For many years, consumers purchased U.S. Savings Bonds through their local financial institution. However, the U.S. Department of the Treasury changed the program and as of December 31, 2011, financial institutions no longer sell U.S. Savings Bonds.
Bonds are not going away but they did move from paper to electronic, and they can be purchased directly through the U.S. Treasury Department. To continue to purchase bonds, click here for instructions on how to setup a TreasuryDirect account.
For more information on Treasury Securities, go to www.treasurydirect.gov.