Patriot Bank Dow Jones Industrial Average CD
July 26, 2007
The Dow Jones Industrial Average fell over 300 points on Thursday sending investors scrambling for shelter. One possible shelter could be an investment that affords an investor the luxury of realizing 100% of the gain in the Dow Jones Industrial Average (DJIA), while having their principal protected from losses and FDIC-insured up to $100,000 per depositor. That's the idea behind the investment offered by Patriot Bank (FDIC# 14783) called the Patriot Bank Dow Jones Industrials Indexed CD.
from the Patriot Bank site:
Patriot Bank Dow Jones Industrials Indexed CD features a number of unique benefits:
Unlimited Upside Returns
No Risk to Principal
FDIC Insurance
No Sales or Management Fees
Peace of Mind!
Patriot Bank Dow Jones Industrials Indexed CD is the best combination of earnings potential and security. This hybrid deposit product gives you the chance to participate in market gains, but provides you the assurance that you won't lose a dime on your original deposit when held to maturity. The Patriot Bank Dow Jones Industrials Indexed CD will earn the performance of the Dow Jones Industrials Average over a five-year term which provides an opportunity to achieve higher than fixed rate returns.
One of the primary benefits of Patriot Bank Dow Jones Industrials Indexed CD is that it is FDIC insured. FDIC insurance guarantees your principal just like traditional CDs have done allowing you to invest without the risk associated with other investments.
Patriot Bank Dow Jones Industrials Indexed CD comes along at a unique time as well. With recent volatility in the stock market, an insured deposit of this type provides peace of mind for you. It can serve a large variety of savings needs with a low minimum investment of $1,000 and no sales fees or charges which puts your entire deposit to work for you.
More information here.
