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Facts about bank investments
June 27, 2005 12:39 PM EST | Investment | Email to Friend
As a valued customer we want you to have a choice of investment and savings options.
In addition to traditional deposit accounts, such as checking, savings, and certificates of deposit, we offer an array of nondeposit investment choices.
Unlike traditional deposit products, nondeposit investment products are not insured. Examples of uninsured investment products include:
- annuities
- mutual funds
- stocks
- bonds
- government securities
- municipal securities
- U.S. Treasury securities
When you meet or talk with a sales representative about nondeposit investment products, you should be informed that:
- This product is not insured by the Federal Deposit Insurance Corporation.
- This product is not a deposit, or other obligation of, or guaranteed by, the bank.
- This product is subject to investment risks, including possible loss of principal amount invested.
Look for the logo disclosure (see below) in visual media, such as television broadcasts, ATM screens, billboards, signs, posters, and in written advertisements and promotional materials, such as brochures.
How to Protect Yourself
- Never invest in a product you don't understand.
- Be sure you have enough information before making an investment. Ask questions until you are satisfied.
- Investments ALWAYS entail some degree of risk: understand the risks.
- Be sure your sales representative knows your financial objectives and risk tolerance.
- Find out more about your registered sales representative or broker/dealer by calling:
National Association of Securities Dealers
(800) 289-9999
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