Public Offerings
Public Offerings
CNB can hold public investments, however, we do not have a trading platform. To buy or sell these types of investments please contact our Settlements Department to determine the best option for you.
Annuities
An annuity is an insurance product that requires the insurance company to make periodic payments over a set timeframe, provide death benefits and tax-deferred growth. There are three basic types of annuities, fixed, variable and indexed. Fixed and indexed annuities are regulated by state insurance commissioners while variable annuities are regulated by the Security Exchange Commission (SEC).
Exchange Traded Stock & ETFs
Publicly traded stock represents a piece of ownership in a company and is traded on a public exchange. CNB holds public stock, however we cannot facilitate a trade of the stock. You must work with your financial advisor to set up a DVP or retail brokerage account to trade public stock held at CNB.
Mutual Funds
A mutual fund is a company that uses a pool of money from investors and invests in various securities. Mutual funds typically have a fund manager that selects the securities and monitors the overall performance of the fund. Due to the range of companies and industry sectors in the portfolios, mutual funds offer diversification and liquidity to their investors.
You are urged to seek professional guidance and/or consider proper diversification and risk tolerance before directing any investment activity. Community National Bank (CNB) does not recommend or evaluate the prudence, merit, viability or suitability of any investment and will not be responsible for the performance of any investment product. CNB will provide custodial services with respect to the investments in your account, but we do not provide investment advice or information, nor are we the agent, partner, employee, representative, or affiliate of any financial representative, product sponsor or other individual or entity except as otherwise disclosed. We are not responsible for and are not bound by any representations, warranties, statements, agreements, disclosures, advice or information made by any such person beyond the terms and provisions contained in the CNB Custodial Agreement, Disclosure Statements, or other CNB forms or CNB documents.
Visit www.investor.gov for helpful hints on questions to ask before you invest, how to avoid fraud, and additional information on investment products.