Key change made to The Guide to Cashing Savings Bonds

January 12, 2022

We understand the past year and a half has been rough for many organizations and now many of you are seeing an uptick in fraud regarding savings bonds. We know our banking partners have the same goal of protecting U.S. citizens that we have at Treasury. To support that goal, we have updated The Guide to Cashing Savings Bonds (Off-site) to provide more flexibility to financial institutions that serve the citizens of this great country.

There is one key change to this guide that we want to call to your attention. Moving forward, we have created the option for financial institutions to not cash savings bonds for both non-customers or new customers. Our Secret Service partners recommend that a customer be established for 12 months before cashing bonds at a financial institution. Where prior guidance directed financial institutions to cash bonds in both situations, the updated guide leaves this choice up to the financial institution.

Please direct your customers to (Off-site) for information about how to cash their bonds. As always, you can direct any customer or non-customer with questions directly to the Treasury via email (Off-site).

Most importantly, we want to thank you for your years of service in helping us provide our citizens a way to save and work towards becoming financially stable.

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