U.S. Savings Bonds ‒ The American Savings Tradition
Since 1935, when President Franklin D. Roosevelt signed legislation creating the first “baby bond,” U.S. Savings Bonds have encouraged saving. From the Series E bond, that contributed billions of dollars to World War II financing, to today’s electronic EE and I bonds, the bond program has a rich history of changing to meet the needs of the American saver.
In the early years, savings bonds were a significant contributor to debt financing, and today they continue to be an important savings and investment tool for individuals. They also make a great gift for birthdays, baptisms, weddings, graduations or any special gift giving occasion.
If you have U.S. Savings Bonds and lost them, or can’t remember whether or not they have matured, or you are missing an interest payment, the Treasury Department has a resource for you. Simply visit the Treasury Hunt link below.
You can also learn more about savings bonds at the US. Treasury – Treasury Direct website (see links below). If you have U.S. Savings Bonds you would like to redeem, come to the credit union for the cash you need.