Savings bond questions

[bdk3clash]

My mom recently sent me savings bonds that were purchased for me at various stages of my childhood. They include some Series EE bonds (mostly issued around 1991) and some Series E bonds (mostly purchased around 1979.)

1) I assume I can cash these in at my local bank, right?

2) Have these bonds continued to accrue interest after reaching face value? If so, is there a way I can figure out how much they are presently worth?

(I'm about to do a a Google search. I'll post any results I come up with.)

[djoyce003]

they'll calculate what they are worth at the bank, and yes you can take them to any bank.

[bdk3clash]

Gee, that was hard. (http://www.publicdebt.treas.gov/sav/savcalc.htm)

(Edit: fixed URL)

[Shajen]

Yeah, you can cash them at your local bank.

As far as the rest, I dunno.

Depends on the time frame they mature at.

The teller should be able to tell you the value of them without cashing them.

[bdk3clash]

I'm rich!

[StevieG]

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I'm rich!

[/ QUOTE ]

you're a wealthy miser

http://img165.imageshack.us/img165/407/daffyduckwealthymiser4fu.jpg

[LetYouDown]

[ QUOTE ]
I'm rich!

[/ QUOTE ]
Hehe, I doubt it. EE bonds in that time frame may only be worth their face value or slightly more. I would guess that they're almost certainly < 2x their face value.

I used to work for the Federal Reserve in the savings bond division. What you really want to find under a mattress are I/E Series bonds from a long time ago. I forget the exact time frame, but there was about a 6 month period where the interest rate was phenomenal.