Shares & Savings

Who can own bonds?

Series EE bonds may be bought by individuals, corporations, associations public or private organizations, and fiduciaries.

You can own U.S. Savings Bonds if you have a Social Security number and you're a resident of the United States residing abroad, or a civilian employee of the United States regardless of residence. (Note: If your career plans include becoming Secretary of the Treasury or the Treasurer of the United States, you should know that while you're in one of those jobs, you can't buy savings bonds!)

GETTING WHAT YOU WANT OUT OF LIFE DOESN'T HAVE TO MEAN PUTTING YOUR HARD-EARNED MONEY AT RISK...

U.S. Savings Bonds are a safe, easy way to save money and a solid addition to your investment portfolio. Over 55 million people are taking advantage of Savings Bonds' competitive rates. Whether you select Treasury's new I Bond or the Series EE Bond, your money is guaranteed to grow and remain safe into the future.

6 GREAT REASONS TO BUY SAVINGS BONDS

They are...

The Patriot Act

The Patriot Act was passed by Congress following the September 11 attacks and is intended to protect the country from money laundering and terrorist financing. Part of the Act requires credit unions to verify the identity of everyone doing business with them. Beginning October 1, 2003 new credit union members who want to open an account will be asked their names, address, tax identification number, date of birth and may be required to show proof of this information. Existing members will be asked for identification information as they open new

You know what you want. You know how much it costs. Now all you need to do is figure out how you're going to pay for it. Planning for a purchase may make you less anxious about spending than putting it on plastic. And that requires saving.

Your goals often dictate which savings vehicles are best. Are you saving for a long-term goal--college--or for a short-term goal--that sporty new convertible? Is waiting a year or two an option? Here are some savings vehicles and ways you can use them to meet your goals.