| Savings Bonds |
Bellwood Federal Credit Union is a fiscal agent of the U. S. Treasury Department for the sale and redemption of Savings Bonds. When you come in to purchase a savings bond, the credit union will accept your order and payment, then forward both to the Federal Reserve Bank in Richmond, VA.
The Federal Reserve Bank issues the bond and sends it directly to you or someone you may be purchasing it for. Your bonds earn interest from the first day of the month in which you make payment.
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