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All U.S. Savings Bonds stop earning interest at final maturity, forty years or less from the issue date. The total value of unredeemed bonds that have reached final maturity currently exceeds $26 billion.
Seventeen states have enacted legislation to create a process for obtaining the titles to unclaimed U.S. savings bonds. Kansas has redeemed more than $860,000 in unclaimed savings bonds in its possession, while Kentucky redeemed about $589,000.
The money in state unclaimed funds is often from bank accounts, insurance policies, or your state government. Start your search for unclaimed money with your state’s unclaimed property office . Use the multi-state database to search for your name, especially if you’ve moved to another state.
Matured, Unredeemed Debt and Unclaimed Moneys Reports Matured, unredeemed savings and marketable Treasury securities. Statistical report of matured, unredeemed savings bonds and notes, (.xlsm, uploaded 07/12/2019); Records relating to accrual savings bonds are not fully automated, so a report listing the owners of matured, unredeemed accrual savings bonds is not available.
The US Treasury currently holds over $25 billion in matured unclaimed savings bonds Savings bonds go back to to WW I and II as an effort for the US government to get average Americans to invest in war efforts.
Somebody out there is the lucky owner of 13,000 savings bonds worth a total of $2.5 million. CLICK HERE for 11 more ways to find unclaimed cash.