May 3, 2013
/PRNewswire/ -- To give customers the opportunity to enjoy life a little bit more, Sun National Bank has introduced a "Suntaneous" rewards program for checking account customers.
While consumers are hopeful that the economy will continue to improve, research shows that they are still watching expenses and living on a tight budget. Concerns about money and job security weigh heavy on the minds of many Americans, who want a return to normalcy after years of uncertainty and scrimping on their lifestyle spending.
With its "Suntaneous" promotion, Sun National Bank gives customers who have been "doing without" an opportunity to do something fun, for free. Customers who open a Sun Boomerang or Classic checking account and activate specific services will receive selected gift cards for movies, restaurants, travel and more. In the first phase of the promotion, which ends
, qualifying customer who activate a new check card will receive two movie tickets, good at hundreds of theater locations, plus
concession cash for movie snacks; those customers who activate direct deposit will receive a
Darden Restaurants gift card, good at Red Lobster
, Olive Garden
, LongHorn Steakhouse
, Bahama Breeze®, Seasons 52
or any other Darden Restaurant in
the United States
"Giving our customers a chance to be 'Suntaneous' is really us giving them a getaway from the everyday – to have a night out, an adventure, a fun escape from the routine," said
Thomas X. Geisel
Sun National Bank President
and CEO. "While helping our customers every day plan for their financial future, we also want them to have the opportunity to live in the moment and take time out to enjoy life."
The movie and restaurant offer is just the first of multiple promotional offers that Sun will have through the rest of the year. Offer applies to new accounts only, with a minimum opening deposit of
. For complete details, visit
, which also provides links to theaters, show times, movie trailers and reviews and restaurant locations. Information is also available at
, any Sun National Bank branch or 1-800-SUN-9066.
Be Suntaneous at Home with a Home Equity Offer
Homeowners looking to tap into the equity in their home for improvement projects, debt consolidation, vacation expenses, college tuition or other financial needs can also be "Suntaneous." For a limited time, qualified borrowers can get a low introductory rate of 0.99% APR* when drawing on just
on a new home equity line of credit of
or more, with no application fee or points**.
Sun Bancorp, Inc. (Nasdaq: SNBC) is a
asset bank holding company headquartered in
Vineland, New Jersey
, with its executive offices located in
Mt. Laurel, New Jersey
. Its primary subsidiary is Sun National Bank, a full service commercial bank serving customers through more than 60 locations in
. Sun National Bank was named one of Forbes Magazine's "Most Trustworthy Companies" for five consecutive years. The Bank is an Equal Housing Lender and its deposits are insured up to the legal maximum by the Federal Deposit Insurance Corporation (FDIC). For more information about Sun National Bank and Sun Bancorp, Inc., visit
*Offer applies to New Accounts only. Minimum to open is $100 in new money. New money means funds not currently on deposit at Sun National Bank. A 1099 Misc. form may be issued for tax purposes for gift incentives and cash back offers. Ask for details. New Boomerang or Classic Checking account along with new Visa Check Card must be opened between 4/22/13 and 5/31/13. New Visa Check Card must be activated by 6/30/13 in order to be eligible for the Movie Tickets/Concessions voucher set. † Recurring third-party Direct Deposit of payroll, social security or pension funds must be established by 7/19/13 to be eligible for the $75 Darden Restaurants gift certificate. Transfer of funds from an existing Sun National Bank account and other types of ACH transfers do not qualify as direct deposit. For qualifying customers, movie ticket/concession vouchers and/or Darden Restaurants gift card will be mailed by or about 8/15/13. Account must be in "good standing" as of start the fulfillment process beginning 7/20/13 in order to qualify for gift incentives. Decisions regarding eligibility for gift incentives are at the bank's sole discretion and are final. Limit one restaurant gift card and/or one set of movie ticket/concession vouchers per customer per household regardless of number of new accounts opened or services activated within the promotional timeline. On accounts held by joint account holders, maximum of one Darden Restaurants gift card and/or movie ticket/concession voucher set will be awarded to the qualified primary accountholder for the opening of the account. (Please note: Gift incentives apply to activation/usage of new services only on a new Boomerang or Classic Checking account. Visa Check Card activation or Direct Deposit Service arrangements previously assigned to another Sun National Bank account and transitioned to a new Boomerang or Classic Checking account are not eligible for named gift incentives.) Gift incentives are offered for a limited-time only, while supplies last. Bank reserves the right to substitute gift incentives with comparable items of equal value. Offer can be modified or withdrawn at any time without prior notice. Darden ® Restaurants, Inc. owns (Red Lobster ®, Olive Garden ®, LongHorn Steakhouse ®, Bahama Breeze ® and Seasons 52 ®) and is not affiliated with Sun National Bank. Darden is not a sponsor or co-sponsor of this promotion.
**Offer applies to owner-occupied primary residence properties only. Maximum 80%LTV. Principal &Interest payments only. Advertised Introductory rate of 0.99% APR (Annual Percentage Rate) applies to new lines of credit with a minimum line amount of $10,000 and an automatic deduction of payment from a Sun National Bank checking account. An initial $10,000 advance is required at closing. Introductory rate of 0.99% is for the first 5 monthly billing cycles after the closing date. After the expiration of the 5 monthly billing cycles, the go-to rate will be based on The Wall Street Journal Prime Rate (Prime), currently 3.25% APR as of 3/31/13, plus .50%, subject to a 3.75% minimum floor APR. Other rates and offers may be available. Offer subject to approval requirements. APR may increase if Sun Checking account is closed and automatic payment debit is discontinued. $50 annual fee will be assessed. $250 early termination fee assessed if account is closed within 2 years. The Maximum APR is 18%. The offer and disclosed rates are effective as of 3/31/13 and may change without notice. Flood Insurance may be required. Property Insurance is required. Property must be located in the Sun National Bank service area. Rates, terms and conditions can be modified or withdrawn at any time without prior notice.
SOURCE Sun National Bank