Series EE Bonds

  • Safe
  • Affordable
  • Easy to purchase
  • Make great gifts
  • Multiple tax advantages
  • Finance education
  • Retirement planning
  • Cost as little as $25 for a $50 bond
  • Interest earned is exempt from State income tax
  • Interest earned is deferred from Federal income tax until redeemed
  • Protected earnings for up to 30 years
  • Interest is compounded semiannually
  • Earn 90% of the average yield on 5-year Treasury securities
  • Rate changes every 6 months
  • May cash after twelve months
  • Three month interest penalty if redeemed within first five years


Series I Bonds

  • Safe
  • Affordable
  • Multiple Tax advantages
  • Make great gifts
  • Easy to purchase
  • Sold at face value
  • Grow with inflation
  • Protected earnings for up to 30 years
  • Invest as little as $50 or as much as $30,000 per year
  • Interest earned is exempt from State income tax
  • Interest earned is deferred from Federal income tax until redeemed
  • Interest is compounded semiannually
  • Can be cashed after twelve months
  • Three month interest penalty if redeemed within first five years

Copyright © 2004 Kanabec State Bank

Phone: (320) 679-3131 · Fax: (320) 679-2808

730 Forest Avenue East · Mora, MN 55051