DENVER – SunCorp said that its term certificate portfolio has reached $1 billion. At the end of last year, its portfolio totaled $885 million. SunCorp offers multiple certificates with maturities ranging from one month to five years, including bullet certificates, fixed callables, step-ups, and amortizing certificates. "SunCorp certificates are flexible with regard to issued amounts and maturities. They are purchased at par, are not subject to FAS 115 accounting treatment, there are no safekeeping or associated wire fees, and there are not any proscribed limits from NCUA," said James Drewett, SunCorp Investment Specialist.
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