Last Updated: 04/18/2025
Sunbelt FCU Traditional/Roth IRA
Unaffiliated
Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
0.75%(Verified 06/21/2024)
Minimum Opening Deposit
$0
Minimum Balance to Earn APY
$0
Sunbelt FCU Traditional/Roth IRA Review
Sunbelt FCU Traditional/Roth IRA is offered by Sunbelt Federal Credit Union, a credit union founded in 1953 and based in Hattiesburg, MS. Sunbelt FCU Traditional/Roth IRA are available in 50 states and Washington, DC.
Key Takeaways
- Higher than average APY. Sunbelt FCU Traditional/Roth IRA has an annual percentage yield of up to 0.75%, which is higher than the average interest rate for savings accounts.
- Charges a monthly fee. This account charges a monthly fee of $0.833.
- No minimum initial deposit. There is no minimum balance required to open an account online.
Sunbelt FCU Traditional/Roth IRA Pros & Cons
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Sunbelt FCU Traditional/Roth IRA FAQ
Are savings accounts from Sunbelt Federal Credit Union federally insured?
Yes, your savings accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.
Does Sunbelt Federal Credit Union offer a signup bonus?
Sunbelt FCU Traditional/Roth IRA doesn't offer a signup bonus.
What is the minimum initial deposit for Sunbelt FCU Traditional/Roth IRA?
There is no minimum deposit to open a Sunbelt FCU Traditional/Roth IRA.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Average Balance to Avoid Monthly Service Fee | $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Balance to Earn APY | $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Opening Deposit | $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What APY does Sunbelt FCU Traditional/Roth IRA offer?
Sunbelt FCU Traditional/Roth IRA offers an APY of 0.75% (APY stands for annual percentage yield, rates may change).
The interest rate on a savings account or checking account can change based, in part, on what the Federal Reserve does. Note that the APY of a savings account is the amount of interest you will earn if you keep your money in the account for a full year expressed as a percentage. The difference between an APY and an interest rate is that the APY takes into account how often your money earns interest (or compounds). The more often your money compounds, the more it will earn. Savings accounts with an interest rate that compounds daily, for example, will earn a higher return (and therefore a higher APY) than savings accounts that compound annually. What fees does Sunbelt FCU Traditional/Roth IRA charge?
This account charges a monthly service fee of $0.833.
- Outgoing domestic bank transfers come with a $20.00 fee.
- Incoming domestic bank transfers come with a $10.00 fee.
- An overdraft on your account will trigger a $30.00 fee per item.
- Sunbelt FCU Traditional/Roth IRA charges $5.00 every time you request a paper statement.
Does Sunbelt FCU Traditional/Roth IRA charge overdraft fees?
Yes, Sunbelt FCU Traditional/Roth IRA charges a $30.00 overdraft fee. Sunbelt FCU Traditional/Roth IRA offers overdraft protection at a cost of $5.00 per transaction. This overdraft protection fee is charged every time the bank arranges a transfer from another one of your accounts, typically a savings account, to cover the overdraft.
What features and perks does Sunbelt FCU Traditional/Roth IRA offer?
This savings account includes the following features:
- Mobile Banking Services - Sunbelt FCU Traditional/Roth IRA allows you to manage your money online or with a mobile app.
- Nationwide ATM network - Conveniently transact at a nearby ATM.
Can you set up a direct deposit to Sunbelt FCU Traditional/Roth IRA?
Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.
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Hours of Operation
Sunday
Closed
Monday
8:30AM - 5:00PM
Tuesday
8:30AM - 5:00PM
Wednesday
8:30AM - 1:00PM
Thursday
8:30AM - 5:00PM
Friday
8:30AM - 5:00PM
Saturday
Closed