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my son has two gift certificate savings bonds from federal reserve bank will i be able to cash them at my bank which is TD?
September 1, 2015 09:49:15 AM
2 people recommended this |
In reply to Erica, philadelphia
Thanks for asking your question here on TD Helps, Erica.
We'd like to take this opportunity to let you know that you may certainly redeem Series I and EE/E U.S. Savings Bonds (when the bonds are 12 months old) at any TD Bank Store location during lobby hours. To find out TD Store locations and hours near you, please visit, http://bit.ly/TDStores.
Please keep in mind that government regulations require that Non-TD Customers and TD Customers with a bank relationship 6 months or less can redeem up to $1,000.00 at any one time with proper ID. We also recommend that you record your own Social Security Number on the back of the bonds. It's your responsibility for claiming the interest gained and it will be sent via 1099 at the end of the year for tax reporting purposes.
You can also call 1-800-US-BONDS (1-800-872-6637) or access the U.S. Government Bonds website at www.savingsbonds.gov for current interest rates and redemption values, including interest earned.
Hope this helped, Erica. Please have a great week.
Sandy D, Mount Laurel
September 1, 2015 10:01:44 AM