Holding US Savings Bonds After Interest Has Stopped*

Unbiased financial information provided by Financial Wisdom.

United States Savings Bonds have been one of the most popular ways for Americans to save for over 75 years. As a result of purchases or gifts, more than 55 million people currently own over $180 billion in savings bonds.

But, some savings bonds have quit earning interest. Savings bonds earn interest for different lengths of time depending on the series and when the bond was issued. It is important to check any savings bonds you have to make sure they are still earning interest. This is especially true for the popular Series E bonds and savings notes. Many individuals have savings bonds stored away in safe deposit boxes or drawers and probably aren’t aware of the maturity dates.

The following savings bonds no longer earn interest (as of 11/1/17):

If your savings bonds have stopped earning interest, you should cash them in or exchange them.

The savings bond web site, (www.savingsbonds.gov) provides information about the savings bond program and offers a tool called Savings Bond Wizard. This “wizard” can help track values, maturity dates and other information about savings bonds.

Many individuals have forgotten about savings bonds purchased decades ago. If you think you may have some savings bonds, it is a good idea to find them, make sure they are still paying interest and include them in your total financial planning activities.

* Non-Deposit investment products (NDIP) are not insured Adams Community Bank deposits and are not FDIC insured. These products are not endorsed, recommended, or guaranteed by Adams Community Bank or any government agency. The value of investments may fluctuate, the return on investments is not guaranteed, and loss of principal is possible.