TAX-EXEMPT MUNICIPAL BONDS

Learn More Tax-Exempt Municipal Bonds  CD's and Brokered CD's Request Additional Information Sign up for our Complimentary E-Mail Newsletter More...

Why Municipal Bonds?

Tax-exempt municipal bonds are among the most popular types of investments available today, and with good reason.  They offer a wide range of potential benefits, including:

• Current income genereally free from federal and, in some cases, state and local taxes.¹
• A degree of safety with regard to payment of interest and repayment of principal.
• Wide range of choices for bond rating, maturity, type of bond and geographic location to fit your investment objectives and risk tolerance.
• Marketability in case you must sell before maturity.

Municipal Bonds - Defined

Municipal bonds are debt obligations (IOUs) issued by states, cities, counties and other governmental entities to raise money to build schools, highways, hospitals, sewer systems and many other projects for the public good.

When you buy a municipal bond, you are lending money to an issuer who promises to pay you a specified amount of interest (usually paid semiannually) and return the principal to you on a specific maturity date.

Some municipal bonds may be subject to federal taxation because the federal government will not subsidize certain activities that do not benefit the general public.  If taxable municipals interest you, please contact us for more information.

To learn more about Tax-Exempt Municipal Bonds, please take a look at our brochure.  If you feel that Tax-Exempt Municipal Bonds may be of interest to you, please contact us and we'll get in touch with you.

¹ Income is generally free from federal and state taxes for residents of the issuing state. While the interest income is tax-free, capital gains, if any, are subject to taxes. Income may be subject to federal Alternative Maximum Tax (AMT).