Equity Linked CD's-FDIC Insured


Investor Benefits


Capture equity growth potential with principal protection when held to maturity


Equity Exposure: ELCDs offer the opportunity to participate in the potential growth of the equity market, subject to the terms 100% Principal Protection: The principal portion of an ELCD is guaranteed by the issuing bank when held to maturity. FDIC Insured: FDIC insurance protects the deposits up to $250,000 for all deposits held in the same capacity per depositor, per


Diversification:Various ELCDs may track a variety of domestic and/or global indices.


Low Minimum Investment: ELCDs are available for a minimum investment of $1,000 and increments of $1,000 thereafter.


adjudication of incompetence of the beneficial owner under certain circumstances.

Estate Feature: Generally allows for the redemption of the full principal amount at par, without interest, upon death or the


Secondary Market: Issuers generally intend to maintain a secondary market, but are not obligated to do so.

Risks and Important Considerations

Tax Implications: For CDs treated as contingent payment debt instruments, interest income will be reported and taxed annually, even if no payment is received until

maturity. Interest income and any potential gain are generally taxed as ordinary interest income for U.S. federal income tax purposes. For CDs treated as variable rate debt

instruments, interest paid on the CDs should generally be taxable to you as ordinary interest income at the time it accrues or is received in accordance with your regular

method of accounting for U.S. federal income tax purposes. In general, gain or loss realized on the sale, exchange or other disposition of the CDs will be capital gain or loss.

Please consult a tax advisor for additional tax implications.

No Early Redemption: ELCDs should be purchased with the intention of holding them until maturity. Some ELCDs may offer an early redemption opportunity, allowing

holders the option to redeem prior to maturity. Generally ELCDs held to maturity are entitled to full return of the principal amount invested. A secondary market for the

ELCDs may develop, although there is no guarantee that any person will maintain a secondary market. The value of the ELCD sold prior to maturity in the secondary market

will be subject to then prevailing market conditions and may include a transaction charge. The sale proceeds may be less or more than the original purchase amount paid.

*FDIC Insurance: FDIC insurance does not protect against loss if the ELCD is sold or redeemed prior to maturity. Furthermore, FDIC insurance applies only to the principal

amount and the accrued interest, if any, of the ELCD. Amounts exceeding the FDIC limits are subject to the credit of the issuer.

There are a wide variety of ELCDs available, with attributes which affect their risks and potential rewards. Before making any investment decision, you should obtain advice

from your financial, legal and tax advisers for information about and analysis of the investment, its risks and its suitability in your particular circumstances.

 The terms of these CDs vary are typically for five years. The financial institution calculates your rate of return on the date that the CD matures based on the particular terms of the contract. Therefore, there is no guarantee that any payment in excess of the guaranteed payment will be paid

of each specific ELCD.







 FDIC Insured: FDIC insurance protects the deposits up to $250,000 for all deposits held in the same capacity per depositor, per THIS ISN'T A COMPLETE SENTENCE ADD: An equity-linked CD may be callable. If an equity-linked CD is called, the investor’s return may be less than the yield for which the CD would have earned had it been held to maturity. ADD: The equity-linked CD will be subject to a number of variables, including stock market volatility and changes to the components of the linked index. therefore, it may be worth more or less than the purchase amount

Equity-Linked Certificates of Deposit (ELCDs)