Market Index Certificate

 

Capitol View Credit Union's Market Index Certificate is a great way to diversify your savings nest egg. It gives you the safety of a traditional certificate and the potentially higher returns of a stock market investment. It's an insured credit union certificate that pays dividends based on the change in the Standard and Poor's 500 Composite Stock Price Index (S&P 500).

Here's how it works: If the S&P 500 goes up, you earn a percentage of the increase. If it goes down, you won't earn dividends, but you won't lose a penny of your original deposit. You share in the gains of the stock market without risking losses. Market Index Certificates are available in 1,2,4 and 7 year terms and there is a $2500 minimum deposit required. Call us at 1-800-383-3595 or (515)281-3595 in the Des Moines Metro to find out more about the Market Index Certificate.