US Savings Bonds
The U.S. Department of the Treasury has transitioned the savings bond program to an electronic process. As of January 1, 2012, financial institutions including Farmers Savings Bank are no longer allowed to order savings bonds for customers. If you wish to continue to purchase savings bonds, you are required to order them online.
How to Order Savings Bonds:
Open an account online.
- How to open an account at Treasury Direct: http://www.treasurydirect.gov/indiv/TDTour/default.htm
- Once you set up an account, you will be able to place orders online for the Series EE and I electronic savings bonds. Payment can be made through a checking debit or through payroll deduction through the secure website.
- You can buy, manage and redeem Treasury securities online 24 hours a day, seven days a week, all from the your home, work or wherever you have secure Internet access.
Ending the sales of paper savings bonds will save an estimated $70 million over the next five years and is a continuation of the Treasury’s all-electronic initiative. Although Farmers Savings Bank is no longer able to order bonds on your behalf, you still have the option of redeeming your paper bonds at the Bank.
The Treasury offers a customer service call center at (888) 333-7010 to assist you with your questions.