Summer is here, and while it's the perfect time to relax and enjoy the sunshine, it's also a great opportunity to soak up some savings! Whether it’s through a savings account or CD, your money partners at Sun Canyon Bank want to help you earn more. So, put on your shades and get ready to make some waves as we explore how to take advantage of summer savings.  

#1 Open A Savings Account 

Summer is an ideal time to save money, and opening a savings account is one of the easiest ways to do it. With a savings account, you can earn interest on your deposits, which can help your savings grow. When selecting a savings account, consider factors like interest rate, fees, and minimum balance requirements.  

At Sun Canyon Bank, our Gold Savings account has competitive interest rates and no monthly maintenance fees, as long as the minimum balance of $250 is maintained, making it a fantastic choice for savers. Automatic savings plans are also available with many savings accounts, simplifying your savings each month. By regularly depositing into a savings account, you can accumulate savings quicker and prepare for future expenses or your dream summer vacation.  

To see the terms and benefits of a Gold Savings account with Sun Canyon Bank, click here. 

#2 Consider A Money Market Account 

When it comes to saving money, a Money Market account can be a great option for those looking to earn more through interest while still having access to their funds. Money Market accounts are similar to savings accounts but can offer higher interest rates in exchange for maintaining a higher balance.  

Sun Canyon Bank's Money Market account often provide check-writing privileges for easy access to your funds. With a Money Market account, you can earn higher interest rates while maintaining convenient access to your savings, making it an intelligent option for growing your savings over time. 

Find out more about a Money Market account with Sun Canyon Bank by clicking here. 

#3 Invest In A Certificate of Deposit (CD) 

A Certificate of Deposit, or CD, can be a great option for those looking to earn higher interest rates on their savings while committing to a set term. CDs typically offer higher interest rates than savings and Money Market accounts but require you to lock in your funds for a set period of time. Committing to a set term can be beneficial for long-term savings growth. 

Sun Canyon Bank's CDs provide competitive interest rates and flexible terms ranging from six months to two years. They're ideal for saving for specific goals like a down payment on a house or other large purchases, offering low-risk and higher returns on savings.  

To learn more about CDs, regarding terms and information with Sun Canyon Bank, click here. 

#4 Interest Checking Account 

An interest checking account is a type of bank account that pays interest on the balance you maintain. This can be a great option for those who want to earn interest on their checking account while still having access to their funds for everyday spending.  

Sun Canyon Bank's Interest Checking provides competitive interest rates, free online banking, bill pay, and no monthly maintenance fees if the minimum balance of $5,000 is maintained. Linking your account to a debit card allows you to access your funds conveniently and earn interest simultaneously. Overall, this type of account lets you earn interest on your balance while retaining convenient access to your funds.  

Find out how you can earn with Sun Canyon Bank by clicking here. 

Products and terms may be subject to change. Please refer to the “Truth In Savings” disclosures provided at account opening, or contact us for more information.