Unredeemed Savings Bonds

Since 1935, the U.S. Treasury’s Bureau of the Public Debt has issued more than six billion savings bonds worth more than $600 billion. Approximately $26 billion in savings bonds have reached final maturity and ceased to pay interest. The Bureau does not have an active program to locate the bondholders and reunite them with the proceeds of their bonds. S.2417, the Unclaimed Savings Bond Act of 2019, proposes to empower the states to act on behalf of the Bureau to find owners of matured unredeemed savings bonds and facilitate the payment of their claims.

https://unclaimed.org/unclaimed-savings-bond-act-toolkit/