Earn 10% APY¹
up to the first $1,000

¹APY = Annual Percentage Yield. Dividends are based on the account's average daily balance. Only one checking account per member is eligible for the 10% APY promotional rate.

²10.00% APY Checking Account Promotion Terms & Conditions

Promotion Details

Earn a promotional 10.00% APY on the first $1,000 on deposit in an eligible Quick Cash Checking, Money Manager Checking, or Simple Spend Checking account. The first $1,000 eligible for the promotional APY must be maintained in a single qualifying checking account and may not be combined across multiple checking accounts. The promotional APY is available for up to 12 months beginning on the Qualification Start Date described below, provided the Eligibility and ongoing qualification requirements are met. Balances also earn the standard dividend rate applicable to the account, if any.

Limited to one promotional enrollment per primary member's Social Security number on eligible checking accounts for members age 16 or older. Business, trust and other special account types are excluded.

The promotional 10.00% APY is automatically applied during the first 90 days beginning on the Qualification Start Date. To continue earning the promotional APY after the initial 90-day promotional period, you must:

• Establish a qualifying direct deposit within the first 60 days following the Qualification Start Date, as described below; and
• Complete at least 10 qualifying transactions between Day 60 and Day 90 following the Qualification Start Date, as described below.

If either requirement is not met, you are no longer eligible to earn the promotional APY after the 90-day promotional period.

If both requirements are met, you will continue earning the promotional APY. Sunward will review your account every 30 days and during this time you must:

• Maintain a qualifying direct deposit; and
• Complete at least 10 qualifying transactions.

Members who do not meet both ongoing qualification requirements during a 30-day evaluation period may requalify during a future evaluation period by satisfying both requirements.

A qualifying direct deposit is a recurring ACH credit from an external source, such as payroll, Social Security, government benefits, or pension payments, established to the member’s primary Sunward account. No minimum amount is required. Internal transfers from Sunward and transfers from peer-to-peer payment services, including but not limited to Venmo, PayPal, Cash App, Zelle, Apple Cash, Google Pay, Samsung Pay Cash, Meta Pay, Square, Xoom, and Acorns do not qualify.

Qualifying transactions include debit card purchases, point-of-sale transactions, ACH transactions, online banking transfers, loan payments, and bill payments. ATM transactions, cash deposits or withdrawals, and returned items do not qualify.

After the 12-month promotional period ends, or if the account is closed before the promotional period ends, the account will earn the standard dividend rate applicable to the account, if any.

Eligibility

The following scenarios are eligible under this promotion:

• Member opening a new checking account

Must open a new Quick Cash Checking, Money Manager Checking or Simple Spend Checking account on or after August 19, 2026, and not have an active Sunward checking account at the time the account is opened.

• Member who recently opened a new checking account

Must have opened a new Quick Cash Checking, Money Manager Checking, or Simple Spend Checking account within a 90-day period before August 19, 2026, and not have had an active Sunward checking account at the time the account was opened.

• Member establishing a new qualifying direct deposit

Must have an existing Quick Cash Checking, Money Manager Checking or Simple Spend Checking account and must establish a qualifying direct deposit to the primary account and not have received a qualifying direct deposit to that account within a 180-day lookback period. Adding a new deposit source to an account with an existing active direct deposit relationship does not qualify.

Qualification Start Date

The Qualification Start Date is determined by the applicable Eligibility scenario above as follows:

• The account opening date for members opening a new checking account on or after August 19, 2026.
• August 19, 2026, for members who opened a new checking account within the 90-day period before August 19, 2026, or who are establishing a new qualifying direct deposit.

Additional Terms

Accounts must remain in good standing. An account is not in good standing when the member causes Sunward a loss in any way or otherwise fails to meet their obligations to Sunward. Accounts no longer in good standing or associated with a deceased member will stop earning the promotional APY. Dividends earned under this promotion may be reported as taxable income as required by applicable law. Members who believe they did not receive a promotional dividend for which they qualified should contact Sunward at 505.293.0500, send a secure message or visit a branch. Sunward reserves the right to modify or discontinue this promotion for future enrollments at any time as permitted by law. All eligibility decisions are at Sunward’s sole discretion. This offer may not be combined with another promotional offer unless otherwise stated.

³APY = Annual Percentage Yield. Subject to change. See our Rates Page for current terms.

Other fees may apply. See Schedule of Fees for details. Membership eligibility required.