Official Credit Union of UMass Athletics

Official Credit Union of UMass Athletics



Archive for May 2016

Market Month April 2016

By Craig Boivin.

Despite a poor close to the month, the indexes listed here improved in April (with the exception of the Nasdaq) compared to their March closing values--but not by much. The Dow gained a scant 88.55 points over the month, while the S&P 500 increased less than 0.3%. On the year, only the Russell 2000 and the Nasdaq remain below their year-end values.

Bond yields increased by the close of trading for April as prices fell, presumably due to investor money moving back to equities. The price of gold (COMEX) increased by month's end, selling at $1,294.90--about $62 higher than March's end-of-month price of $1,233.00.

Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ("CFS"), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. UMassFive College Federal Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. 

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Student Ambassadors Needed!

By Cait Murray.

Hey Five College students!  Are you a member of UMassFive? Are you looking to add a resume booster to your arsenal while earning some extra cash? Do you support the non-profit, cooperative movement and would you be willing to share your...

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