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Build Your Financial Future Today

Smart saving and investing strategies for every stage of life

Your Path to Financial Success Starts Here

Building wealth doesn't require complicated strategies or large sums of money. With the right approach to saving and investing, you can achieve your financial goals and secure your future. Whether you're just starting your financial journey or looking to optimize your current strategy, these proven methods will help you make your money work harder for you. 

Smart financial habits begin with understanding the difference between saving and investing. Saving provides security and liquidity for short-term needs, while investing offers the potential for long-term growth. Both are essential components of a comprehensive financial plan that can help you weather unexpected expenses and build lasting wealth. 

Frequently Asked Questions

Get answers to common questions about saving and investing strategies.
Start by building an emergency fund with 3-6 months’ worth of expenses in a savings account. Once established, consider investing 10-20% of your income for long-term goals like retirement. The key is consistency - even small, regular contributions add up over time.
Money market accounts offer tiered interest rates (currently 0.20% to 1.25% APY at Sunmark) and may include check-writing privileges, while regular savings accounts provide easier access to funds with lower minimum balances.
Once you have an emergency fund covering 3-6 months of expenses, you can begin investing for long-term goals like retirement, home ownership, or education expenses through Sunmark's Wealth Management services.
A financial advisor will work with your to assess your goals, timeline, and comfort with risk to build a portfolio designed around your unique needs.
At Sunmark, you can start with as little as $500 for share certificates or $1.00 for IRA accounts. For full investment advisory services, minimums vary. The key is consistency rather than the initial amount.
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Ready to Build Your Financial Future?

Your financial goals are within reach. Our team of experts is here to help you develop a personalized saving and investing strategy that fits your lifestyle and objectives.
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Refreshing Choices for Your Savings

2/8/23

It can be confusing to decide where best to save your money. Sunmark offers many options to help you save for both rainy and sunny days ahead.

Discover Your Options

     

Certificate of Deposit (CD). This savings vehicle allows you to lock in a higher rate than a regular savings account. Choose from a variety of terms (months to years) and minimum balance options.

  • Minimum $500 deposit required to earn dividends
  • Offers a higher interest rate
  • Must keep money in the CD for entirety of the term

Money market account. Want to earn more than a regular savings account but have more flexibility than a CD? A money market account may be your savings choice. There is a minimum balance requirement and withdrawals are limited to six per month.

  • Earns higher interest rate than a regular savings account
  • Automatically earn more when interest rates rise
  • Larger minimum required to earn higher rate

Regular savings. Our tried-and-true savings account keeps your money secure while being liquid – you can withdraw funds quickly and conveniently when you need them.

  • $1.00 minimum balance requirement
  • Deposit or withdraw money at your convenience

Special events savings account. If you have a specific savings goal - such as a trip - a special events savings account can help you reach it. Save and forget it – until it’s time to withdraw for your special event.

  • $1.00 minimum balance requirement
  • Withdraw up to four times per year

No matter what you are saving for in life, Sunmark has the account that's right for you. Ready to get started? You can apply online at www.sunmark.org, call us at 866-SUNMARK, or visit any Sunmark financial center.

Account Access Is a Breeze
Monitor your savings and other accounts anytime with Online Banking or through our mobile app! View balances and statements, transfer funds, pay bills, and more.

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