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RALEIGH, N.C. — As the gap between the poor and the wealthy continues to widen, State Employees’ Credit Union is hoping that a series of investment product and service rollouts will help to correct the disparity.

Among the $13 billion credit union’s latest offering is the debut of the Bridge Account with the mission of encouraging members to save and educating them on stock market investing. The account requires a minimum $25 deposit and a maximum balance of $3,000. Dividends paid on Bridge accounts will be based on the quarterly change in the S&P 500(R) Index. The maximum quarterly dividend will be 3% [12.00% annual percentage rate/12.55% annual percentage yield], according to SECU. If the market returns are positive, dividends will be paid up to the maximum rate. If the market returns are negative, no dividends will be declared for that quarter, but there will be no loss, the CU said.

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