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A CD INDEXED.


A CD INDEXED to the S&P 500 is being offered to customers of four community banks in Pennsylvania, West Virginia and Delaware. The institutions, all members of the Pittsburgh Federal Home Loan Bank, raised $5 million in their first offering earlier this year.

COPYRIGHT 2001 Bank Marketing Assn.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001 Gale, Cengage Learning. All rights reserved.

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Title Annotation:bank offerings
Publication:ABA Bank Marketing
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 1, 2001
Words:44
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