U.S. Savings Bonds sold by the U.S. Government to assist Treasury funding, and can be purchased at your Credit Union. Revenue from bond sales is utilized by the Government to fund its operations.
- You must be a U.S. citizen to purchase these bonds.
- There is no charge to invest, no sales or redemption fees, and you help your Government meet its obligations.
- Interest earnings may be exempt from state and local income taxes and federal taxes may be deferred.
- Lost, stolen, or destroyed bonds can be replaced and amount is backed by the Federal Government.