Baylake Bank eNews. Member FDIC
Donít Hold US Savings Bonds after Interest Has Stopped

invest? stock. cash. bond.Do you have savings bonds that have matured and stopped earning interest? If so, it's time to cash them in, or reinvest them, and get your money working for you again.

United States Savings Bonds have been one of the most popular ways for Americans to save for more than 75 years. As a result of purchases or gifts, more than 55 million people currently own over $180 billion in savings bonds.

But some savings bonds have stopped earning interest. Thatís because they earn interest for different lengths of time depending on the series and when the bond was issued. Many individuals have savings bonds stored away in safe deposit boxes or drawers and probably arenít aware of the maturity dates. It's important to check your savings bonds periodically to determine if they're still earning interest. This is especially true for the popular Series E bonds and savings notes.

The following savings bonds no longer earn interest (as of 5/5/12):

Series Issue Date
EE January 1980 through May 1982
HH January 1980 through May 1992
Savings Notes  All issues
A, B, C, D, E, F, G, H, J, K All issues

Many individuals have forgotten about savings bonds purchased decades ago. If you think you may have some savings bonds, it is a good idea to find them, make sure they are still paying interest, and include them in your overall financial plan.

The savings bond web site,* , provides information about the savings bond program and offers a tool called Savings Bond Wizard. This "wizard" can help track values, maturity dates, and other information about savings bonds.


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*The link to this external website is not managed by Baylake Bank. We do not warrant or guarantee that the information on the external website you are about to visit will be accurate or up to date or subject to our privacy policy.  If you feel the website you are about to visit contains inappropriate content or if it is no longer available, please contact Baylake Bank.

Please note that Baylake Bank will never ask you to reveal or confirm any personal or account information from an email. We value and respect your email privacy. EHL - Member FDIC

Baylake Bank | 217 N. 4th Avenue | Sturgeon Bay, WI 54235 | 1-800-267-3610