Fiscal Service Aids Savings Bonds Owners in Colorado Affected by Severe Storms and Flooding; One-year minimum holding period waived
FOR IMMEDIATE RELEASE
September 17, 2013
The U.S. Department of the Treasury, Bureau of the Fiscal Service, announced today that it would expedite replacement of lost or destroyed paper U.S. Savings Bonds, and waive the normal one-year minimum holding period for savings bonds to assist Colorado storm survivors in the counties of Adams, Boulder, Larimer, and Weld.
A TreasuryDirect account holder in one of the affected counties can send an e-mail from within his or her account, briefly explaining that the account holder is in a federal disaster area and needs a waiver of the savings bonds' minimum one-year holding period. Local financial institutions are permitted to redeem paper savings bonds that are less than one-year old for bond owners affected by the disaster. Many financial institutions serve as paying agents for savings bonds.
If paper bonds were lost or destroyed, bond owners can complete a form, PD F-1048, available on Fiscal Service’s website, www.treasurydirect.gov. Forms also can be obtained by calling the Federal Reserve Bank of Minneapolis Customer Service Department at (800) 553-2663. Bond owners should include as much information as possible about the lost bonds on the form. Claim applications should be signed and signatures should be certified as indicated in the form's instructions. Completed forms can be mailed to the Department of the Treasury, Bureau of the Fiscal Service, P.O. Box 7012, Parkersburg, WV 26106-7012. To help expedite the processing of claims, write the word "DISASTER" on the front of the envelope.
For a list of the most recent counties affected, visit FEMA’s website at www.fema.gov.