The Series EE Bond is an appreciation-type security that is purchased for 50% of the bond's face amount.

Face values range from $50 to $10,000 at a cost of $25 to $5,000 and may be redeemed 12 months after the issue date. If you cash in your bond before 5 years, you will forfeit 3 months of interest.

FEATURES

• Various denominations purchased at half their face value.
• Face values range from $50 to $10,000.
• 12 months from issue, may be redeemed for cash.
• May be replaced if lost, stolen, mutilated or destroyed
• Bonds purchased at Citizens will be mailed to customer within 15 days by the Federal Reserve Bank
• Bonds issued January 2003 or earlier can be cashed or exchanged for a Series HH bond.
• Savings Bonds are backed by the United States Government.

Series EE Bonds may be registered to individuals in one of four ways.

• Single owner - One owner, only the registered owner may redeem.
• Co-owners - Two owners, either party may cash the bond.
• Fiduciary - See a Customer Service Representative.
• Single Owner/Single Beneficiary - Only the registered owner may redeem the bond during their lifetime. Upon death of the original owner, the beneficiary becomes the owner of the bond.

A bond may be purchased at any Citizens location.