Money Investment
Elevate your savings with flexibility and security. Money Investment accounts offer higher paying dividends and easy access to your funds — with less restrictions and penalties. It’s a radiant way to grow your savings and access your money when you need it.
Features
- Higher Paying Dividends*
- Flexible Term Options1
- Dividends Compounded & Credited Weekly
Details
- Available to 18+ years old
- Minimum opening balance $1,000
Money Investment Rates
Term | APY | Minimum Balance | Dividend Rate |
---|---|---|---|
Balance - $1,000 - $2,499 | 0.15% | $1,000 | 0.15% |
Balance - $2,500 - $9,999 | 0.20% | $1,000 | 0.20% |
Balance - $10,000 - $49,999 | 0.35% | $1,000 | 0.35% |
Balance - $50,000 - $99,999 | 0.35% | $1,000 | 0.35% |
Balance - $100,000+ | 0.40% | $1,000 | 0.40% |
* The minimum balance required to earn the stated Annual Percentage Yield is identified above. If you do not maintain the minimum balance, you will not earn the stated Annual Percentage Yield. For all accounts, dividends are calculated by using the Daily Balance method, which applies a periodic rate to the balance in the account each day.
1 For all Regular Share, Sunrise Kids Savings, Special Share, and Money Investment accounts, you may not make more than four (4) covered transactions per month. Covered transactions include your checks, transfers initiated through online banking or mobile banking, ACH transfers, merchant point of sale transactions, preauthorized or automatic transfers, and overdraft protection transfers. Transfers to pay a loan with us are not covered by this limit. The date we use to determine the number of transactions is the date a transaction is posted to (actually credited to or debited from) an account, rather than the date you initiate the transaction. If you exceed this limit, we may refuse or reverse the transaction, and we may impose a charge as specified in the listing of service charges provided below. If you repeatedly exceed this limit, we may terminate the account. For a Holiday Club account, the entire balance will be transferred to another account of yours on or after November 1 and the account will remain open. If any withdrawal is made from this account before the end of the club term, then the account will be assessed a $25 penalty.
Have a question about Sunbelt Money Investment accounts?
Click any FAQ below. Or visit our full FAQ page for all questions and answers.
The easiest way to add or remove a joint owner is to have them come into a local branch with you to speak to one of our Financial Services Representatives. They will also need to bring their current driver’s license or identification card. Please note that if you have additional co-owners on your account, all parties need to be present before another individual can be added or removed. If all parties can not be present at the same time, a Financial Services Representative will work with you to determine other available options.
The routing number for Sunbelt FCU is 265377633. There are two different numbers that work as your account number. If you need the number associated with your savings account, you will need your member number. This number is provided to you at account opening, normally written on a small card. If you are looking for your checking account number, you can find that information at the bottom of any of your checks. If you do not have access to either of these numbers, please visit your local branch to have a direct deposit form printed or contact our Account Services team at 601−649−7181 (option 2) during normal business hours.
A Roth IRA is an individual retirement account created by the Taxpayer Relief Act of 1997. Roth IRA accounts are traditionally used as retirement savings accounts. They allow limited contributions to be made throughout the tax year, and can be withdrawn after the account has been open for at least five years, provided you are aged 59 1⁄2 or older.
Anyone who works for a living can contribute to a Roth IRA account. The income must be derived from actual work efforts and compensation in the form of wages, tips, salaries, bonuses and professional fees.
There are limits on the amount of income one can make during a given year — and the limits change from year to year. Please visit the IRS website for details.
Yes, you can maintain both types of IRAs at the same time. You can even make contributions to both types of IRAs in the same year. Please note that your contributions to both Roth and traditional IRAs cannot exceed the maximum contribution limit for all IRAs.
Yes, you will earn interest on the funds that are on deposit at the credit union in your Roth IRA. Click here to view Roth IRA rates.
No. The amount you contribute to your 401(k) or other employer-sponsored plans will not be affected by your Roth IRA.
You can change your address by:
- Visiting your local branch and completing a change of address form.
- Logging into Cloud Banking and changing it under the “My Profile” tab.
- Faxing a written request to our Account Services Department at 601−649−7156. The request should include the old address, new address, your signature and the date.
- Contacting our Account Services department at 601−649−7181 (option 2) during normal business hours to request that a change of address form be mailed to you. Once we receive your completed form, we will update your address.
If any of your contact information changes, please let us know as soon as possible. This will help us contact you quickly in the event of suspected fraud, and prevent you from experiencing any fees or interruption in services due to returned mail.
Your money is insured by the National Credit Union Administration (NCUA), an independent agency of the United States Government. Your savings is federally insured up to $250,000 and backed by the full faith and credit of the United States Government.