CDs and Share Certificates for Florida Residents

Share certificates are a similar product as certificates of deposit (CDs). The difference is that share certificates are issued by credit unions and CDs are issued by banks. At Suncoast, we have great share certificate rates and term options.

Explore Share Certificates Rates

Choose a Product:

Minimum Balance

Minimum Balance

Rate Type

Rate Type

Fixed or Variable

Dividend Rates

Dividend Rates

APY**

APY**

Annual Percentage Yield

Jumbo Certificate 6 Month Term

Minimum Balance

$100,000.00

Rate Type

Fixed

Dividend Rates

0.300 %

APY**

0.300 %

Jumbo Certificate 12 Month Term

Minimum Balance

$100,000.00

Rate Type

Fixed

Dividend Rates

0.399 %

APY**

0.400 %

Jumbo Certificate 18 Month Term

Minimum Balance

$100,000.00

Rate Type

Fixed

Dividend Rates

0.449 %

APY**

0.450 %

Jumbo Certificate 24 Month Term

Minimum Balance

$100,000.00

Rate Type

Fixed

Dividend Rates

0.548 %

APY**

0.550 %

Jumbo Certificate 36 Month Term

Minimum Balance

$100,000.00

Rate Type

Fixed

Dividend Rates

0.698 %

APY**

0.700 %

Jumbo Certificate 48 Month Term

Minimum Balance

$100,000.00

Rate Type

Fixed

Dividend Rates

0.846 %

APY**

0.850 %

Jumbo Certificate 60 Month Term

Minimum Balance

$100,000.00

Rate Type

Fixed

Dividend Rates

0.946 %

APY**

0.950 %

Share Certificate 6 Month Term

Minimum Balance

$500.00

Rate Type

Fixed

Dividend Rates

0.300 %

APY**

0.300 %

Share Certificate 12 Month Term

Minimum Balance

$500.00

Rate Type

Fixed

Dividend Rates

0.399 %

APY**

0.400 %

Share Certificate 18 Month Term

Minimum Balance

$500.00

Rate Type

Fixed

Dividend Rates

0.449 %

APY**

0.450 %

Share Certificate 24 Month Term

Minimum Balance

$500.00

Rate Type

Fixed

Dividend Rates

0.548 %

APY**

0.550 %

Share Certificate 36 Month Term

Minimum Balance

$500.00

Rate Type

Fixed

Dividend Rates

0.698 %

APY**

0.700 %

Share Certificate 48 Month Term

Minimum Balance

$500.00

Rate Type

Fixed

Dividend Rates

0.846 %

APY**

0.850 %

Share Certificate 60 Month Term

Minimum Balance

$500.00

Rate Type

Fixed

Dividend Rates

0.946 %

APY**

0.950 %

Smart Start Certificate 12 Month Term

Minimum Balance

$50.00

Rate Type

Fixed

Dividend Rates

0.399 %

APY**

0.400 %

Additional Information

  • Jumbo Certificate
    • Highest dividend rates, highest earnings and best return for large deposits.
    • Initial deposit and minimum balance of $100,000 is required.
    • Terms to fit your savings goals.
    • Available as: Jumbo Share Certificate, Jumbo Youth Certificate, Jumbo IRA/Roth/SEP Certificate, Jumbo Business Certificate, Coverdell Education Savings Jumbo Certificate and Health Savings Account Jumbo Certificate.
    • A penalty will or may be imposed for early withdrawals: 90 days of dividends on terms of 12 months or less; 180 days of dividends on terms longer than 12 months.
    • If the account has not yet earned enough dividends or if the dividends have already been paid, the penalty will be deducted from the principal.
    • Dividends are compounded daily and credited monthly.
    • Suncoast members may open a new Jumbo Certificate by calling the Member Care Center, in any branch or by sending a secure email through SunNet Online Banking.
    • 60 month Jumbo Certificate, Jumbo Youth Certificate and Jumbo Business Certificate account holders may request a rate change one time during the term of the certificate. The initial maturity date will remain the same.
    • APY determined at time of funding.
  • Share Certificate
    • Higher dividend rates, higher earnings, easy automatic savings.
    • Terms to fit your financial needs.
    • Types of Share Certificates available: Traditional, Retirement: IRA/Roth/SEP, Coverdell Education Savings Account, Health Savings Account, and Business Certificate Account.
    • Initial deposit and minimum balance of $500 is required.
    • Suncoast members may open a new Certificate Account by phone with the Member Care Center, in any branch or by sending secure email through SunNet Online Banking. If emailing, include the account from which the funds are to come, the desired term in months, and whether you wish to have the dividends added to the certificate or transferred to another deposit account.
    • A penalty will or may be imposed for early withdrawals: 90 days of dividends on terms of 12 months or less; 180 days of dividends on terms longer than 12 months.
    • If the account has not yet earned enough dividends or if the dividends have already been paid, the penalty will be deducted from the principal.
    • Dividends are compounded daily and credited monthly.
    • APY determined at time of funding.
  • Smart Start Certificate
    • An easy way to start a regular savings plan - get started with only a $50 opening deposit and a commitment to at least $40 per month made by payroll deduction or automatic transfer. Within 12 months, you'll have saved $500 which you can then roll over into a traditional certificate account.
    • Suncoast members may open a new Certificate Account by phone with the Member Care Center, in any branch or by sending secure email through SunNet Online Banking. If emailing, include the account from which the funds are to come, and whether you wish to have the dividends added to the certificate or transferred to another deposit account.
    • A penalty will or may be imposed for early withdrawals: 90 days of dividends on terms of 12 months or less; 180 days of dividends on terms longer than 12 months.
    • If the account has not yet earned enough dividends or if the dividends have already been paid, the penalty will be deducted from the principal.
    • Dividends are compounded daily and credited monthly.

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Share Certificates Explained

Share certificates are so special because you can earn money by simply keeping your money in the account for a specific amount of time.

Head over to our blog to learn how share certificates can help you earn money without doing a thing!