The Citizens State Bank of Ouray offers our customers the option to purchase government securities through our institution. These government securities include Treasury Bills (T-Bills), Treasury Notes (T-Notes) and Treasury Bonds.
Treasury Bills are short-term securities that are paid upon maturity with maturities ranging up to 26 weeks.
Treasury Notes earn a fixed rate of interest every six months until maturity. Notes are issued in terms of 2, 3, 5 and 10 years.
Treasury Bonds are 30-year investments earning interest every six months until maturity.
United States Treasury Securities are not FDIC insured.
All United States Treasury Securities are backed by the full faith and credit of the United States Government.