Where Do I Cash in an EE Savings Bond?

An EE Savings Bond is a type of security available through the U.S. government. It can be cashed in at a variety of locations, allowing bond owners some choice.

Federal Reserve Bank

You may cash in bonds at a branch of the Federal Reserve. Federal Reserve banks are located in San Francisco, Boston, Cleveland, New York, Philadelphia, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City and Dallas.

Banks

The financial institution where you hold your checking or savings account is another option for cashing in an EE bond. Sometimes banks will cash bonds for nonclients but may place a limit on the dollar amount they are willing to cash at one time.

Other Financial Institutions

Some credit unions and savings-and-loan organizations will cash bonds for noncustomers for free or a nominal fee.

Online

Bonds can be cashed online through the Treasury Direct website (see Resources).

Considerations

Proper photo identification must be presented to cash a savings bond. Call the financial institution first to see if it has any additional requirements.

Resources

• Treasury Direct
• Federal Reserve Banks
• Find a bank through the FDIC
• Find a credit union