BankName Logo


    Home Page
    Welcome
    What's New
    Holiday Projects
    Locations
    FAQ's
    All-Time Insurance
    Lending Services
    Credit Cards
    VISA Gift Cards
    Deposit Products
     U.S. Savings Bonds
    Consumer Tips
    Calculators
    Disclosures
    Privacy & Security
    General Services
    Interesting Links
    Employment


U.S. Savings Bonds

U.S. Savings Bonds may be issued in the names of individuals (adults or minors) in single ownership, co-ownership, or designated beneficiary. Bonds may be purchased or redeemed at any one of our five conveniently located offices.

Effective January 1, 2008 the annual limitation on purchases of United States Savings Bonds will be set at $5,000 per Social Security Number. The limit applies separately to Series EE and Series I savings bonds, and separately to bonds issued in paper or electronic form. Under the new rules, an individual can buy a maximum of $5,000 worth of electronic and paper bonds of each series in a single calendar year, or a total of $20,000, in single ownership form. If paper bonds are issued in co-ownership form, the limit applies to the first-named co-owner. All limits are based on the issue price of the securities.

Series EE Bonds are a secure savings product that pay interest based on current market rates for up to 30 years.

  • Purchased at 50% of face value.
  • Are exempt from state and local income taxes
  • Can be redeemed after twelve months
  • Can be purchased in the following denominations: $50, $75, $100, $200, $500, $1,000, $5,000.

Series I Bonds are a low-risk savings product that earn interest while protecting you from inflation.

  • Purchased at face value.
  • Are exempt from state and local income taxes.
  • Can be redeemed after twelve months.
  • Can be purchased in the following denominations: $50, $75, $100, $200, $500, $1,000, $5,000.

For more information on U.S. Savings Bonds, please contact a Savings Representative at any Time Federal office.