NC SECU Bridge Account Q1 2011 Return
Good news! The North Carolina State Employees Credit Union bridge account should be paying its investors 3% again this quarter because the S&P 500 rose 5.42% for the quarter. This is the 3rd straight quarter and 7 of the last 8 quarters where the account has paid the full 3%. What a great run! For those who keep the maximum allowed in the account ($3,000), that will be ~$90 more in your pocket.
If you don’t know what I’m talking about or want to know more about a risk-free investment that could earn you 3% per quarter, go back and read this post.