Savings Bonds

Like other Lake Trust Credit Union members, you may want to learn more about, or even purchase, U.S. savings bonds. The best way to do that is to visit the Bureau of the Public Debt U.S. Department of Treasury website°. There you'll find information about the various types of savings bonds, interest rates, online applications, and more.

Just as a reminder, we do not sell or redeem savings bonds at any of our branch locations. This information is provided as reference only.

Types of Savings Bonds

As a savings bond owner, you either receive your interest now or later, depending on which series of savings bonds you own.

Series E/EE bonds and savings notes

You purchase these bonds at less than their redemption value. As you hold the bonds, interest accrues, and the value of the bonds increases. When you cash in an E/EE bond or savings note at maturity, you receive the redemption value, which includes your original investment plus the interest you earned while holding the bond.

I Bonds

I Bonds are sold at face value. You pay $50 for a $50 bond, which grows in value with inflation-indexed earnings for up to 30 years. Interest is added to the bond monthly and paid when the bond is cashed.

Visit the Bureau of the Public Debt°
 

Savings bonds are offered only by the Bureau of Public Debt. While Lake Trust can provide information to help you decide if savings bonds are a good investment for you, we cannot be responsible for bond redemption or collection.

°Third-party website, Lake Trust Credit Union is not responsible for the content, availability, security or compliance of any linked third party websites. In addition, the site's privacy policies may differ from those of Lake Trust.