A savings bond represents a loan made to the United States by an investor. United States Savings Bonds are registered securities backed by the full faith and credit of the United States; they cannot be sold in a secondary securities market or used as collateral. Bonds can be replaced at no cost if lost, stolen, or destroyed.

You may purchase or redeem savings bonds at any Ohio Catholic branch location FREE of charge. For detailed information on US Savings Bonds please visit the U.S. Treasury website. www.savingsbonds.gov.

EE Savings Bonds – Sold at half their face value; i.e., you pay $25 for a $50 bond but it’s not guaranteed to reach face value until it reaches maturity in 20 years.
I Savings Bonds – Sold at face value; i.e., you pay $50 for a $50 bond.