For more than 50 years, people all across America have secured their future through the regular purchase of U.S. Savings Bonds. U.S. Savings Bonds offer competitive, market-based rates, complete safety, federal income tax deferral, and freedom from state and local income taxes.
In addition, the interest earned on bonds may be exempt from federal income taxes if the proceeds are used for eligible higher education costs. U.S. Savings Bonds are helping millions of Americans secure their dreams.
Effective January 1, 2012, you can only purchase US Savings Bonds directly from the US Treasury Department at www.treasurydirect.gov. It is necessary to create an electronic account which will hold the bonds. Paper bonds are no longer issued.
You can continue to redeem your paper E or EE Series Savings Bonds at Family First FCU. Call us if you have special concerns or situations with your bonds and we will do our best to help.