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Savings Bond InformationYou can purchase and redeem savings bonds at SLFCU.
You can purchase Series I or EE bonds at SLFCU. Purchase in person or over the phone, 505-293-0500 or 800-94-SLFCU. Series EE bonds are purchased at half their face value while Series I bonds are purchased at their full face value.
When purchasing a savings bond it is preferred to know the social security number of the individual who is receiving the bond (bond owner), though it is not required - the social security number of the purchaser of the bond may be used in lieu of the bond owner's number. You must know the bond owner's first and last name, the bond owner's address, and the desired bond face value. The bond must be paid for at the time of issue and may be mailed to either the owner or the purchaser. The bond will arrive in four to eight weeks.
For more savings bond information visit the US Treasury.
If you have U.S. Savings Bonds that you'd like to cash, bring them to the Credit Union -- it's another free service designed for your convenience.
You can redeem your Series E and Series EE Bonds and Savings Notes anytime after 6 months from the date of issue if the bonds were purchased prior to February 2003. Bonds purchased from February 2003 to the present must be at least one year old before they may be redeemed. A Financial Services representative can determine the value of your bonds and redeem them for you. All you (as owner or co-owner) need to do is complete and sign the back of the bonds. The funds will be credited immediately to your share or share draft account, or, if you are not a Credit Union member, you will receive a draft for the appropriate amount.
If you have a large number of bonds to redeem, please remember that, due to signature and forms required, it may take some time to complete your transaction.
For more information, call or visit a Financial Services representative at the SLFCU office nearest you.
Track Your Savings Bonds with the US Treasury's free Redemption Value Wizard.
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