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• An index-linked SC is a deposit obligation of the issuing credit union. Index-linked SCs provide the member the ability to participate in the appreciation, if any, of a particular index (stock), during the term of the SC. Index-linked SCs may have complicated payout structures and may not be suitable or appropriate for all members.

  National Credit Union Administration - Cite This Source - This Definition
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  Cite Definition for Index-linked Share Certificate (SC)

  American Psychological Association (APA)

  Index-linked Share Certificate (SC). (n.d.). Pocket Cents Glossary. Retrieved June 7, 2023, from website: http://www.expertglossary.com/definition/index-linked-share-certificate-sc.

  Chicago Manual of Style (CMS)

  Index-linked Share Certificate (SC). www.mycreditunion.gov. Pocket Cents Glossary. National Credit Union Administration. http://www.expertglossary.com/definition/index-linked-share-certificate-sc (accessed: June 7, 2023).

  Modern Language Association (MLA)

  "Index-linked Share Certificate (SC)." Pocket Cents Glossary. National Credit Union Administration. 7 June. 2023 http://www.expertglossary.com/definition/index-linked-share-certificate-sc.

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