Share Accounts from SunWest Federal Credit Union (Phoenix, AZ)

Share Accounts & Money Market

Share Accounts

Don’t let the name confuse you. We may use different terminology, but a credit union share account is basically the same as a savings account with a big bank.

What is the difference?

Our share account is the key to part ownership of SunWest as all members begin with this basic share account. Deposits in share accounts earn dividends, which is similar to earning interest in a bank account.

Of course, you aren’t limited to just one share account. A SunWest membership provides you with the freedom to open as many share accounts as you want and all are conveniently linked to your main share account with no minimum balance requirements. Saving for new furniture or special occasions has never been easier!

* Keeping a share account open with a minimum balance of $5.00 at all times is a requirement to being a member at SunWest. Withdrawals and certain transfers from share accounts are limited by a Federal Regulation to 6 withdrawals per month.

Money Market

As a local credit union, we’re committed to helping our members transform their dreams into reality. We’ve always believed in the power of a more rewarding savings account, and we think your money should work for you. Whether you’re saving for your dream vacation, a new car, a beautiful wedding, or just want to set something aside for a rainy day, a SunWest Money Market account is designed to help you achieve your goals.

What is a Money Market account?

A Money Market is a type of savings account that lets you get the most out of your money. It offers zero economic risk and a higher interest rate than the typical Share account.

What makes a Money Market account unique?

Not only does a Money Market generally offer a higher dividend rate, but it also requires that a $1,000 minimum balance be kept at all times in order to earn dividends*. Money Markets are also subject to withdrawal and transfer limitations as determined by the Federal Reserve.

What are the key features of a SunWest Money Market account?

Some of the key features include:

  • No monthly service fee
  • Competitive rates
  • Convenient access to your funds
  • Dividend rate will automatically adjust with your balance—if rates increase, you will receive the new higher rate*
  • Deposit money anytime and start earning dividends the same day it’s deposited*
  • Deposits are federally insured by the NCUA

Are you ready to take your savings to the next level? Open a Money Market account at any SunWest branch today.

*See account agreement and Fee Schedule for complete details.

Account Comparison Chart

 Account DetailsShare AccountMoney Market

Share Certificate


Saving Strategy 

Best for short-term

Best for mid-term

Best for long-term

Best for post-career

Ease of Access

Easiest Easy with planning Limited Limited


Lowest Medium High Highest long-term

Key Advantage

Includes part-ownership

Best return based on access level

Highest dividend with range of terms

Tax advantages, best for retirement

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