What is a Liquid Treasuries account?

Your account provides the convenience of a checking account — complete with a Visa Debit Card, ATM withdrawals and ACH transfers — combined with the high yield, state tax exemption and safety of US Treasury Bills. The cash in your account is invested in Treasury Bills to earn high yield, but is immediately available for Debit Card purchases, cash withdrawals or electronic transfers out of your account. This offers great convenience, with high yield.

Treasury Bills themselves are guaranteed by the full faith and credit of the United States.