Changes to U.S. Savings Bonds
posted
on Tuesday, November 29, 2011
in
Personal Banking
Planning to buy a savings bond?
Paper savings bond will no longer be sold at financial institutions after December 31, 2011. However, they are not going away - electronic savings bonds can be purchased online through Treasury Direct.
Already have paper savings bonds?
Existing peper bonds are still valid and will earn interest for 30 years from the issue date or until redeemed. You can continue to cash savings bonds at First National Bank.
With TreasuryDirect, you can safely and securely:
- Buy, manage and redeem electronic savings bonds
- Convert paper savings bonds to electronic
- Purchase electronic savings bonds as gifts
- Purchase other Treasury securities, including bills, notes, bonds and TIPS.
Stop worrying about misplacing or storing paper savings bonds and start managing them through your savings online at TreasuryDirect.