WXPort

The Index Powered CD

Last year my mutual fund investments lost 20% of their principal value and I paid approximately 3% in fees. While I hope you did better, most will able to identify with my situation.

THE BANK is proud to offer an investment that has a 100% principal guaranty combined with the opportunity to have the Stock Market rate of return. Sound interesting? Please read on.

With THE BANK Index Powered CD, you have all of the advantages of a Certificate of Deposit with the opportunity of a better return. Consider the following:

  • FDIC Insurance - Up to $100,000
  • Return of Principal - 100% at maturity
  • Fees - None
  • Annual Pre-pay Option/Immediate Death Option
  • Term - 5 years
  • Rate of Interest - determined and paid at maturity based on 90% of the increase in the S&P Index over the 5-year term. (Average of the last 12 quarters)
  • Guaranteed Rate of Interest - None

With all of these benefits, how is a rate of return determined? This is done by using the Standard & Poor's Index average. The Standard & Poor's Index is a capitalization-weighted index of 500 stocks. The index is designed to measure performance of the broad domestic economy through change in the aggregate market value of 500 stocks representing all major industries. The ten year average from December 1990 to December 2000 was 8.64%, a very respectable return considering the guaranteed return of principal at maturity.

Most of us are not that well educated in investing. We really don't know when to buy, when to sell, what to buy or what to sell. The Index Powered CD offered by THE BANK handles all of these questions, and you have the guarantee of never loosing any of your principal, but the possibility of equity returns.

This investment certificate is perfect for Individual Retirement Accounts, including rollover, 401K, SEP, educational savers, and gifts to heirs. Now is the time.

We are very excited about being able to provide you with an investment that provides all of the positive things you want as an investor. Call or e-mail us today for more information on how we can make this great investment vehicle work for you.
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