Redeeming savings bonds is an easy way for your financial institution to provide additional service to your customers. The Treasury Retail Securities site at the Federal Reserve Bank of Minneapolis and the U.S. Treasury’s Bureau of the Fiscal Service offer an array of free resources that make being a savings bond paying agent rewarding for your customers and you.
For more information about savings bonds for financial institutions, read Savings Bonds: An easy addition to your financial portfolio (PDF), a brochure that describes the processing options associated with paying U.S. Savings Bonds.
Redeemed paper savings bonds may be sent via image cash letters (ICLs) using the FedForward® Service. The Federal Reserve Banks now accept image-eligible redeemed savings bonds in FedForward ICLs. Information regarding image-enabled processing of redeemed paper savings bonds, including Frequently Asked Questions, can be found via the Image-enabled Savings Bond Processing page.
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