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Savings Bonds

Savings Bonds:

  • Available from the U.S. Department of the Treasury 

Series EE Patriot Bond

  • Accrual-type security (interest is paid when the bond is cashed)
  • Interest is added monthly and compounded semi-annually
  • Sold at 50% of the face value of bond
  • Earns interest for up to 30 years

Series I Bond

  • Accrual-type of security (interest is paid when the bond is cashed)
  • Earnings are inflation-indexed. The earnings rate is calculated as a combination of a fixed rate of return and a semiannual inflation rate based on CPI-U
  • Interest is generally added monthly and compounded semiannually
  • Sold at face value
  • Earns interest for up to 30 years

Discover the CNB difference.

As the only local, full-service, community-owned financial institution in the Greater Rochester Area, CNB is investing in you, your business, and your community. We have a variety of personal savings options with different levels of earning potential, including interest-bearing accounts, savings bonds, CDs with short and long-term rates, installment accounts and more.