EXHIBIT 4(b)
SBM Certificate Company
Statement Date:------
Page -- of --
Form of
ACCOUNT STATEMENT
for period
-------------- through -------------
Client: ----------------------------- Account #:---------------
Tax ID Number: ----------------------
Certificate Type: -------------
Face-Amount: -------------
Effective Date: -------------
Maturity Date: -------------
Minimum Interest Rate: -------------
Beginning of Current Guarantee Period: -------------
End of Current Guarantee Period: -------------
Interest Rate (Current Guarantee Period): -------------
Transactions this Period:
Principal Ending Ending
Interest Payment Loan Charges Account Surrender
Date Credited Received* Withdrawals Repayments Applied Value Value**
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** Does not reflect early withdrawal penalty or deferred sales charges.
For questions about this statement, please call us at 1-800-965-4999 (in
Maryland, 301-656-4200). Or, you may write to us at 2 Wisconsin Circle, Suite
700, Chevy Chase, MD 20815, Attention: Administrative Services. We are
available Monday-Friday 9:00 a.m. to 5:00 p.m. Eastern Standard Time.
PLEASE REFER TO THE REVERSE SIDE FOR ADDITIONAL INFORMATION
<PAGE>
Your Account Statements, together with your Certificate Application, define
the terms of your Certificate. Please keep this Statement for future
reference. The following are definitions of terms used in your statement.
ACCOUNT VALUE - your principal investments(s), plus accrued interest, less
withdrawals and applicable fees and charges.
CERTIFICATE - one of the face-amount certificates that we currently offer.
EFFECTIVE DATE - the date we accepted your application to purchase the
Certificate.
FACE-AMOUNT - the amount that you invested at the time you purchased your
Certificate.
GUARANTEE PERIOD - a time period that you selected to lock in the interest
rate applicable to your principal investment for that period.
INTEREST RATE - the rate of interest that you earn on your Certificate. We
guarantee the interest rate for the Guarantee Periods that you select.
Interest compounds monthly, based on a 30-day month and a 360-day year.
MATURITY DATE - the date on which your Certificate matures. Series 503, 505,
507 and 510 Certificates mature 30, 30, 28 and 30 years after their respective
Effective Dates.
MINIMUM INTEREST RATE - the minimum annual rate of interest you will earn on
your principal investment during any Guarantee Period.
OUR, US, WE - SBM Certificate Company.
PRINCIPAL- the amount of your investment.
SURRENDER VALUE - the amount of your Account Value imediately prior to
surrender, less any applicable withdrawal charge and early withdrawal penalty
assessable at the time of surrender.
YOU, YOUR - the Certificate owner.
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