U.S. Savings Bonds:

Savings bonds are registered securities backed by the full faith and credit of the United States.  Savings bonds are a great addition to your savings portfolio.  You can purchase and redeem Series EE and Series I bonds at the Post Office Emloyees Federal Credit Union.

Series EE bonds are purchased at a discount (1/2 face value).  Interest accumulates and is paid as part of the bond's redemption value when the bond is cashed.  Bonds earn interest for 30 years (original maturity is 17 years).

Series I bonds are purchased at face value.  Interest on this type of bond also accumulates and is paid at redemption.  Bonds earn interest for 30 years (original maturity is 20 years).

For more information go to SavingsBonds.Gov.