Savings bonds are backed by the full faith and credit of the United States Government and are an attractive investment due to their affordability and rates. These are available in numerous denominations and easily redeemed when needed.
As of December 31st, 2011, all savings bond purchases must be made online at www.treasurydirect.gov. You may redeem existing series E, EE and I bonds at any MEFCU branch.
Tax advantages may apply, including a special program when bonds are used for higher education!
For general information on savings bonds, including rates, visit www.savingsbond.gov.