How to Cash in United States Saving Bonds

Savings bonds are an investment that can be made for yourself or someone else. They usually mature after five years after purchase and continue to earn interest every six months after that. Whether you purchased a savings bond or received it as a gift, the only way to receive the funds that it represents is to cash it in. You surrender the savings bond, and are given it's cash value in return. The cash value of the savings bond is determined by the purchase amount, maturity date and accumulated interest.

At a Bank

Call the bank that handles your checking or savings account, if you have one. Call a nearby bank if your don't have any bank accounts.

Ask the bank employee about whether they cash savings bonds at their branch. If they don't cash them, ask the employee about banks that will.

Go to the bank, and let the teller know hat you will be cashing in a savings bond. Provide the teller with your identification, and sign the back of the bonds upon request.

Cashing Bonds by Mail to the U.S. Federal Reserve

Have your signature verified by a financial institution, by endorsing your bonds in front of a bank employee. You may need to explain that you only need a verification of your signature, and that you will be sending the bond yourself.

Place your savings bonds, with verification, in a manila envelope with the address for your closest office of The U.S. Federal Reserve. The mailing information is provided in Tips.

Mail your envelope to the Federal Reserve, and cash the check that is mailed back to you. You can cash a check from the Federal Reserve at any bank.


  • If you live in the western region of the U.S., send your bonds to:

    Federal Reserve Bank of Minneapolis P.O. Box 214 Minneapolis, MN 55480

    If you live in the eastern region of the U.S., send your bonds to:

    Federal Reserve Bank, Pittsburgh Branch P.O. Box 867 Pittsburgh, PA 15230