Business Term Certificates

A clearer way to grow business reserves

Predictable earnings on planned reserves

Business term certificates help you earn more on funds you can set aside for a planned period.

Terms that fit your timeline

Choose short or longer terms based on when your business expects to use the funds.

Funds for what’s next

Keep designated business funds in a separate account with a defined maturity date, so they stay earmarked for what is next.

Support from local business banking

Our team can help you choose the right mix of liquidity and term-based reserves.

Rate and term options

Choose the option that fits your business reserve strategy. Use standard term certificates for planned timelines, or explore FLEX and promotional options when available.

Business FLEX Account Rates

Sunward’s 16-month Business FLEX Account is designed for businesses that want a fixed term with some access to funds. A promotional rate is available for a limited time, with the account then continuing as a standard 16-month Business FLEX Account.

Promotional Minimum Deposit: $100,000
Standard Minimum Deposit: $500

Term	Balance	Dividend Rate	APY¹
16 months	$500 - $99,999.99	3.45% DR	3.50%
16 months	$100,000 and over	3.93% DR	4.00%*

¹APY = Annual Percentage Yield, DR = Dividend Rate. APY and guaranteed return assume dividends remain on deposit for the full 16-month term. Minimum $500 deposit required. Withdrawals exceeding 50% of the balance in a calendar month may be subject to an early withdrawal penalty. Dividend rate and APY may change at the discretion of the Board of Directors.
*The 4.00% APY is a promotional rate available for a limited time and applies to new Flex Term Certificates with balances of $100,000 or more.

At maturity, the promotional 16-month Business FLEX Account renews into the standard 16-month Business FLEX Account at the prevailing rate.

13 Month Promotional Certificate

A limited-time term option while the promotional rate is available.
Minimum Balance $500

Term	Minimum Balance $500
13 months	3.69% DR 3.75% APY¹

¹APY = Annual Percentage Yield, DR = Dividend Rate. APY if dividends are not withdrawn during the term. Share accounts are federally insured to at least $250,000 by the National Credit Union Administration (NCUA), an agency of the US Government. Yields determined at the time of investment. Dividend Rate and APY may change at the discretion of the Board of Directors. A penalty may be imposed for early withdrawal.

Standard Business Term Certificates

For reserve funds you can lock for a defined term. Best when timing is known and you want a fixed return.
Minimum Balance $500

Term	Minimum Balance $500
3 months	3.06% DR 3.10% APY¹
6 months	3.59% DR 3.65% APY¹
12 months	3.49% DR 3.55% APY¹
24 months	3.49% DR 3.55% APY¹
36 months	3.45% DR 3.50% APY¹
48 months	3.45% DR 3.50% APY¹
60 months	3.40% DR 3.45% APY¹

¹Annual Percentage Yield (APY) if dividends are not withdrawn during the term. Share accounts are federally insured to at least $250,000 by the National Credit Union Administration (NCUA), an agency of the US Government. Yields determined at the time of investment. Dividend Rate and APY may change at the discretion of the Board of Directors. A penalty may be imposed for early withdrawal. Standard Term Certificates are available to personal and business members.

Rates Effective as of:

Your path to business term certificates

Schedule an Appointment

Meet with Sunward staff to discuss your reserve goals and choose the right term option.

Become a business member

If you are not already eligible, we will help you determine the best path to business membership.

Exchange documents

We will confirm the documents needed and help you exchange everything required to open the account.

Open in branch

Your business term certificate is typically opened in the branch most convenient for you.

Click here to view the documents required to open a business account

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Documents Required	Sole Proprietorship	LLC	Corporation (S, C, and Non-Profit)	General Partnership	LP, LLP, LLLP	Club Account	Public Funds Account (NM entities only)
ID information for all signers	X	X	X	X	X	X	X
Tax ID EIN letter or a tax return from the last 2 tax years - must show as filed	EIN/SSN	EIN/SSN	EIN	EIN	EIN	EIN/SSN	EIN
Articles of Organization Must be a stamped copy or the online certification shown as filed by the state		X
Articles of Incorporation Must be a stamped copy or the online certification shown as filed by the state			X
Business License Must show the DBA name and business owner's name or business name or Business License and State-issued Taxation and Revenue Department Registration Certificate if the Business License does not display the owner’s name or business name	X	X (only if using trade name/DBA)	X (only if using trade name/DBA)	X (only if using trade name/DBA)	X (only if using trade name/DBA)
Foreign Registration Required if business is registered outside NM, CA, CO, AZ, TX, UT, NV and is doing business in one of these states		X	X	X	X
Operating Agreement or Alternative Document (signed letter/meeting minutes) specifying who is authorized to establish membership		X
By-Laws or Alternative Document (signed letter/meeting minutes) specifying who is authorized to establish membership			X
Partnership Agreement or Articles of Partnership or Alternative Document (signed letter/meeting minutes) specifying who is authorized to establish membership				X	X
Meeting Minutes specifying who is authorized to establish membership						X
Letter of Instruction specifying who is authorized to establish membership (must be signed by an official)							X
Letter from Sponsoring Organization if using sponsor's EIN						X