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I don't have an account at any bank. But when I looked it up on the treasury it said.
. Your Financial Institution’s Responsibility
• Required: Your financial institution is required to cash bonds/notes eligible for payment for a customer with the
proper identification. For purposes of this guide, a customer is any person presenting bonds at your financial
institution, whether or not they have an account.
April 23, 2015 08:24:58 AM
In reply to Ryan, levittown
Welcome to TD Helps, Ryan and thank you for sending your question this way.
We'll be happy to clarify that both TD Customers and Non-TD Customers may redeem Series I and EE/E U.S. Savings Bonds (when the bonds are 12 months old) at any TD Bank Store location, with proper ID. To find out TD Store locations and hours near you, please visit, http://bit.ly/TDStores.
Please kindly 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 redeemed value 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.
For current interest rates and redemption values, including interest earned, you can also call 1-800-US-BONDS (1-800-872-6637) or access the U.S. Government Bonds website at www.savingsbonds.gov.
If you are interested in redeeming other series bonds, such as Series H/HH, please contact the Federal Reserve at 1-800-245-2804 or visit www.treasurydirect.gov.
We hope the information provided help. Let us know if you have any further questions. Have a great one.
LiShu R, Mount Laurel
April 23, 2015 08:27:52 AM