The Department of the Treasury's Bureau of the Fiscal Service (Fiscal Service) and the Federal Reserve’s Treasury Retail Securities Site are continuing to provide savings bond paying agents with access to information on the U.S. Savings Bond Program redemption process through multiple Federal Reserve Bank communication channels. We want to remind you that the dedicated Savings Bonds News You Can Use page features a variety of resources we have gathered to assist you. We encourage you to bookmark the page and check back often for updated content.
Examples of what you’ll find on the News You Can Use page include:
- Savings bonds tips
- Frequently asked questions
- Related communications
- Contacts who can help answer your questions
Look for savings bonds news – such as the topics below – to appear quarterly in future Fed360 issues.
Savings Bond Paying Agent Community quarterly meeting
The Savings Bond Paying Agent Community recently explored savings bond fraud, courtesy of a Fiscal Service specialist who walked through visual examples of actual fraudulent securities and provided tips for how to recognize them. Community members also shared best practices for bond valuation, determining ownership, future meeting topics and challenges with processing savings bonds.
Interested in becoming a community member and attending future meetings? Your financial institution is eligible to register up to three individuals as points of contact for the community. Sign up (Off-site) today! If you want more information about membership or about the fraudulent securities presentation, send us an email.
The Savings Bond Paying Agent Community began in 2017 as a way to promote communication, engagement and collaboration between financial institutions that serve as paying agents, Fiscal Service and the Federal Reserve Banks. The community meets quarterly so members can collaborate and share best practices, discuss challenges, propose solutions and discuss potential new technologies and improvements.