| Term | Interest Rate | APY1 |
|---|
| 6-Month | 4.15% | 4.22% |
| 12-Month | 4.05% | 4.11% |
| 13-Month | 4.00% | 4.06% |
| 15-Month | 3.90% | 3.96% |
| 2-Year | 2.35% | 2.37% |
Take Time To Invest – It's Easy
With life’s daily to-do lists, considering how you can earn more on your savings is typically last on the list. But taking just a few minutes to determine how much of your savings you would like to place in a CD, and opening an account with us, can be a smart decision for your financial portfolio. Why let the money sit in a savings with a lower interest rate when you can earn more in a short-term, easy-to-open CD?
Benefits Of Sun Canyon CDs
- We regularly monitor the competition to ensure we offer some of the best rates available (resulting in the best earnings for you).
- We focus on simple, short terms, which benefits customers who are not interested in long-term investments such as retirees.
- Each depositor insured to at least $250,000.00. Sun Canyon also offers IntraFi® Network DepositsSM which allows for multi-million-dollar FDIC insurance.2
- No monthly fees for CDs.
Access To CD Funds
- When your CD term ends, you can withdraw your money at no charge during a 10-day grace period.
- If you decide that you want to renew your CD, you don’t have to do anything – we will automatically renew it.
- Need your funds before the CD term ends? Not a problem, but there will be an early withdrawal penalty.3
Earn Interest And Access Multi-Million-Dollar FDIC Insurance With IntraFi® Network Deposits
With IntraFi, Sun Canyon Bank can offer smart and convenient ways to safeguard your large deposits by using a network of banks, but with the simplicity of working with just Sun Canyon. IntraFi product offerings include ICS (IntraFi Cash Service) - funds placed into savings or money market accounts and CDARS - funds placed into CDs.
With ICS and CDARS services, you can:
- Enjoy peace of mind knowing your funds are eligible for multi-million-dollar FDIC insurance
- Earn interest
- Save time by working directly with our bank
- Enjoy flexibility
- Know the amount of your deposit can be used to invest in your local community
By accessing the Youtube.com link above, you are leaving the Sun Canyon Bank website and entering a website hosted by another party. Please be advised that you will no longer be subject to, or under the protection of, the privacy and security policies of Sun Canyon Bank website. We encourage you to read our Terms of Use section regarding the use of links from Sun Canyon Bank website.
Deposit placement through CDARS or ICS is subject to the terms, conditions, and disclosures in applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through CDARS or ICS satisfies any restrictions on its deposits. A list identifying IntraFi network banks appears at www.intrafi.com/network-banks. The depositor may exclude banks from eligibility to receive its funds. IntraFi, CDARS, One Bank One Rate One Statement are registered trademarks, and the IntraFi logo and IntraFi hexagon are service marks, of IntraFi Network LLC.
Disclosures
1 Advertised Annual Percentage Yield (APY) accurate as of December 17, 2024. A minimum deposit of $5,000 is required to open and earn stated APY.
2 Placement of your funds through the IntraFi Network Deposits service is subject to the terms, conditions and disclosures set forth in the agreements you enter into with us, including the applicable Deposit Placement Agreement. Limits apply and customer eligibility criteria may apply. IntraFi Network Deposits program withdrawals are limited to six per month when using the IntraFi Network Deposits savings option. IntraFi Network Deposits is a registered service mark of Promontory Interfinancial Network, LLC.
3 Penalty for early withdrawal on CDs. CD is automatically renewed for the same term at the interest rate available at the time.
