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The United States Treasury adds the interest to Savings Bonds every six months. Savings Bonds are conveniently available in the form of either I Bonds or Series EE Bonds. These products can be purchased at any one of our four branches.
- I-Savings Bonds:
Sold at face value Offer a real rate of return over and above inflation Buy as much as $30,000 per year New rates announced each May 1st and November 1st Earn interest for up to 30 years Can be redeemed anytime after twelve months (3-month loss of interest if redeemed before5 years) Exempt from state and local income taxes Available in the following denominations: $50 $75 $100 $200 $500 $1,000 $5,000 $10,000 *Backed by the full faith and credit of the United States
- Series EE-Bonds:
Sold at half their face value Earn 90% of market rates on 5-year Treasury Securities Buy as much as $15,000 per year New rates announced each May 1st and November 1st Earn interest for up to 30 years Can be redeemed anytime after twelve months (3-month loss of interest if redeemed before5 years) Exempt from state and local income taxes Available in the following denominations: $50 $75 $100 $200 $500 $1,000 $5,000 $10,000 *Backed by the full faith and credit of the United States
*These products are not FDIC insured. All United States Savings Bonds are backed by the full faith and credit of the United States Government.
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