JPMorgan Chase review: cashing savings bond ( 3 comments)

Each month Chase is charging service fees on an account that is suppose to be free. They are charging bill payment fees to my account when I use my debit card.

I have purchased a car from a person who has paid off their loan and has called 2 times to get a release of lien. They tell him it will be mailed and nothing comes. I need to get this car registered NOW.

I would like a letter fax to the DMV releasing the lien.

From www.treasurydirect.gov:

You can cash paper EE/E Bonds at many local financial institutions. We don't keep a list of banks that redeem bonds, so check with banks in your area.

What will I need to redeem a paper bond?

Before taking in the bonds to redeem them, it's usually a good idea to check with the financial institution to find out what identification and other documents you'll need. When you present your paper bonds, you'll be asked to show your identity. You can do this by

being a customer with an active account open for at least 6 months at the financial institution that will be paying the bonds, or

presenting acceptable identification such as a valid driver's license if the redemption value of the bonds is less than $1, 000.

If you are not listed as the owner or co-owner on the bond, you'll have to show that you are entitled to cash in the bond.