FALL 2022
IN THIS ISSUE:
Get Insight Into Your Finances
Get Insight into Your Finances Healthcare and Medicare Open Enrollment Grow Your Savings with a Great Rate Enjoy Low Rates with an Adjustable-Rate Mortgage (ARM) October is Cybersecurity Awareness Month Planning For Ups and Downs with Suncoast Investment Services Make Your Voice Heard this Election Season Shining Customer Experience at Suncoast The Holidays are Almost Here Connect With Us Your savings are federally insured up to at least $250,000 and backed by the full faith and credit of the United States Government National Credit Union Administration. Equal Housing Opportunity.
Learning about your spending habits and seeing a full picture of your finances has never been easier! Suncoast has launched a new digital banking feature that offers a personalized look at how you use your money. Your insights are tailored to your financial experience. Get a personalized glimpse into your spending habits, like seeing your debt vs. your income or your monthly deposit aggregate. You can even help customize what information you’re interested in by using the thumbs up and thumbs down icons to narrow down the insights that are most helpful to you.
This new feature is easy to access from any device and is available on both SunNet Online Banking and the SunMobile app. Once logged into SunNet or SunMobile, go to the side menu and click “My Insights.” Every time you log in, you’ll have different insights to learn from. We’ve also added a convenient notification feature for SunMobile users to let you know when new insights are available.
READY TO START EXPLORING? Log in to SunNet or SunMobile to experience this new feature that offers a personalized look at how you use your money.*
* This feature is only available to members with a checking and/or money market account.
Grow Your Savings With a Great Rate Suncoast can help you grow your savings. Whether you’re looking for short-term savings or long-term gains, we have options to meet your needs. Suncoast is currently offering great rates on share certificates. Rates on share certificates will likely continue to rise in this current economic climate, so check to see what the best rate available is at www.suncoastcreditunion.com/savings when you’re ready to start making more off your savings! We also have jumbo certificates for big returns when saving larger sums of money. Aside from higher returns, benefits include: • • • • •
No account opening fees No maintenance fees Federally insured by the NCUA Higher returns without the risk Term options to fit your needs
Apply online in minutes by using our Open and Apply feature once logged in to SunNet Online Banking or the SunMobile app!
Healthcare and Medicare OPEN ENROLLMENT Now is the perfect time to explore the plans available to suit your personal needs. Medicare open enrollment is from October 15 through December 7, 2022. You likely meet Medicare eligibility requirements if you:
• Are age 65 & up • Receive Social Security or Railroad Retirement Board benefits • Have been diagnosed with end-stage renal disease (ESRD) or amyotrophic lateral sclerosis (ALS) If you’re 64 years old or under, healthcare open enrollment is from November 1 through December 15, 2022. Find a plan that fits your needs and budget from a broad range of premiums, deductibles, and levels of coverage.
Visit suncoastcreditunion.com to learn more.
Enjoy Low Rates with an Adjustable-Rate Mortgage (ARM) Our adjustable-rate mortgage (ARM) options are already designed to help you save money with low interest rates. Adjustable-rate mortgages can be a good choice for first-time homebuyers or experienced buyers who want the benefit of a lower initial interest rate. Whether you choose our 3/3 Right Time ARM or an adjustable-rate Community Heroes mortgage, we will also pay up to $3,000 toward your qualifying closing costs* when you purchase your primary residence with these programs. To learn more and apply, visit https://www.suncoastcreditunion.com/mortgages or call the Mortgage Call Center at 800-999-5887 extension 87008 (English) or 86309 (Spanish). *Suncoast will contribute up to $3,000 (Closing Costs Benefit) toward your closing costs when you select our ARM product for the purchase or refinance of your primary residence. Suncoast will not pay closing costs for discount points to obtain a lower rate or monies necessary to establish escrow accounts (taxes and insurance). If the mortgage is paid in full during the first 24 monthly payments of the loan, borrowers will be required to repay the Closing Costs Benefit to Suncoast for the amount reflected as “Lenders Credits” on the Closing Disclosure. The 24 month term begins with the first payment due date of the loan. All Sellers paid closing costs will be credited prior to any credits for the Closing Cost Benefit to be provided by Suncoast. Not to be combined with any other offers.
OCTOBER IS AWARENESS MONTH
Cybersecurity Awareness Month aims to help every American get the resources they need to stay safer and more secure online. According to the Federal Trade Commission, consumers lost more than $5.8 billion to fraud in 2021, an increase of more than 70% from the previous year.
Planning For Ups and Downs with Suncoast Investment Services Suncoast Investment Services can help you sort through complexity of the current market and establish a clear path towards your financial goals. When you work with a skilled wealth professional, you have access to planning tools that show how your portfolio might react to various market scenarios. Together, you and your financial professional can decide how to invest and manage assets that work towards your financial goals. Take the next step at invest.suncoastcreditunion.com.
Imposter scams were the most common type of fraud reported. These scammers pretend to be someone you trust in an effort to steal your money.
Keep your eyes peeled for imposters pretending to be from Suncoast. A great way to stay safe from scams is by learning how to spot malicious links and fake websites. Don’t click on links from unexpected text messages and only log in through our actual website at suncoastcreditunion.com or through the SunMobile app. Visit the Safety & Protection section of suncoastcreditunion.com/blog for more ways to keep yourself protected!
THESE ARE FAKE MESSAGES! DO NOT CLICK THE LINKS!
THIS IS A FAKE VERSION OF OUR MOBILE LOGIN PAGE.
HOW DO WE KNOW?
IT’S THE WRONG WEBSITE URL.
*Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Suncoast Credit Union and Suncoast Investment Services are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Suncoast Investment Services, and may also be employees of Suncoast Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Suncoast Credit Union or Suncoast Investment Services. Securities and insurance offered through LPL or its affiliates are: Not Insured by NCUA or Any Other Government Agency
suncoastuser.online
Not Credit Union Guaranteed Not Credit Union Deposits or Obligations May Lose Value
It’s your chance to make your voice heard! Election Day is November 8th so if you’re registered to vote, hit the polls to exercise your right! As a credit union, we’re invested in the outcome of the Credit Card Competition Act. This proposal would enact new credit routing mandates that would give retailers —not consumers— the power to decide which credit card network is used. This would increase the bottom line of mega retailers at the expense of consumers, small businesses, and small community financial institutions like credit unions. Our organization cares about our members and supporting small businesses, plus we’re concerned this act will defund systems designed to provide security against fraud and invasions of privacy. If you feel the same, we urge you to vote against the Credit Card Competition Act. To learn more and to conveniently contact your local lawmakers, visit https://creditunionsvote.com
The Holidays are Almost Here No matter what you celebrate, we hope your holidays are full of family, friends and plenty of quality time. If you’re getting your holiday budget together, head to the Budget & Save section of suncoastcreditunion.com/blog for helpful budgeting tips! Keep in mind that our branches will be closed in observance of federal holidays on the following dates:
Columbus Day: Monday, October 10 Veterans Day: Friday, November 11 Thanksgiving Day: Thursday, November 24 Christmas Day (Observed): Monday, December 26
CONNECT WITH US
@suncoastcreditunion @suncoastcreditunion @suncoastcu
Follow us online for stories about our members and employees! We’ll be celebrating our annual Pay It Forward Day in October, so keep an eye on our social channels to see all the amazing ways our employees give back. We can’t wait to share a little sunshine with you!
Stay connected with your Suncoast accounts with our digital banking options.
Log in to SunNet Online Banking at suncoastcreditunion.com
@suncoastcreditunion @suncoastcu
Download the SunMobile app
COME SEE US IN THE COMMUNITY AT THESE SUNCOAST-SPONSORED EVENTS:
https://www.suncoastcreditunion.com/community https://www.suncoastcreditunion.com/ community