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Why does the Credit Union not cash U.S. Savings Bonds?

July 25, 2016

Most U.S. government bonds have been converted to electronic issue. Paper U.S. bonds require special handling capabilities to present the bonds to the government for payment. We are currently evaluating the necessary procedures and technologies to accept these bonds. Information for redeeming government-issued savings bonds can be found on the US Treasury website.

— Scott C.