During the campaign, employees may purchase bonds or increase their current bond allocation through payroll deduction. Interest rates on Series EE bonds are compounded semi-annually. A minimum rate of 4 percent is guaranteed on bonds held for five or more years. The interest earned on Savings Bonds purchased in 1990 and beyond can be used to pay for a child's college or trade school education. Bonds are mailed directly to the bond-owner by the bank.
Payroll deduction provides regular, automatic savings with no commissions or fees.
The campaign is the perfect time for employees to consider buying bonds or increasing their level of participation in the U.S. Savings Bond Program.