Bank Annuities are simply Annuities offered through a Bank. Banks offer Annuities which are backed by Insurance Companies. So the first question you might ask is which Insurance Company is backing the Annuity?
Annuities offer Guaranteed Downside protection while giving you the opportunity for upside growth. Some annuities are "Indexed" meaning they credit growth based on performance of an index such as the S&P 500. Other annuities offer a fixed growth similar to a CD offered at a Bank. All Annuities have a surrender period however some may have a provision to walk away getting your money back.
Contact your Broker to get more details on what you are looking for.
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Annuities offer Guaranteed Downside protection while giving you the opportunity for upside growth. Some annuities are "Indexed" meaning they credit growth based on performance of an index such as the S&P 500. Other annuities offer a fixed growth similar to a CD offered at a Bank. All Annuities have a surrender period however some may have a provision to walk away getting your money back.
Contact your Broker to get more details on what you are looking for.