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Suncoast Schools Federal Credit Union CD Rates


Suncoast Schools Federal Credit Union is the largest Credit Union in Florida and the 7th largest Credit Union in the United States. They serve many counties along the West coast of Florida including, Charlotte, Citrus, Collier, DeSoto, Glades, Hardee, Hendry, Hernando, Hillsborough, Lee, Levy, Manatee, Pasco, Pinellas and Sumter counties. It was chartered on January 31, 1934 as Hillsborough County Teachers Credit Union. Today it has 442,614 members with $5,928,897,315 in assets and shares & deposits of $5,135,876,567. Its mission is of improving the quality of its members by maintaining a strong, secure and Innovative Credit Union. Its Share Certificate Accounts offer high dividend rates in comparison to savings or money market account. Explained below are the dividend rates with APY that it is offering on Share Certificates and Youth Certificates:

Share Certificates and Youth Certificates Rates*:
– With a minimum opening balance of $500 deposited for a period of 6 months would get a dividend rate of 4.88% with 5.00% of APY.
– With a minimum opening balance of $500 deposited for a period of 12 months would get a dividend rate of 4.88% with 5.00% of APY.
– With a minimum opening balance of $500 deposited for a period of 18 months would get a dividend rate of 4.88% with 5.00% of APY.
– With a minimum opening balance of $500 deposited for a period of 24 months would get a dividend rate of 4.88% with 5.00% of APY.
– With a minimum opening balance of $500 deposited for a period of 36 months would get a dividend rate of 4.88% with 5.00% of APY.
– With a minimum opening balance of $500 deposited for a period of 48 months would get a dividend rate of 4.88% with 5.00% of APY.
– With a minimum opening balance of $500 deposited for a period of 60 months would get a dividend rate of 4.88% with 5.00% of APY.

The rate of dividend is fixed. The dividends are compounded Daily and Credited Monthly. Penalty will or may be imposed incase of early withdrawals. Suncoast Schools Federal Credit Union has always addressed the needs, shown respect and built a trust with its members. Your Savings are federally insured to at least $100,000 & backed by the full faith of the NCUA, an agency of U.S. Government.

*The rates are effective as on 11/13/2007.

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