Savings Bonds offer a safe investment for conservative investors! U.S. Savings Bonds are fully backed by the U.S. Treasury and are guaranteed to never lose their initial investment. Plus, you don't pay state or local tax on the interest your bonds earn.
Land of Lincoln Credit Union is no longer selling U.S. Savings Bonds directly in their branches, but you can purchase them on-line by visiting www.treasurydirect.gov/. The site from the United States Treasury also provides current rates, specific product information, FAQs and directions for purchasing U.S. Savings Bonds and other Securities.