From CUNA Mutual Insurance Society
Index Annuity
| Balance |
5 Year |
7 Year |
10 Year |
$10,000 |
6.75% |
8.50% |
9.25% |
$100,000 |
7.25% |
8.75% |
9.75% |
$250,000 |
8.00% |
9.25% |
10.00% |
Index Interest Rate Caps
The Cap is the maximum index interest rate that will be credited on contract anniversaries for positive changes in S&P 500 Index*. Caps subject to change, by current Company practice, on the 10th and 25th. Minimum guaranteed rate (2.05%, current calendar quarter) will not change once contract is issued.
*"Standard & Poor's", "S&P", "Standard & Poor's 500", and "S&P 500", are trademarks of The McGraw-Hill Companies, Inc. and has been licensed for use by CUNA Mutual Society. This Product is not sponsored, endorsed, sold or promoted by Standard & Poor's and Standard & Poor's makes no representation regarding the advisability of investing in the Product. The S&P 500 Index does not include dividends paid by the underlying companies.
Nondeposit investment products are not federally insured, involve investment risk and may lose value, are not obligations of or guaranteed by the credit union.
Select Fixed Annuity II
| Balance |
5 Year |
7 Year |
10 Year |
$10,000 (minimum) |
4.55% |
4.65% |
4.85% |
$100,000 |
4.65% |
4.75% |
4.95% |
$250,000 |
4.80% |
4.90% |
5.10% |
The MEMBERS Select Fixed Annuity II is a single premium deferred annuity. Current guaranteed rates subject to change. Renewal rates guaranteed to be no less than 3%.
Withdrawals prior to age 59 1/2 may incur a 10% IRS penalty. Surrender charges apply for the first ten years beginning at 8% and decreasing to 1% by year ten plus a market value adjustment.
Insurance sold through licensed CUNA Mutual Insurance Society Representatives, and in New York, Licensed insurance representatives of other companies. Nondeposit investment products are not federally insured, involve investment risk and may lose value, are not obligations of or guaranteed by the credit union.
Rates valid in Illinois and Iowa.
Rates effective as of November 7, 2008. Rates subject to change.
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