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CD l MIC l IRA l

Market Index Certificate (MIC)
The S & P 500* on the date of maturity will be compared to the S & P 500 on the date of purchase. If the S & P 500 is higher on the date of maturity (expiration), you will earn a percentage of the increase called a Participation Percentage. If the S & P 500 is the same or lower on the date of maturity, you earn no dividends. But, you won't lose your initial deposit. Your principle is always returned to you no matter what. Available at United Financial for IRA and regular investments.

 

 

 

 

 

 

 

 

Note.
*S & P 500 denotes the Standard & Poor's 500 Composite Stock Price Index which is an independent measure of 500 different stocks. It is not dependent upon any person or organization for management. The S & P 500 is considered a representative indicator of overall stock market performance.

    
 
      Your Savings Federally insured to at least $100,000 and backed by the full faith and credit of the U.S. Government. National Credit Union Administration, a U.S Government Agency.    


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