Personal banking programs that maximize your potential

Online BankingOnline Banking Log-in Get Info

 
U.S. SAVINGS BONDS
You are here: Home > Personal Banking > Savings Accounts > U.S. Savings Bonds
Stop in any banking center to purchase U.S. Savings Bonds, or with your Monroe Bank online banking account, you can purchase them online! Monroe Bank offers Series EE and Series I bonds, from values of $50 to $10,000.
SERIES EE BONDS
  Series EE savings bonds are sold at one-half face value (a $100 bond costs $50). The Series EE savings bond is a security that accrues interest (that is, increases in value) until it is cashed or reaches final maturity in 30 years. The "double E" is the successor to the Series E bond (also an accrual bond) that was issued from May 1941 through June 1980. Series EE Bonds earn interest and grow in value as follows: Series EE savings bonds bought on or after May 1, 1997 will earn interest based on 5-year Treasury security yields right from the start. The new rate for EE bonds will be 90% of the average yields on 5-year Treasury securities for the preceding six months. EE bonds increase in value every month, and interest is compounded semiannually.
SERIES I BONDS
 

Series I savings bonds are sold at face value (a $100 bond costs $100) and grow with inflation-indexed earnings for up to 30 years. Like Series EE savings bonds, Series I savings bonds are U.S. Treasury securities backed by the full faith and credit of the United States Government. I Bonds will usually increase in value every month, and interest is compounded semiannually. The I Bond earnings rate is set by a combination of two separate rates: a fixed rate of return and a semiannual inflation rate. Each May and November, the Treasury announces a fixed rate of return that applies to all I Bonds issued for the next six months. Also, every May and November, the Treasury determines a semiannual inflation rate based on changes in the Consumer Price Index for all Urban consumers (CPI-U). The semiannual inflation rate is then combined with the fixed rate of an I Bond to determine the bond's earnings rate for the next six months.

For additional information about Series EE or Series I U.S. Savings Bonds, visit www.savingsbonds.gov.

 

   
RATES
 

Get the latest rates on all our products
Enter ZIP code: