PowerInvestment FAQs

An investment in the Cat Financial PowerInvestment notes allows individuals and institutions to benefit from the financial strength of Caterpillar Financial Services Corporation. It is important to note that Cat Financial PowerInvestment is not a money market account, which is typically a diversified fund consisting of short-term debt securities of many issuers. An investment in the PowerInvestment notes does not meet the diversification and investment quality standards set forth for money market funds by the Investment Company Act of 1940. Instead, PowerInvestment notes are variable denomination, floating rate demand notes that are considered a short-term unsecured debt obligation of Caterpillar Financial and are backed only by the assets of Caterpillar Financial. While the PowerInvestment notes are not separately rated by a nationally recognized statistical rating organization and are not expected to be rated in the future, Caterpillar Financial has an “investment grade” rating from the major security rating agencies for its unsecured debt obligations. The unsecured long-term debt of Caterpillar Financial is rated A by Fitch Ratings, A by Standard & Poors and A3 by Moodys. Your investment in the PowerInvestment notes is not equivalent to a deposit or other bank account and is not guaranteed, insured, or subject to the protection of the Federal Deposit Insurance Corporation.

Additional information can be found in the Prospectus for Retail Investors or Prospectus for Corporate Investors provided to you upon investing in the PowerInvestment notes.

Caterpillar Financial Services Corporation is a wholly owned subsidiary of Caterpillar Inc. Our primary business is to provide retail-financing alternatives to customers and dealers around the world for Caterpillar Inc. products and non-competitive related equipment, provide wholesale financing to Caterpillar Inc. dealers and purchase short-term dealer receivables from Caterpillar Inc. We emphasize prompt and responsive service and offer various financing plans to meet customer requirements, increase Caterpillar Inc. sales and generate financing income.

• Eligible investors must be citizens of the United States, or except as provided in applicable United States Treasury regulations, a partnership, or corporation incorporated or established in or under the laws of the United States or a trust or estate that is treated as a United States person under Section 7701 of the Internal Revenue Code, as amended.
• Eligible investors must provide a valid social security number or U.S. federal tax identification number. 
• Individuals, trusts and estates may invest in the Notes as may corporations, partnerships, firms or associations that are Caterpillar Financial Services Corporation dealers.
• You may invest individually or jointly with another person.
• You may invest by naming yourself as a custodian for your minor children under the Uniform Gifts to Minors Act of the state in which you reside or under any other applicable law.
• You may invest in the name of a trust established for your benefit or for the benefit of an immediate family member if you are a joint owner of the Notes with the trust for an immediate family member or are the trustee of co-trustee for such trust. In the case of any trust investment, the income of the trust must be subject to U.S. federal income taxation, regardless of its source. 
• For the full list of eligibility requirements, visit the Prospectus.

The minimum investment in the notes is $250.00.

Because of the relatively high cost of maintaining small investments, we reserve the right to redeem your investment if the investment balance is less than the minimum required investment balance of $250 for three consecutive months. You will be notified if our notes will be redeemed and you will be permitted 30 days within which to make additional investments to increase your investment balance to the applicable minimum required investment before your investment is redeemed. For further details please reference the Prospectus for Retail Investors or Prospectus for Corporate Investors.

The maximum investment in the notes is currently $25 million.

If the amount of your investment exceeds the maximum, we may notify you in writing that we intend to redeem the amount of your investment in excess of $25 million. You will then have 30 days to redeem the excess portion of your investment. If you do not do so within the next 30-day period, we will redeem the amount we have specified and mail a check to the registered holder of the notes. The maximum total investment in the notes for any one investor is subject to change at the discretion of the Cat Financial PowerInvestment Committee without prior notice to investors. For further details, please reference the Prospectus for Retail Investors or the Prospectus for Corporate Investors.

Changes to your payroll deduction can be submitted by completing a Payroll Deduction Form. Please send your completed Payroll Deduction Form to:

Cat Financial PowerInvestment
P.O. Box 75956
Chicago, IL 60675-5956.

Address changes can be requested by phone at 1-800-233-2164 or by completing the address section of the Change Form. Please forward your completed change form to:

Cat Financial PowerInvestment
P.O. Box 75956
Chicago, IL 60675-5956.

Also, please note that all change forms must include the signatures of all signers listed on the investment in order for your request to be processed.

Redemptions via Automated Clearing House (ACH) can be made by:

You may initiate an ACH debit through your financial institution from your investment. A minimum redemption of $250 is required.

You may set up an ACH redemption which can be executed utilizing the self-service feature of online access. A $250 minimum redemption is required.

You can establish a bank model to complete on request ACH redemptions by submitting the information in writing on the Electronic Funds Transfer Form. Each registered must sign the request and obtain a Medallion Signature Guarantee stamp.  In addition, the models must have like ownership, with the same owners on the investment as there are on the investment the funds are going to. Once the form is received, the model will be added to the investment within two business days. Once the model is complete, a confirmation is generated and sent to the registered address confirming that the transfer instructions have been established.

If you are enrolled in online access, you can use the self-service feature to establish a bank model and complete single ACH redemptions.

The agent bank will initiate the redemption from your investment and an ACH credit will be sent to the financial institution on file via a NACHA formatted transaction file. Funds are transferred to your financial institution one business day following receipt by the agent bank of the request if received by 2:00 p.m. Eastern time. The redemption will post on such day and interest will accrue to, but not including, such day. If received after 2:00 p.m. Eastern time, funds are transferred to your financial institution two business days after receipt of the request. The redemption will post on such day and interest will accrue to, but not including, such day. 

A written request will need to be sent with the signatures of all signers listed on the investment in order for your request to redeem all or a portion of the PowerInvestment notes. Please forward any such requests to:

Cat Financial PowerInvestment
P.O. Box 75956
Chicago IL 60675-5956.

Ownership or title changes can be requested by completing the ownership section of the Change Form or by requesting a copy by phone at 1-800-233-2164. Please forward your completed Change Form to:

Cat Financial PowerInvestment
P.O. Box 75956
Chicago, IL 60675-5956

Please note that the Change Form must be signed by all of the signers listed on the investment and each signature must be guaranteed with a Medallion Signature Guarantee Stamp. For further information on the Medallion Signature Guarantee Stamp requirements, please reference the section III below. Notarized signatures will not be accepted.

An electronic funds transfer can be established by completing the investment & redemption options section of the Change Form, which must be signed by all of the listed investors on the investment and each signature must be guaranteed by a Medallion Signature Guarantee Stamp from a U.S. commercial bank, savings bank, trust company or credit union. For further information on the Medallion Signature Guarantee Stamp requirements, please reference section III below. Please forward your completed Change Form to Cat Financial PowerInvestment, P.O. Box 75956, Chicago IL, 60675-5956. Upon receipt of your completed Change Form, the transfer instructions will be available for your use in two business days.

Yes, a minimum of $1,000 is required for wire transfers.

Wire transfers that are received by 2:00 p.m. Eastern time will be credited to your Cat Financial PowerInvestment notes the same day received and processed for redemption the following business day. Wire transfers received after 2:00 p.m. Eastern time will be credited to your Cat Financial PowerInvestment notes the following business day and available for redemption the next business day after they have been credited to your Cat Financial PowerInvestment notes.

There are no maintenance fees associated with the Cat Financial PowerInvestment notes, but in the following instances, a fee may be automatically deducted from your investment balance:

• If your investment balance falls below $250, a $10.00 fee will be assessed;
• If a check is returned for insufficient funds, a $15.00 fee will be assessed;
• If a check redemption is made for an amount less than $250, a $10.00 fee will be assessed.

A fee of $15.00 will be automatically deducted from your investment balance for each stop payment placed. Also, a $15 service fee may be debited directly from your investment balance for any redemption proceeds paid by wire transfer.

Yes, there is a seven-business day hold on all purchases of Cat Financial PowerInvestment notes received in the mail and a five-business day hold on all purchases made by telephone. Interest is accrued during this hold period, but the funds are unavailable for your use.

A Medallion Signature Guarantee Stamp is also known as a STAMP imprint. STAMP (Securities Transfer Agents Medallion Program) is the financial industry's official signature guarantee program. Under STAMP, the guarantor institution uses self-inking hand stamps or stamping equipment to place a distinctive imprint on securities and other documents used to affect a transfer. The easily recognized stamped imprint signifies participation in STAMP as a signature guarantor and assures that transfer agents will accept the guarantees. The Medallion Signature Guarantee is not to be confused with a Notary Public.

Signature guarantees serve a vital function and are essential to the transfer of registered-form securities. Like an endorsement on a check, the signature guarantee enables transfer agents and processing agents to accept instructions from an investor/security holder with the confidence that the instructions have been properly authorized. The signature guarantee warrants that the original signature was genuine, that the signer was the appropriate party to endorse the document, and that the signer had legal capacity to sign. As a result, this signature guarantee helps to protect you, the security holder, against fraudulent transfers.

You can obtain a signature guarantee from a financial institution such as a commercial bank, savings bank, credit union, or broker dealer that participates in the Medallion signature guarantee program. Many financial institutions will not guarantee your signature if you are not a customer, so the best source for a Medallion Guarantee is a financial institution with which you do business.

An investor located outside of North America may have difficulty obtaining the services of a signature guarantor, especially if the investor has no business relationship with a North American financial institution. This means that you may be unable to affect the transfer of securities, so it is recommended that you establish an electronic funds transfer prior to moving or traveling abroad.

These documents can be found on the PowerInvestment website or by requesting copies by phone at 1-800-233-2164. Please forward any of these completed documents to:

Cat Financial PowerInvestment
P.O. Box
75956, Chicago IL, 60675-5956

These documents can be found on the Cat Financial PowerInvestment website or by requesting copies by phone at 1-800-233-2164.

The agent bank will send a statement to you on approximately the 15th of every month showing a summary of all the transactions made in the Notes during the previous month, including the beginning investment balance, all investments and redemptions, all interest earned, as well as any relevant fees or charges. In addition, redemption checks on which payment has been made will be returned monthly to you; the check number and amount of each such check will be indicated on the monthly investment statement. This procedure is subject to change at the discretion of the Cat Financial PowerInvestment Committee or its designee.

You may also enroll to view your investment activity and other correspondence through the online investment access portal of the agent bank.