AMERICANS have been urged to check their savings bonds as over $700 million is being held by thousands of residents. The U.S. Treasury is encouraging Illinois residents to check their savings bonds because $709 million in bonds are being held by 292,000 residents and some might not know it. There are various types of bonds available from the TreasuryGetty The bonds residents are in possession of have fully matured, meaning they are no longer accruing interest, NBC Chicago reported. “Many of these bondholders are unaware that they have matured unredeemed bonds,” a spokesperson for the Treasury explained. “Or are not fully informed of the redemption process.” To assist reside
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