Where to Cash in US Savings Bonds

If you're holding savings bonds received or purchased over the years, there are lots of places to cash them. Whether you have a bank or not, the government is happy to give you currency for those federal securities. Many options are available for cashing in your U.S. savings bonds.

Cashing at a Bank for Account Holders

Banks will cash savings bonds for their customers as a normal transaction. The cash yielded can then be deposited in the customer's account or turned over.

Cashing at a Bank for Non-Account Holders

For those without a bank account, a bank should still cash the bonds, since they're government-backed securities. You'll need to bring federal-issued identification in order to have the bonds cashed.

Cashing Through Treasury Direct

The Treasury Direct site will cash bonds that are purchased through the website digitally. All that's needed is registration on the site, which takes place at the time of bond purchase.

Using a Bond Broker

If you have a significant amount of bonds, it may pay to commission a broker to sell your certificates. If you have a money manager or broker, speak to them about adding your bonds to their sell list.

Credit Unions

Credit unions also take savings bonds. Call your local credit union office and ask they'll take your savings bonds, even if you're not a member. Those with memberships can redeem the bonds with no problem.

Resources

• Bankrate: How to Cash in U.S. Savings Bonds
• eHow: How to Cash in Savings Bonds
• USA Today: In Need of Cash? Check Savings Bonds