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Non-Tech : USAB - USABancShares.com -- Ignore unavailable to you. Want to Upgrade?

To: Bill on the Hill who wrote (1774)	8/11/1999 5:10:00 PM
From: Tom Borst	Respond to of 2419

From the 10-Q statement . . . CDEnergy update . . . <<<When the Company announced its Internet initiative, we launched the first ever FDIC insured CD auction site, as well as its initial Internet vision site that allowed Internet users to view the sites future functionality as well as open certificate of deposit accounts. To date the Bank has opened in excess of $1.2 million and over 100 accounts through this site.>>> It doesn't say the average rate they pay for the CD's, but $12,000 average deposit per account is pretty good!