Products & Services

Savings Bonds

Series EE

A savings bond is an investment offered by the U.S. Government. The EE bond is an appreciation-type security that accrues interest for 30 years.

• Service available at all locations; toll free phone number for members to call when they have questions: 1-800-4US-BONDS
• Purchase price is 50% of the face value; may be purchased for other individuals
• Competitive interest rates; interest is compounded semi-annually; rates are announced May 1 and November 1; interest is tax-deferred
• Purchasers should allow three weeks for delivery; bonds are non-transferable
• Bonds are government-backed
• Denominations:

  Face Value	Initial Cost
  $50	$25
  $75	$37.50
  $100	$50
  $200	$100
  $500	$250
  $1,000	$500
  $5,000	$2,500
  $10,000	$5,000

• Bonds must be held for a minimum of six months before they may be redeemed
• Bonds may be purchased with cash, check, withdrawal, payroll deduction, or internal transfer
• More information is available at www.savingsbonds.gov

For more information visit our rates page.

To view our disclosure, click here.

Series HH

Current-income securities backed by the full faith and credit of the United States.

• Only obtained in exchange for E/EE bonds and U.S. Savings notes that are at least six months old and have not passed maturity by more than one year
• Purchased at par (purchase price equals face value) in denominations of:
  • $500
  • $1,000
  • $5,000
  • $10,000
• Interest is paid semi-annually; interest is paid by direct deposit to the owner's designated account
• Fixed rate
• Original maturity is 10 years; extension period is an additional 10 years
• Purchase or redemption is sent to the Federal Reserve Bank of Minneapolis; bond is not redeemed by the teller
• More information is available at www.savingsbonds.gov

For more information visit our rates page.

To view our disclosure, click here.