Rewarding Our
Member Owners
At Sun Federal, we want to build a relationship with you that will last a lifetime. As a member-owned financial cooperative, we depend on the participation of all members. We strive to maximize the member benefits while minimizing the costs. That’s the idea behind
SunLife Relationship Rewards! We want to reward members who contribute to our collective financial strength. It's a way of giving back for your continued loyalty!
The Rewards
Think of it as our way of saying thank you for saving, spending and borrowing with us. The idea behind
SunLife Relationship Rewards is simple…the more business you have with Sun Federal, whether in deposits or loans, and transactions, the more benefits you receive. Take a look at the reward chart for a quick glance of the rewards then click on the different reward levels below to see all of the benefits available to you and your family.
Increase Your Rewards
Move your certificate or IRA
from elsewhere
Sign-up for direct deposit
Transfer your checking account from elsewhere
Refinance your loans from elsewhere (we have great rates)
Bring over or obtain a mortgage or home equity loan
Transfer a higher interest credit card balance to a low rate loan or Visa
Growing With You
Sun Federal grows with you through every stage of life.
Young members are rewarded for education through the Grade
Card Match. New drivers need a car...we can help with that!
A new home, retirement, budgeting - we’ve got it covered!
Now is
the perfect time to bring all of your financial needs to Sun
Federal. Together, we can build a solid future! See below to
read about each relationship level.
Significant
Star
Loyal
Premier
Significant
Features:
- Free Gift with first account
- $5 minimum to open an account
- Free money for good grades with the Grade Card Match
- Youth Certificate - $250 minimum, then make deposits at any time, in any amount
- Holiday Coloring Contest for members age 10 & under
- Free SunTouch 24 Account
Access for active checking account holders and minors
- Free Direct Deposit & Payroll Deduction
- Free Checking & first full box of checks when account is opened
- Personal Line of Credit Overdraft Protection
- Free Set-Up of Automatic Payments
- Free ATM Visa Check Card
- Free eStatement Access
- No Annual Fee Visa Platinum Credit Card
- Financial Management Services
- Free Notary Service
- Discount Entertainment Tickets
Significant: These rewards are for all members. Each month, your current level of benefits is automatically evaluated and adjusted.
Moving to a higher level is as easy as initiating a new service, adding to your savings
or transferring a loan from another financial institution.
Star
Features:
-
Free Gift with first account
-
$5 minimum to open an account
-
Free prize for each deposit
-
Free money for good grades with the Grade Card Match
-
Youth Certificate - $250 minimum, then make deposits at any time, in any amount
-
Holiday Coloring Contest for members age 10 & under
-
Free SunTouch 24 Account Access
-
Special Promotional Rewards
Star: These rewards are for members age 17 & under and have a certificate. Each month, your current level of benefits is automatically evaluated and adjusted.
Loyal
- Consumer Loan Rate Discount (½%)
- Free Online Bill Payment
- Personal Line of Credit Overdraft Protection
- Free Direct Deposit & Payroll Deduction
- Free Checking
- Free Set-Up of Automatic Payments
- Free ATM Visa Check Card
- Free SunTouch 24 Account Access
- Free eStatement Access
- No Annual Fee Visa Platinum Credit Card
- Financial Management Services
- Free Notary Service
- Discount Entertainment Tickets
- Special Promotional Rewards
Loyal: These rewards are for members with 1.) An active checking account (at least one monthly transaction) and 2.) An
ATM Visa Check Card with at least three monthly transactions or a Visa Credit Card with at least one transaction a month or age 65+. Each month, your current level of benefits is automatically evaluated and adjusted. Moving to a higher level is as easy as initiating a new service, adding to your savings or transferring a loan from another financial institution.
Premier
- Share Certificate Rate
Increase of .25 basis points (¼%)
- Consumer Loan Rate Discount (½%)
- Visa Gift Card Fee Waived (10 per year)
- Free Online Bill Payment
- Free Direct Deposit & Payroll Deduction
- Free Checking
- Free Box of Checks (1 per year)
- Personal Line of Credit Overdraft Protection
- Free Set-Up of Automatic Payments
- Free ATM Visa Check Card
- Free SunTouch 24 Account Access
- Free eStatement Access
- No Annual Fee Visa Platinum Credit Card
- Financial Management Services
- Free Notary Service
- Discount Entertainment Tickets
- Special Promotional Rewards
Premier: These rewards are for members with 1.) An active checking account (at least one monthly transaction); 2.) An
ATM Visa Check Card with at least three monthly transactions or a Visa Credit Card with at least one transaction a month or age 65+; and 3.) Total deposits and loans of $10,000. Each month, your current level of benefits is automatically evaluated and adjusted. Moving to a higher level is as easy as initiating a new service, adding to your savings or transferring a loan from another financial institution.
Save HUNDREDS of Dollars!
Members who receive a ½ percent SunLife consumer loan discount really save BIG over the life of the loan. See the example below for how the savings add up:
|
Savings Example
$24,000 Car Loan over Six Years
|
|
Loan Rate |
Monthly Payment |
Total over term
|
|
5.99* |
$397.68 |
$28,632.96 |
|
5.49** |
$391.92 |
$28,218.24 |
|
Total
Interest Savings $414.72
|
|
*Annual Percentage Rate effective 7/24/2008 for 3 to 6 year term, based on member's credit experience rate subject to change.
**Annual Percentage Rate effective 7/24/2008 for 3 to 6 year term, based on member's credit experience plus SunLife discount rate subject to change.
APPLY NOW!
Earn Even More!
Members who receive a ¼ percent SunLife Reward certificate rate increase really earn BIG over the life of the certificate! See the example below for how the increase adds up:
Dividend Example
$5,000
Certificate over 54 months
|
|
Certificate APY*
|
Total over term
|
|
4.70% |
$6,175 |
|
4.95% |
$6,245 |
|
Total Difference in Dividend $70 |
|
|
