SUN Credit Union
SUN Credit Union has been a vibrant part of the South Florida Community since?
1946
True or False: Everyone gets the rewards in their Sail or Surf accounts no matter what.
False, only those qualifying
What are the rewards on the Sail Checking account?
5.00% up to $10,000; $20 ATM withdrawal fee refunds
What does FRAN stand for?
Free
Rewards
Ask to Qualify
No penalties
How can members know how they're tracking towards qualifying each cycle?
Online banking; mobile banking
The number of communities in which SUN Credit Union has a branch.
The # of POS transactions to post and settle to qualify
12
What are the rewards on the Surf Checking account?
5% on debit card purchases, up to $10 cash back each month; $20 ATM withdrawal fee refunds
What should you do when you get an objection?
Ask why. Get to the root cause of the concern before offering a rebuttal.
These two products are the primary drivers for deposits
Sail Checking and Shore Savings
What is SUN Credit Union's routing number
267078707
We ask you to... Not you need to, have to, requirements, stipulations, etc.
What are the rewards on the Shore Savings account?
2.00% up to $100,000
Reasons why Shore Savings should be added to every Sail or Surf checking account?
- Higher avg. balances
- More POS
- Deeper product penetration
- Stays on avg. 2-years longer
On average which account has more debit card usage?
Surf Checking
SUN Credit Union has earned a 5-star financial performance rating from BauerFinancial for over how many consecutive quarters?
40
This creates stickiness
ACH/DD
Even when your member doesn't qualify what two accounts still earn something?
Surf Checking and Shore Savings; 0.05% APY
Why is this program a Win-Win
Rewards consumers
Makes or saves the bank money
- higher avg. balance
- younger
- more POS and eStatement adoption
- stickier
- deeper product penetration
-longer life-span
What happens if I don't qualify?
It's still a free account and you can try again next month, plus in Sail Checking and Shore Savings you get 0.05% on your balance
What are SUN Credit Union's Values
Quality SERVICE, Strength through UNITY, and A trusted NEIGHBOR
How do you qualify in Shore Savings?
Qualify in your attached Sail or Surf Checking accounts
What is the purpose of Sail and Surf Checking accounts sweeping into the Shore Savings account?
Encourages your members to save
How much in deposits have community institutions lost to Fintech banks in the last five years?
$3 Trillion
This is the average daily balance that determines whether Sail or Surf Checking is better for the member.
$2,400