Savings Bonds
A U.S. Savings Bond is a loan made by you to the federal government. When you purchase a savings bond, you are allowing the government to pay you back in the future with interest.
Features include:
- The money you invest in the Savings Bond will receive the interest and principal repayment that is promised.
- The interest earned is tax deferred until the bond is redeemed. This helps your money grow faster than regular taxable investments such as Share Certificates.
- You can cash your Savings Bond for any reason by redeeming them at your local Altura branch.
Savings bonds make great gifts for minors.
For assistance with purchasing a Savings Bond, please visit your local Altura branch.
A one-time membership fee applies for non-members.
