MADISON, Wis. – CUNA Mutual Group has introduced two new MEMBERS Market Index Certificates to help credit unions offer members other investment options. The 1-year certificate provides a solution for members seeking maximum earning potential in the short term, but still wanting the flexibility to switch investment strategies if market conditions change. The 7-Year certificate provides a long-term investment that is being marketed as an IRA investment option. CUNA Mutual has been offering the Market Index Certificate in 2- and 4-year terms since 1994, and all are insured credit union certificates that earns dividends based on the increase in the Standard & Poor's 500 Composite Stock Price Index. If the S&P 500 is higher on the day the certificate matures than it was on the day it was established, the member earns a percentage of the increase. If it is lower, no dividends are earned, but the entire deposit is returned in full. There are more than 500 credit unions in the certificate program with $94 million in deposits.