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Question about United States Savings Bond

So back in 1978 a savings bond of $25 was issued with my name on it, with a very, very, very old address. Anyhow I looked up on a savings bond calculator and it says the value of this $25 savings bond is $106. I read online that you can take a savings bond to a bank to get the face value of it.

The final maturity of the savings bond was back in 2008, again bringing the value of the savings bond to $106 from $25. So my question is, if I took it to a bank, they're only going to give me the face value and not what it's worth after maturity?

Thanks.
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WillaKissing · 56-60, M
Take it to the bank and find out, then let us know.

You will either be $25 or $106 better off than you were when the day started right.
twiigss · M
@WillaKissing Yeah forgot about them being open til 12. I am on the phone now waiting for them to pickup, but I'm not trusting google. There was a website with a calculator, you enter the series the bond is, the serial number and it shows you what the value is after maturity. So naturally I would want that value if I cash it in, and not the face value.

Since this is my only savings bond I have absolutely no idea about any of it. I wouldn't be surprised if they tell me I have to go to the issuing bank to cash it in. But I did the online search and looked at many results, not just one, so that I can find maybe many people who have also had a savings bond and read their stories and just gather that information.
twiigss · M
And yes I would be $25 more off than what the day started. So either way it's a plus.
WillaKissing · 56-60, M
@twiigss Good luck and best of wishes with it.
4meAndyou · F
The full value after maturity is NOT going to be given to you if you cash in the bond now.
4meAndyou · F
@twiigss Correct. You don't get your cake and eat it, too.
twiigss · M
@4meAndyou I know lol. Never hurts to try though! I figured I would look it up anyway and just see.
twiigss · M
@4meAndyou My current bank used to cash them but no longer does. My old bank cashes them but you gotta be a member there. At my old bank she said, they would cash it at the full value that it's worth after maturity, so I would get the $108.27 value of the savings bond.

Best thing I could do is call around to other banks and see if they'd cash it without being a member but I doubt it. And to cash it at my old bank, I have to be a member for 6 months or I would be charged to cash it. So banks are all closed now, it'll have to wait til next week.

 
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