MADISON, Wis. - Five Wisconsin credit unions have now signed upto accept insured certificates of deposit under a state programoffering the 529 college savings plans, a tax sheltered vehiclewhich has been showing investor gains across the U.S.

Members United Corporate FCU of Warrenville, Ill., is helpingcoordinate CU bids on the Wisconsin CD product, known as Edvest 529that was introduced in October by State Treasurer Dawn MarieSass.

"The financial market's recent volatility shouldn't discouragefamilies from investing in their child's college savings plan,"declared Sass in announcing the CD feature on the 529 plan. "TheEdVest enhancements offer Wisconsin families three new conservativeoptions, including portfolios that invest in certificates ofdeposit that are federally insured by either the FDIC or NCUA."

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