savings bonds redemption

Something I had put off a long time.

I got out some paper U.S. Savings Bonds that I knew had matured some time ago and were no longer earning interest. There is an online tool that will tell you the status of any that you might have.

I took them to the bank and redeemed ’em. It’s not something that happens frequently, so it took the lead teller to assist.

The bonds had the bank names on them from where they were bought: Valley Bank of Phoenix and Triad Bank of Greensboro. Both of those names are now gone. I remember Valley National had a great retro logo.

Now I have a little mad money! 💰👍

Savings Bonds were once a popular way to save money and were often given as gifts.

2 responses to “savings bonds redemption

  1. Good for you! The Romanian government issued a new series just recently, but meh.

    • Same “meh” from this end, too. There were times the US bonds paid nice interest, once topping out at nearly 7%, but now everything is near zero everywhere. No need to buy more at that rate.

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