Minor Share Certificate Accounts

Regular Share Membership

• The account you get when you first become a Suncoast member, your Share Savings requires only a $5 opening deposit and gives you access to all other Suncoast products and services.
• This traditional savings plan pays competitive dividends that will help your money grow.
• Dividends are compounded monthly and credited monthly.
• You must maintain a balance of $5 to stay a member

Special Share (Savings)

• Save for special occasions such as vacations, holiday spending or for anything you want to keep separate from your other savings accounts.
• You'll earn dividends at the regular share rate and there's no minimum balance requirement.
• Dividends are compounded monthly and credited monthly.
• On variable rate accounts the rate may change after account opening.

Youth Certificate

• Penalty will or may be imposed for early withdrawal.

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.
• APY determined at time of funding and assumes dividends remain on deposit until maturity date.

Yes, Minor Share Certificate Accounts must maintain a minimum balance of $500.

Minor Share Certificates Accounts come in 6, 12, 18, 24, 36, 48, and 60 month terms.

Yes, a penalty will or may be imposed for early withdrawal from a Minor Share Certificate Account. 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.

Suncoast members may open a new Minor Share 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.