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 SSB. 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.