
Savings Bonds are a secure, liquid investment option backed by the U.S. Government. Beginning January 1, 2012, financial institutions, including Randall-Story State Bank, will no longer be allowed to order savings bonds for you. Savings Bonds will be ordered online.
Ending the sales of paper savings bonds will save an estimated $70 million over the next five years and is a continuation of the Treasury's all-electronic initiative. Although Randall-Story State Bank is no longer able to order bonds, you still have the option of redeeming paper bonds at the bank. The Treasury offers a customer service call center at 888.333.7010 to assist clients with questions.
Savings bonds earn interest, while protecting your investment from inflation. Because they earn money until they are cashed in, they are a great long-term savings option for college funding, retirement assistance, and gift giving. Visit www.savingsbonds.gov for more information. Savings bonds are not insured by the FDIC.
Just log on to www.treasurydirect.gov/BC/SBCPrice and simply enter the series, denomination, and issue date to find out what your bonds are worth.
Additional information is also available at Randall-Story State Bank.