SunTrust Bank has emerged as a premier financial institution in recent years. The company offers a multitude of banking services besides the regular checking and savings accounts. SunTrust Bank CD rates are a major factor behind the rising popularity of its CD offers.

CD rates at SunTrust are available in two basic denominations. One is the standard CD investment option where customers can invest their money in CDs with up to five year terms. They can also opt for the special and IRA CDs that offer both standard rates and also offer some special rates under different plans and packages.

SunTrust CD rates for the standard investments are as follows. A 10-month CD currently returns an APY of 0.80% with a minimum deposit of $2,000. A 25-month CD returns an APY of 1.60% whereas a 32-month CD offers up to 2.00% in APY. A 59-month CD, both standard and IRA, offers an APY of 3.00%.

Special offers are available for 26-month CD investment option where customers can yield as high as 3.00% APY; this offer is also applicable on 49-month CD. A No Penalty CD is also available for a term of 10 months but its APY is lower at 0.50%. Penalties are applied on other CDs in case of user violation. The bank also offers other interest rates and special offers on its website. Many of these offers are valid for only a short period of time while some of them may last longer.

SunTrust mortgage loan modification has created a home retention team that is assisting customers in keeping their homes. The home retention team works under both the company based assistance plans and is also using the “Home Affordable Program” of the federal government.

The only prerequisite for SunTrust mortgage help is that the customers should be current in their payment plans with no delinquencies. People that can qualify for mortgage include those that faced emergencies and deaths in their family, pregnant women or those with infant kids, unemployed people with thinning financial resources, old and retired clients and military service members.

Special forbearance payment plan maybe enacted in case of customers facing a short-term financial hardship. Short sale of property is also allowed if customers sell their homes and other properties at a price lower than the market average; SunTrust will forgo the remaining balance of payments. Short financing of debts is also possible under the plan.

The program helps customers in a number of ways. The procedure of seeking help is simple as customers just need to contact the bank. A company representative will meet with the customers and will ascertain their financial position.

Suntrust mortgage rates differ depending on the type of mortgage you are looking at.  Suntrust banking offers fixed rate mortgages, adjustable rate mortgages, flexible mortgages and jumbo mortgages.  Depending on you payment needs and risk aversion, you will be able to find a Suntrust mortgage right for you.

Suntrust fixed rate mortgages – A Fixed rate mortgage is good for anyone who doesn’t want to have to worry about interest rates rising.  With a fixed interest rate, you will be able to lock in that home loan interest rate for the entire term of your home loan.  If you feel that mortgage rates are going to go down, however, Suntrust fixed rate mortgages might not be the choice for you.  You can check out Suntrust mortgage rates for fixed mortgages at the suntrustmortgage.com.

Suntrust adjustable rate mortgages – Adjustable rate mortgages are great for people who believe that mortgage rates will decrease or they will not be staying in their house for a long time.  With a Suntrust adjustable rate mortgage you can get a lower suntrust mortgage rate.  However, you have to realize that the Suntrust mortgage rates can go up.

Suntrust Banking is one of the largest banks in the United States.  Suntrust online banking is based out of Atlanta Georgia with Suntrust locations in 1,699 retail branches and 2,506 ATMs in Alabama, Arkansas, Florida, Georgia, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia, and Washington, D.C.  Suntrust online banking provides savings services by offering Suntrust savings account and Suntrust CDs.  Additionally, Suntrust banking provides credit services by offering a Suntrust mortgage, Suntrust construction loan and Suntrust education loans.

If you are looking for information about Suntrust banking or more general information regarding savings accounts, certificates of deposits, home loans, equity lines of credit, please bookmark Internet Banking 411.  In addition to covering Suntrust accounts, we will also cover ING Direct online banking accounts, Emigrant Direct, Wachovia savings accounts and many more Internet banking options when we discover great deals.  If you have any questions about Suntrust, please leave a comment in any article.  We here at Internet banking 411 will try to answer your questions as best as we can.