In Brief: Oct. 16, 2000

NET CHECKING Looking to open a new checking account? Forget the local Citibank; the best deals are online. Thanks to lower overhead costs, online banks are clamoring for customers. They offer better rates, lower minimum balances and rock-bottom service fees. The bonus: most will reimburse a portion of monthly ATM withdrawal fees.

MIN. MIN. TO TO AVOID BANK * YIELD OPEN FEES Presidential On-Line Bank 6.00% 2,500 1,000 American Bank 6.25%** 1 0 6.01% 1,500 1,500 Flagstar Bank, FSB 5.00% 2,000 500 First Internet Bank of IN 5.00% 100 0

*All are FDIC insured ** Above $10,000...

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