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Investment Products

Stocks
A stock represents ownership equity in a company. As the company's value increases or decreases, so does the value of your stock. Investors expect a higher rate of return because of the potential risk  and because of the potential risk and no guaranteed minimum rate of return. However, such investments also offer unlimited growth potential.

Bonds
When you hold a company or organization's bond, you basically have an IOU, their promise to repay your "loan" in a certain period at a fixed rate of return. The stability of the bond issuer is a prime factor in determining the rate of return and the risk involved.

The return and principal value of stocks and bonds fluctuate with changes in market conditions.  Shares, when sold, may be worth more or less then their original cost.  If redeemed prior to maturity, bonds may be worth more or less than their original cost.

Mutual Funds
Mutual funds are portfolios of diversified stocks, bonds, and/or cash managed by an investment company on behalf of many investors. The investment company chooses how to invest the funds and sells shares of the portfolio to other individual investors. Investors should be aware that Mutual Funds and other investments are subject to risk. A prospectus should be read carefully before investing money. Mutual funds offer the following benefits:

Diversification
There are many companies represented in a single mutual fund. This diversification lessens the potential risk of loss should a single company or industry suffer a downturn.

Professional Selection and Management
The experience and expertise of a mutual fund's investment advisor gives that person an edge in choosing the best securities for the fund. And, because advisors trades on behalf of the entire fund, transaction fees are minimized.

Convenience and liquidity
It's easy to invest in a mutual fund and you can easily change from one fund to another. You'll always have easy access to your money and your broker can make changes for you the same business day you place an order.  There are wide varieties of mutual funds available. Our experienced advisors can help you choose the right mutual fund to meet your financial needs.

For more information on mutual funds including investment objectives, risks, charges and expenses; please read the prospectus carefully before investing.  To obtain a prospectus you may contact an Investment Representative at 800-300-9728 extension 1623.  

IRAs
An IRA, or Individual Retirement Account is a contract or custodial account established to hold assets for an individual's retirement. An IRA is not a certificate of deposit, mutual funds, money market or any other type of investment. An IRA can be looked at as a “bucket” into which people can put different types of investment vehicles. You can put regular certificates in them, or, you can put mutual funds, stocks, bonds, annuities into your IRA. What to put into an IRA depends on your individual circumstances. There are different types of IRA's. Which to choose also depends on your circumstances and goals. Our financial advisors can help you decide you the best course of action.

Annuities
Annuities are contracts with insurance companies. There are different types of annuities. Annuities could be a good investment due to their tax deferral nature. To see if an annuity is right for you, and which type of annuity would suit your needs make an appointment to see one of our financial advisors.

Life Insurance
Life insurance is a way you can protect your family when you are no longer able to. Imagine what would happen to them if they no longer were able to depend on your income. Many people do have life insurance through their employers-but few people have enough. To see if you do, contact one of our financial advisors.

401K Rollovers
Today, it is not unusual for people to change jobs three or four times in their working life. Our financial advisors are adept at discussing the options available to those that have to make a decision about whether to roll their 401(k) monies into an IRA.

*Investments offered through CUSO Financial Services, L.P. (CFS) an independent broker/dealer, are not NCUA/NCUSIF insured, not credit union guaranteed and may lose value. Registered representatives are employees of Water and Power Community Credit Union and registered through CFS ( member FINRA/SIPC).