Treasury
Securities
Treasure your freedom.
Treasury securities give
you the freedom of safe and secure investment options that are backed by the
government with the guarantee that interest and principal payments will be paid
on time. For your convenience, Citizens~Union Savings Bank participates in TreasuryDirect
so that interest and principal payments can be made directly into your Citizens~Union
Savings Bank checking or savings account. Also, most treasury securities are
liquid, which means that they can easily be sold for cash.
Treasury
Bills (or T-bills)
- Short-term securities
that mature in one year or less from issue date.
- Sold for less than face
value.
- Minimum purchase is
$1,000.
- Paid out at face value
at maturity.
Treasury
Notes (T-Notes)
- Receive a fixed rate
of interest every six months until your security matures.
- Minimum amount that
you can purchase is $1,000.
- Mature in more than
one year, but not more than 10 years from their issue date.
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