For Financial Institutions — TreasuryDirect (2024)

Banks and credit unions can redeem savings bonds over the counter. Find out more about becoming an agent and redeeming savings bonds.

On this page:

Steps to Becoming an Agent

Resources for financial institutions

Find Your Local FRB Representative

Guide to Cashing Savings Bonds

How to clear redeemed bonds:

  • Financial institutions must use image-based or paper check processing for the savings bonds and savings notes they redeem.

Savings bonds news your financial institution can use

Savings Bond Pro® Software

Redemption Tables

Handouts for Your Customers

Find Your Local FRB Representative

For Financial Institutions — TreasuryDirect (1)

Free Download

Guide to Cashing Savings Bonds

The Guide to Cashing Savings Bonds outlines your responsibilities and liability as a qualified agent for redeeming savings bonds. It describes procedures for verifying and documenting the identity of a customer redeeming savings bonds and lists acceptable forms of identification.

For Financial Institutions — TreasuryDirect (2)

Savings Bond Pro® Software

As an Agent capable of helping your customers redeem their Savings Bonds, you can use TreasuryDirect’s free Saving Bond Pro® software to make redemptions even easier!

  1. Redeem savings bonds
  2. Edit and summarize transactions
  3. Print redemption tables
  4. Print gift certificates
  5. Reduce liability in cases of fraud

Savings Bond Pro is free to all our agents. To order Savings Bond Pro, ask for more information, suggest enhancements, or request technical support, please contact us.

For more details, follow these links:

For Financial Institutions — TreasuryDirect (3)

Redemption Tables

Redemption tables allow you to find the values and interest earned for Series EE savings bonds, Series E savings bonds, Series I savings bonds, and Savings Notes issued as far back as 1941.

Select the link below for redemption tables containing redemption values from March 1999 to May 2023. No further updates will be made. For redemption values after May 2023, use the Savings Bond Calculator

Redemption Tables

For Financial Institutions — TreasuryDirect (4)
For Financial Institutions — TreasuryDirect (2024)


Is TreasuryDirect a legitimate company? ›

About is the one and only place to buy and redeem U.S. savings bonds and other securities directly from the U.S. Treasury!

Is TreasuryDirect a bank account? ›

What is TreasuryDirect? TreasuryDirect is a Web-based system that allows investors to establish accounts to purchase, hold, and conduct transactions in Treasury securities online.

Do financial institutions have to cash savings bonds? ›

Financial institutions now have the option 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.

Who can certify TreasuryDirect account authorization? ›

Who may certify signatures in the U.S. We require the notary public's seal or stamp. We require the institution's seal or signature guarantee stamp. If the institution is an authorized paying agent for U.S. Savings Bonds, we require a legible imprint of the paying agent's stamp.

What are the disadvantages of TreasuryDirect? ›

Securities purchased through TreasuryDirect cannot be sold in the secondary market before they mature. This lack of liquidity could be a disadvantage for investors who may need to access their investment capital before the securities' maturity.

Is there a fee for TreasuryDirect? ›

TreasuryDirect is free. There are no fees, no matter how much or how little you invest. You may hold both savings bonds and Treasury marketable securities in TreasuryDirect. Your securities in TreasuryDirect are electronic, so you don't have to worry about them getting lost, stolen, or damaged.

Who runs TreasuryDirect? ›

Information dealing with the purchase, redemption, replacement, forms, and valuation of Treasury savings bonds and securities is located on the website which is managed by the Bureau of the Fiscal Service.

Who operates TreasuryDirect? ›

TreasuryDirect is a website run by the Bureau of the Fiscal Service under the United States Department of the Treasury that allows US individual investors to purchase treasury securities, such as savings bonds, directly from the US government.

Is TreasuryDirect secure? ›

To help guard your privacy, our site uses data encryption - the Secure Sockets Layer (SSL) protocol - to protect sensitive Web pages. If a Web page has an address that begins with "https://" rather than "http://" then it uses encryption.

Can a bank refuse to cash a savings bond? ›

Another reason to contact your financial institution before heading to a branch is that some banks may not cash all types of bonds.

How much is a $100 savings bond worth after 20 years? ›

How to get the most value from your savings bonds
Face ValuePurchase Amount20-Year Value (Purchased May 2000)
$50 Bond$100$109.52
$100 Bond$200$219.04
$500 Bond$400$547.60
$1,000 Bond$800$1,095.20

How long does it take to get money from TreasuryDirect? ›

You just bought a security from the U.S. Treasury. Securities are generally issued to your account within two business days of the purchase date for savings bonds or within one week of the auction date for Bills, Notes, Bonds, FRNs, and TIPS.

How does TreasuryDirect verify identity? ›

To do so, you must fill out Form 5444 , which is designed to prevent fraud when opening the online TreasuryDirect account. The process involves going to go to a bank or credit union to get a seal or stamp of a notary or a "signature guaranteed" seal or stamp to verify your identity.

How do I fund my TreasuryDirect account? ›

You fund your TreasuryDirect account through your bank account or by payroll deduction. Securities you buy in TreasuryDirect are electronic, not paper. If you hold savings bonds in paper form, you can convert them to electronic securities in TreasuryDirect.

Why was my TreasuryDirect account not verified? ›

That happens when you use an address that is not on your bank account, or transpose an account number. The Treasury is very stick about this. You can try to call them early in the morning at 844-284-2676 to find out exactly what the problem is. Otherwise you have to file that 5444 form.

Is the TreasuryDirect website safe? ›

Your privacy is of the highest concern to us at the Bureau of the Fiscal Service. To help guard your privacy, our site uses data encryption - the Secure Sockets Layer (SSL) protocol - to protect sensitive Web pages.

How secure is TreasuryDirect? ›

Re: How secure do you think Treasury Direct is? It's so secure, even legit account owners are locked out. I believe someone would need to have access to both TD and your bank account to get money out.

Is TreasuryDirect a government site? ›

TreasuryDirect is the online platform through which investors can purchase federal government securities directly from the U.S. Treasury.

Is TreasuryDirect a government website? ›

Information dealing with the purchase, redemption, replacement, forms, and valuation of Treasury savings bonds and securities is located on the website which is managed by the Bureau of the Fiscal Service.

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