Tech Bytes: Alabama Bank Offering Savings Bonds via Web

First National Bank of Ashford is among the first banks in the Southeast to enable customers to purchase Series EE savings bonds through the Internet.

The U.S. Treasury and the bank's software provider, SBS Corp. of Birmingham, Ala., made it possible for customers to enter an on-line purchase order, advising the bank which account to debit. The bank sends the order electronically to the Federal Reserve Bank savings bond processing center. The bond arrives within a week.

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