redeeming
ScoreCard points is to use them to increase the annual
percentage yield on a new Share Certificate.
Here's how it works:
If you have been using your Sun Federal Visa for 24 months
with an average monthly purchase of about $500, after two
years you would have about 12,000 bonus points. The
accumulated bonus points are listed on the bottom portion of
your monthly statement.
You may call or go to your
local Sun Federal location and
redeem your 12,000 points toward an increased rate for a new
share certificate. The bottom line with the rate increase
will net you a better yield of $120 dollars, which will be
spread over the term of your certificate.
Sorry, Scorecard bonus points may not
be redeemed for cash at any time due to tax implications.
You may only redeem the points for the gifts or travel
awards outlined in the catalogs mailed home, for better
rates on Sun Federal products or logo items. Certain
restrictions may apply.
