You understand that earnings (interest) on the account will be split between you and the CIF in accordance with the percentage selection you made.
You will receive a 1099 from NCB for the full amount of interest earned on the account. Check with your accountant to determine any applicable tax responsibility.
Any changes to the percentage amount designated after the submission of this form are the responsibility of you and NCUF.
You hereby consent to allowing NCB to provide NCUF with a report in written, electronic or other form that will identify you as an investor in an account under the CIF-NCB Investor Program and include the amount of your CIF-NCB Investment, the earnings thereon for the applicable period, and other related information.
NCB makes no representations or warranties regarding NCUF or the CIF and is not responsible for monitoring any of their respective activities.
NCUF is not affiliated with NCB and is not a party to the contract between you and NCB related to the CIF-NCB Investor Program. NCUF will receive a contribution to NCUF in your name based upon the earnings (interest) split that you have selected. NCUF makes no representations or warranties regarding NCB and is not responsible for monitoring its operations.