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About NAUPA
Policy Statements
NAUPA Advocates Returning $16.6 Billion In Matured Savings Bond Proceeds
Millions of Americans hold more than 40 million U.S. savings bonds that have fully matured. Some have lost bonds, others have forgotten them, and many think their bonds continue to earn interest. The value of these matured, unclaimed bonds is over $16.6 billion and continues to rise.
When savings bonds are sold, the Bureau of the Public Debt collects the name and address of the bond owner. These names and addresses are literally buried within five billion microfilm issuance records. The vast majority of microfilm records are not indexed and difficult to access.
As a result, no one is actively searching for the owners of more than 40 million matured unredeemed savings bonds.
NAUPA supports the passage of Bills S.827and H.R.4198, the Unclaimed Savings Bond Act of 2009 to facilitate the return of these bond proceeds.
Read a fact sheet about the legislation and more information about savings bonds.
Read the bill text and track its progress
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