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US
Savings Bonds
MPO Federal Credit Union proudly offers both Series EE and Series I bonds.
Like any other US Government security, Savings bonds are backed by the full
faith and credit
of the US Government. They can be purchased in denominations as small as $25.00.
The
government allows each individual to purchase up to $15,000.00 in Savings Bonds
each year.
Key Benefit
- Interest earned on a US Savings Bond is exempt from State and Local
income tax.
- Generally a low risk savings product.
- Reliable.
- Bonds sold and redeemed at all MPO branch locations.
Bond Types
Series EE
- Secure savings product.
- Pays interest based on current market rates for up to 30 years.
- Paper bonds are sold at 1/2 face value.*
- Minimum term of ownership is 1 year.
- Interest earning period is 30 years.
*If you like, you may
purchase series EE bonds at full face value by visiting TreasuryDirect.gov
Series I
- Low risk, liquid savings product.
- Earns interest while protecting you from inflation.
- Both paper and electronic bonds are sold at full face value.
- Minimum term of ownership is 1 year.
- Interest earning period is 30 years.
Want to know more about Savings Bonds?
Need further assistance or have a question? Visit one of these helpful links:
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