4.02% Money Market Account Guaranteed until Jan 2010 at Sun Security Bank in Missouri


Sun Security Bank is advertising a money market account promotion in which they're guaranteeing a yield of 4.02% APY until January 1, 2010. The minimum balance to earn this yield is $50,000. Rates good only at St. Peters and Lake St. Louis locations. This special doesn't seem to be listed at the bank's bank's website. It was advertised in last Wednesday's St. Louis Post-Dispatch. The ad is available online here.

The addresses and the phone numbers of the St. Peters and Lake St. Louis branches are available at the bank's contact page. The bank has several other branches throughout Missouri.

The bank has weak financial ratings for soundness: 0 star (lowest) at BauerFinancial and 1 star (lowest) at Bankrate.com. Both ratings are based on 6/30/08 data. Sun Security Bank has been FDIC insured since 1970 (FDIC Certificate # 20115).