Whether you’ve received them as a gift or purchased them yourself, Columbia Bank makes it easy to cash in savings bonds. Simply bring your bond certificate to any of our local branches and present a valid I.D. for savings bond redemption. Our friendly representatives will help make sure you receive all your bond proceeds, including any interest the savings bond has accrued. Columbia Bank will keep careful record of your savings bond redemption and will provide you with the necessary documentation, as well. Keep in mind that if you redeem savings bonds before full maturity, accrued interest may be lost or you may have to pay a penalty. Give us a call or stop by a Columbia Bank branch today for more information about how to cash savings bonds.

Ordering Savings Bonds

Since January 1, 2012, the U.S. Department of the Treasury has changed the way that Series I and Series EE U.S. Savings Bonds are purchased – they will no longer be sold at banks or through mail order. Savings bonds must now be purchased online through the U.S. Department of the Treasury’s secure web site, http://www.treasurydirect.gov.

Here’s how to order savings bonds online:

  • Visit the U.S. Department of the Treasury website, treasurydirect.gov.
  • Open your account online.
  • Once your account has been opened, you can buy, manage, and redeem savings bonds online (24 hours a day, seven days a week).
  • Payment can be made through a debit to your checking account or through payroll deduction.

For assistance and answers to your questions regarding savings bonds, contact The Treasury Department customer service call center at (888) 333-7010.

* Savings Bonds are not insured by the FDIC.