width=”40%” valign=”top”>877-482-2650; www.usabancshares.com
500
|
| 1-Year CD (National Average: 4.95%) |
| TeleBank, Arlington, VA |
6.52 |
800-835-3226; www.telebank.com |
1,000
|
| Bank Caroline, Travelers Rest, SC |
6.50 |
877-692-2765; www.bankcaroline.com |
500
|
| Net.B@nk, Alpharetta, GA |
6.50 |
888-256-6932; www.netbank.com |
1,000
|
| Security First Network Bank, Atlanta, GA |
6.50 |
800-736-2321; www.sfnb.com |
1,500
|
| BankDirect, Dallas, TX |
6.50 |
877-839-2737; www.bankdirect.com |
2,000
|
| 5-Year CD (National Average: 5.46%) |
| TeleBank, Arlington, VA |
7.08 |
800-835-3226; www.telebank.com |
1,000
|
| Key Bank USA, Albany, NY |
7.04 |
800-872-5553; www.keybank.com |
5,000
|
| Capital One FSB, Falls Church, VA |
7.00 |
800-564-7426; www.capitalone.com |
10,000
|
| Providian Bank, Salt Lake City, UT |
7.00 |
800-414-9693; http://deposits.providian.com |
10,000
|
| Providian National Bank, Tilton, NH |
7.00 |
800-414-9692; http://deposits.providian.com |
10,000
|
| *As of 12/14/99 Source: bankrate.com |
Clarification
In a previous article about Treasury bonds (see “A Treasury Bond by Any Other Name,” Moneywise, December 1999), we incorrectly stated the minimum denomination for Treasury bills, also called T-bills. These short-term government securities can be purchased for a minimum of $1,000 and mature in 13, 26 or 52 weeks.
Also, you can buy Treasury bills, notes and bonds through TreasuryDirect, a book-entry system operated by the Bureau of Public Debt, which enables investors to purchase government securities without a broker or other intermediary. To find out more about the U.S. Treasury, government securities and TreasuryDirect, log on to www.ustreas.gov.
