Mobiloil Credit Union

Savings Bonds

Buying bonds regularly is one of the easiest ways to invest today so you can enjoy tomorrow! savings bonds can be purchased, managed and redeemed online at http://www.treasurydirect.gov/. A TreasuryDirect account must be opened to purchase electronic savings bonds and/or to convert paper savings bonds to electronic ones. Lost, stolen or destroyed paper bonds can be reissued in paper or electric forms online at the website listed above.

Series EE

Series EE bonds are Treasury securities that earn interest at market rate for up to 30 years. The purchase price of a bond is 50% of its face amount. For example, a $100.00 bond costs $50.00. Interest is added to the redemption value every month and paid to the investor when the bond is redeemed.

I Bonds

I Bonds are sold at face value and grow with inflation-protected earnings for up to 30 years. They are very affordable. You can invest as little as $50.00 or as much as $30,000 per year. They are U.S. Treasury securities backed by the full faith and credit of the United States Government. You can also defer federal taxes on earnings for up to 30 years and they’re exempt from state and local income taxes. I Bonds pay a rate of return over and above changes in the Consumer Price Index for all Urban Consumers (CPI-U).

Have a question? Contact us online, give us a call at 409.892.1111, Toll Free at 800.892.1111 or stop by a location close to you for any questions you may have. We’re here to help.