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We now offer members the opportunity to participate in the U.S. Savings Bond Program. Members are able to set aside an amount each pay period towards the purchase of savings bonds through payroll deduction. Savings bonds are available in the following denominations: $50, $75, $100, $200, $500, and $1,000.
A member may sign up for this program at any time during the year. Also, enrollment may able to discontinue at any time. If this deduction is stopped in between purchase, these monies will remain the member's savings account.
Additional information on the savings bonds is available at the following website: www.savingsbonds.gov
Why Savings Bonds?
United States Savings Bonds (Series EE)
Ø Issued by the U.S. Treasury Department
Ø Guaranteed by the U.S. Government
Ø Competitive interest rate
Ø Tax Deferred Growth
Ø Free from municipal and state taxes
Ø Tax exemption for higher education
Ø Redeemable after 12 months
Purchase Denominations
Employees may purchase monthly Series EE US Savings Bonds through payroll deduction in the denominations and at the purchase prices shown below.
Denomination Purchase Price
$ 50.00 $ 25.00
$ 75.00 $ 37.50
$ 100.00 $ 50.00
$ 200.00 $ 100.00
$ 500.00 $ 250.00
$ 1,000.00 $ 500.00
To enroll, complete the form below (forms may be faxed or mailed back).
You must be a member of the credit union to participate in the program.
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