A 5-year variable rate CD product, indexed to the performance of Standard & Poor’s® 500 Composite Stock Index (S&P 500®).
Announcement: August 1, 2016, College Savings Bank, a Division of NexBank (CSB), issued the last InvestorSure® CD. InvestorSure® CDs issued prior to August 2, 2016 will continue to be managed and serviced by CSB until their stated maturity date.
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The Bank Plan is sponsored by the State of Arizona and administered by the Arizona Commission for Postsecondary Education (ACPE). College Savings Bank, a Division of NexBank serves as a Program Manager for the Bank Plan. As a Program Manager, College Savings Bank, a Division of NexBank supports all aspects of the day-to-day operations of the Bank Plan, including marketing, recordkeeping and administrative support. The Bank Plan offers portfolios that invest in either a College Savings Bank, a Division of NexBank issued FDIC-insured CD or a savings account. CDs may be subject to early withdrawal penalties. For additional information, please refer to the Bank Plan Disclosure Statement. Download the Bank Plan Highlights Brochure.
Tax and other penalties may apply to non-qualified withdrawals from the Bank Plan account. You should consult your financial, tax, or other adviser to learn how state-based benefits (or limitations) will apply to your specific circumstances. The Bank Plan is not insured by the State of Arizona, nor is the principal and interest invested in the plans thereon guaranteed by the State of Arizona.