Sunrise Banks CD Review

Sunrise Banks CD is offered by Sunrise Banks, a bank founded in 1962 and based in Saint Paul, MN. Sunrise Banks CD is available in 1 state across the USA.

Are cd accounts from Sunrise Banks federally insured?

Yes, your Sunrise Banks cd accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What types of CDs does Sunrise Banks offer?

• Traditional

What APY does Sunrise Banks offer on its CDs?

Sunrise Banks CD offers an APY of 1.26% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only checking accounts, which is around 1% APY.

What is the minimum deposit to open a CD account with Sunrise Banks?

Sunrise Banks CD requires a minimum initial deposit of $500 to open an account.

What types of early withdrawal penalties does Sunrise Banks CD charge?

Financial institutions don't typically charge many fees on certificate of deposit accounts. However, some do charge a fee if you chooose to withdrawal your money before the CD term ends.

Sunrise Banks does not charge an early withdrawal fee.

Sunrise Banks does not seem to charge any of the fees we track.