Reminder: Important Change to U. S. Savings Bonds
The U.S. Department of the Treasury will end the sale of paper savings bonds at financial institutions, including at Bell State Bank & Trust, on December 31, 2011. This decision is expected to save taxpayers an estimated $70 million over the next five years.
Although paper bonds are being discontinued, electronic Series EE and Series I Savings Bonds will remain available for purchase via TreasuryDirect. This secure, web-based system, operated by the Bureau of the Public Debt, has been used by investors since 2002 to purchase savings bonds online.
Planning to buy a savings bond?
Starting January 1, 2012, electronic savings bonds can be purchased online through TreasuryDirect.
Already have a paper savings bond?
Existing paper bonds are still valid and will earn interest for 30 years from the issue date, or until redeemed. Customers can continue to cash savings bonds at any one of our locations.
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