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U.S. Savings Bonds

Important Change to U.S. Savings Bonds

Planning to buy a savings bond?

Paper savings bonds will no longer be sold at financial institutions after December 31, 2011. But they’re not going away – electronic savings bonds can be purchased online through TreasuryDirect. The U.S. Department of the Treasury has decided to eliminate the sale of paper bonds to save the taxpayers an estimated $70 million over the next five years.

Do you already have paper savings bonds?

Existing paper bonds are still valid and will earn interest for 30 years from the issue date or until redeemed. You can continue to redeem paper bonds at Naugatuck Savings Bank.

Open a free TreasuryDirect account today!

With TreasuryDirect you can safely and securely:

  • Buy, manage and redeem electronic savings bonds
  • Convert paper savings bonds to electronic savings bonds
  • Set up a simple payroll savings plan to automatically invest in savings bonds
  • Purchase other Treasury securities including bills, notes, bonds and TIPS (Treasury Inflation-Protected Securities)

Sign up today at www.treasurydirect.gov

If you want to purchase paper savings bonds, you must do so by Saturday, December 31, 2011. Please visit any one of our conveniently located branches to place your order.

If you have any questions, please call our Contact Center at 203.729.4442, toll free 877.729.4442 or visit your local branch.