First Federal Bank offers two types of government bonds issued by the United States Treasury Department. You can choose from Series I and Series EE Bonds.

Series I Bonds

• Sold at face value.
• Offer a real rate of return over and above inflation.
• Buy as much as $30,000 per year.
• Can be redeemed anytime after 6 months, if purchased before February 1, 2003. All bonds purchased from that date forward can be redeemed anytime after 12 months.
• Backed by the full faith and credit of the United States.
• Available in denominations from $50 to $10,000.

Series EE Bonds

• Sold at half their face value.
• Earn rates based on five-year Treasury securities.
• Buy as much as $15,000 per year.
• Can be redeemed anytime after 6 months, if purchased before February 1, 2003. All bonds purchased from that date forward can be redeemed anytime after 12 months.
• Backed by the full faith and credit of the United States.
• Available in denominations from $50 to $10,000.

You'll find more information about the I Bond and Series EE Bond on the Savings Bond Web site www.savingsbonds.gov.