financial Web site that offers federally insured certificates of deposit.

Savingsbot.com is the second in a series of on-line services from M&I. Mortgagebot.com, which offers on-line approvals of first mortgages, was started in October 1998 by the M&I Mortgage Corp. subsidiary.

A third Web site, homequitybot.com, is to begin this month supporting on-line approvals of home equity loans and lines of credit.

Savingsbot.com's on-line process takes most customers less than 10 minutes to complete, said Scott Happ, president and chief executive officer of M&I's Internet banking division.

To buy a CD, customers select terms and a dollar amount and arrange for a transfer of funds.

A confirmation is displayed, and a welcome kit is express-mailed to the customer.

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