Treasury EE bonds are savings certificates issued by the U.S. government. EE bonds are usually purchased at banks or through payroll savings plans. An EE savings bond has a listed owner or owners, and only owners are allowed to cash or redeem bonds. Series EE bonds must be at least one year old before they can be cashed, and the U.S. Treasury provides two options for doing so, depending on the amount.
Instructions
Cash In More Than $1,000
1. Collect the bonds you want to cash and make sure you have a picture identification to show you are the registered owner of the bonds.
2. Take the bonds to a bank for signature and identification verification. Sign the backs of the bonds in the presence of the verifying bank officer. The officer will also need your Social Security number.
3. Mail the EE bonds to a Treasury Retail Securities Site. Your nearest retail site can be found by entering your ZIP code on the Retail Securities Site Locator page on the Treasury Direct website (see Resource).
Redeem Less Than $1,000
4. Take the bonds to a local bank or credit union. The Treasury Direct website says that the Treasury does not maintain a list of banks that will cash savings bonds but that most banks and financial institutions will redeem bonds.
5. Provide identification showing you are an owner of the bond.
6. Cash the EE bonds at the bank. The bank will redeem properly identified EE bonds for cash.
Tags: bonds bank, Direct website, redeem bonds, Retail Securities, Retail Securities Site