Ms. Judy Williamson

Recently, FundsXpress had the opportunity to visit with Judy Williamson of the U.S. Treasury's Savings Bond Internet Banking Team.During this conversation, we gained some very enlightening information regarding the sale of savings bonds online.

Online Savings Bond Statistics Show That People Are Buying Them

Ms. Williamson described an increasing trend in sales of the revenue-generating savings bonds feature and shared these impressive statistics with us.According to Judy, 64% of FundsXpress Financial Institutions sell savings bonds online.This figure represents 25% of the total number of financial institutions that are selling savings bonds over the Web - we thought that market share was pretty impressive.She went on to tell us that, on average, 20% of a bank or credit union's total bond sales come from their web sites.
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Ms. Williamson told us that as of August 30, 2001 approximately 634 savings bond agents across the nation sell savings bonds from their Internet Banking web sites.Various agents have commented on enjoying these benefits:
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"You can also use the online bond sales feature in your lobby to totally streamline all of your bond work," says Ms. Williamson, "two of our financial institutions have begun this, and are really reaping the benefits.