How does the InvestorSure CD work?

The InvestorSure CD is a variable rate certificate of deposit indexed to the Standard & Poor's® 500 Composite Stock Index (S&P 500®) and FDIC-insured up to $250,000 for accounts held in the same right and capacity. Unlike many investments, the InvestorSure CD does not risk principal. Should the value of the S&P 500 decline over the investment period, you will receive your full investment back at maturity. Investments held to maturity will also receive at least 70 percent of the average increase in the S&P 500 based upon specific a formula. InvestorSure CDs are issued exclusively by College Savings Bank, a Division of NexBank. While historical rates of return are never a guarantee of future performance - if the InvestorSure CD was available, the previous 80 maturing CDs would have produced an average annual percentage yield (APY) of 3.29%. For more information, view the InvestorSure CD Terms and Conditions.





* The Federal Deposit Insurance Corporation (FDIC) generally insures, with respect to each FDIC-insured institution, deposit accounts that are held in the same right and capacity up to the maximum amount set by federal law, currently $250,000. An account owner’s interest in the insurable balance of a College Savings Bank, a Division of NexBank CD account is insured by the FDIC on a pass-through basis, together with any other deposit accounts the account owner holds at College Savings Bank, a Division of NexBank, in the same right and capacity, up to the maximum amount.

 

 

 
College Savings Bank, a Division of NexBank
College 529 Plans
2515 McKinney Avenue, Suite 1100
Dallas, Texas  75201