It’s simple!
Earn up to 2X more than the Florida average with a Suncoast Share Certificate.

Enjoy higher earnings so you can make the most of every dollar! At Suncoast, we offer share certificates with terms to meet your needs and rates to please your wallet. Simply open your share account and watch your savings grow!

You would earn $6,470 more! $100k Share Certificate Over 36 Months
3.0% APY§
Suncoast Rate
0.93% APY
Florida Average

Explore Your Earnings with Our Share Certificate Rates

See how much more you can earn! Share certificates are like certificates of deposit (CDs), but share certificates are issued by credit unions and CDs are issued by banks. If you want to save money while maintaining the ability to use your funds whenever you need them, a money market account could also be a good choice. Use the tool below to discover how much more you can earn by opening a share certificate or money market account with Suncoast.

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$ 00 Congratulations — you already have a great rate! We invite you to learn more about our Personal and Business services and see how Suncoast can help you save.

1.0% APR*
2.0% APR*

Total Savings: $00

Benefits of Share Certificates

Make the most of benefits, like:

  • Higher earnings on deposits
  • Higher dividend rates
  • Easy automatic savings
  • Terms to fit your financial needs
  • Helps short- or long-term goals
  • Dividends are compounded daily and credited monthly

Benefits of Money Market Accounts

Get more with benefits, like:

  • Higher earnings on deposits
  • Increased flexibility
  • Accessibility of a checking account
  • Rates based on account balance
  • Safely save money while earning interest
  • Dividends are compounded daily and credited monthly

Benefits of Membership

Enjoy exclusive benefits, like:

  • Higher earning on deposits
  • Lower rates on loans
  • Free digital banking from anywhere, 24/7
  • Perks, discounts, and free services
  • Free financial e-learning and wellness resources
  • 75 conveniently located service centers with extended hours

Frequently Asked Questions (FAQs)

A share certificate is a method of saving money. It’s similar to a certificate of deposit (CD) that many banks offer, but it’s issued by a credit union.

Share certificates are different from regular savings accounts because the money stays in the account for a specific amount of time. This amount of time is called the term. Share certificates also often yield higher returns than a regular savings account, which means your money can grow more over time.

You can easily open a share certificate by logging in to your account, going to “Open & Apply” and following the prompts. You can also visit a Suncoast branch to open an account in-person.

If you’re not a Suncoast member, you can join by opening a savings account with $5, then you’ll be able to open your share certificate using one of the ways listed above.

For share certificates, APY stands for annual percentage yield. It indicates how much you will earn on deposits over a year. So, it’s similar to an APR (annual percentage rate) on a loan, but you earn money instead of owe money!

Share certificates are offered for a set time period, called a term. When you choose a share certificate, you keep your money in the account for the entire time period or you may be penalized.

Share certificates may require a specific initial deposit and a minimum balance, and longer terms tend to have higher dividend rates.

The penalty amount is based on the term of the certificate. For terms of 6 and 12 months, the penalty is typically 90 days of dividends. For terms of 18 months or greater, the penalty is typically 180 days of dividends.

Penalties are only assessed on the amount withdrawn. If the withdrawn amount is below the required minimum balance, the share certificate must be closed.

View CD rates & disclosures for complete details.

Yes! You will receive a secure message in SunNet and/or get a maturation notification in the mail.

No, you cannot add additional funds to an established certificate. However, you can always open a new certificate online or in person with terms and rates that work for you.

†$6,470 is the difference between the amount earned in interest between Suncoast Credit Union's rate at 3.00% APY compared to 0.93% APY for the Florida market average over the life of a $100,000 certificate of deposit over 36 months. View CD rates & disclosures. Analysis by Datatrac as of 9/14/2022.

§Annual Percentage Yield (APY) accurate as of 09/14/2022. Rates subject to change without notice. For all Certificate products, APY assumes dividends remain on deposit until maturity date. Penalty will or may be imposed for early withdrawal with no loss of initial investment: 90 days of dividends on terms of 12 months or less; 180 days of dividends on terms longer than 12 months. Fees may reduce earnings. Dividends are compounded daily and credited monthly. Membership qualification and account opening required.