
Savings Bonds
Savings Bonds are a secure, liquid investment option backed by the U.S. Government, but not insured by the FDIC, and are available to purchase at Randall-Story State Bank. Savings bonds earn interest and protect your investment from inflation. Since they earn money until they are cashed in, they are a great long-term savings option for college funding, weddings, retirement assistance, and gift giving. Visit www.savingsbonds.gov for more information.
Wonder what your bonds are worth today?
Just log on to
www.www.treasurydirect.gov/BC/SBCPrice and simply enter the series, denomination, and issue date to find out what your bonds are worth. The calculator also provides:
- Total interest earnings
- Current interest rates
- Next accrual date
- Final maturity date
- Past redemption values (back to January 1996)
- Year-to date interest (for tax reporting purposes)
Fast Facts on Bonds:
I Bonds
- Accrual type bonds purchased at face amount in denominations of $50, $75, $100, $200, $500, $1,000, $5,000 and $10,000
- Interest is determined by a fixed rate of return and a semi-annual inflation rate each May 1 and November 1
- Earnings are added monthly and interest is compounded semiannually
- Earn interest for up to 30 years
- State and local income tax-exempt
EE Bonds
- Accrual type bonds purchased at discount in denominations of $50, $75, $100, $200, $500, $1,000, $5,000 and $10,000
- Interest accrues and is paid as part of the redemption value when the bond is cashed
- Interest and rate are determined by the issue date of the bond
- Earn interest for 30 years
