savings bonds

Savings Bond Information Center > Buying A U.S. Savings Bond At A Bank

Buying A U.S. Savings Bond At A Bank

Banks & Financial Institutions
EFFECTIVE: 1/1/2012  You can no longer purchase paper EE Savings Bonds or I Savings Bonds at a local bank, financial institution or credit union. As of 1/1/2012, the Treasury Department started issuing electronic savings bonds only. Note: The Treasury Dept. will still issue paper savings bonds if you are Replacing Lost Bonds or Changing a Beneficiary/Co-Owner Name. See the current savings bond rates for bonds available for purchase.

How to get free advice & strategies about U.S. Savings Bonds
Register for our free SavingsBonds.com News Tip. Our helpful tips include investor strategies, useful rules and regulations and access to savings bond experts, all for FREE!

Federal Reserve Banks (FRBs) have discontinued selling paper savings bonds as well
Since you can no longer walk into an FRB to buy/redeem savings bonds, you can click here to learn more about buying electronic bonds online. Click here if you would like to contact the Federal Reserve Branch that services your area to receive any further details.

SavingsBonds.com Fact: Although it is best to buy a bond late in the month, be certain that there isn't any required clearing time. 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.

Other Savings Bond Topics
Pay for College with Tax Free Earnings - Ted Franklin describes why the stock market, mutual funds, 529 and Coverdell Plans may be some of the worst places to invest your hard earned money
Education Bonds - an in-depth look at using Savings Bonds for tax-free education
Taxes on Savings Bonds - can you avoid paying taxes on bonds? cash vs. accrual methods for reporting interest
The Crisis In Savings Bonds - an extensive, highly-researched, 28-page, full-color document with graphs and credible source notes
Tax-Free Savings Fund - learn how to setup a tax-free college savings account using US savings bonds



Share

Home | Login | Contact Us | Site Feedback | Privacy Statement | Links
© Copyright SavingsBonds.com | UIS Inc. Jan 1997 - Dec 2017