|CUs, Banks Will Cease Savings Bond Sales Dec. 31|
|Thursday, 14 July 2011 08:56|
WASHINGTON (7/14/11)--After 75 years of regular sales, savings bonds will no longer be sold at credit unions and other financial institutions as of January 1, 2012, the U.S. Treasury has reported.
Series EE and I savings bonds will still be made available for purchase via the Treasury's online purchase platform, TreasuryDirect. Consumers can also use the Treasury's online platform to convert existing paper bonds into electronic bonds and to purchase savings bonds via a payroll savings plan. Read more…