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Buying A U.S. Savings Bond At A Bank
Buying A U.S. Savings Bond At A Bank
Banks & Financial Institutions
Your local bank, credit union, or financial institution should be able to sell you a Series EE or Series I Bonds. Always bring your Social Security Number, or the Social Security Number of the person you are buying it for if it is a gift. Be careful, changing Social Security Numbers later can create a taxable event.
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If there are no banks in your area that will sell you a US Savings Bond
As banks merge, fewer & fewer banks are offering savings bond services. Federal Reserve Bank Branches (FRB) will also sell you savings bonds. However, you can no longer walk into a branch and buy or redeem savings bonds. Contact the Federal Reserve Branch that services your area to receive further details on how to buy savings bonds.
SavingsBonds.com Fact: Although it is best to buy a bond late in the month, be certain that the bank does not require any clearing time if you are paying by check. This could change the issue date on your bond and it may push back the month and year of the issue date printed on the bond to the next month. |
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