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Early Savings Bond Redemptions Authorized South Dakota Counties Affected by Severe Winter Storm and Flooding

June 11, 2019

As a savings bond agent serving the South Dakota Counties affected by severe winter storm and flooding (March 13 – April 26, 2019), your institution is authorized to redeem Series EE and I paper savings bonds less than one year old presented during the months of June, July, and August 2019. Areas affected by the recent events are listed below. This authorization pertains not only to bond owners still residing in affected areas, but also to those who evacuated from those areas. You should not require evidence of hardship but must continue to abide by guidelines in the Guide to Cashing Savings Bonds (PD P 0022) as well a savings bond processing instructions provided through FRBservices.org. This authorization will remain in effect through the end of August 2019.

South Dakota Counties:

Bennett, Bon Homme, Charles Mix, Cheyenne River Indian Reservation, Dewey, Hutchinson, Jackson, Mellette, Minnehaha, Oglala Lakota, Oglala Sioux Tribe of the Pine Ridge Reservation, Rosebud Indian Reservation, Todd, Yankton, and Ziebach

Attached are tables showing redemption values of Series EE and I bonds less than one year old.

Replacement of missing or destroyed bonds for people in the affected areas will be expedited. Bond owners should include the word “DISASTER” on the front of envelopes containing completed and signed claim forms. Forms are available through the following website: www.treasurydirect.gov (Off-site).

A TreasuryDirect account holder in, or evacuated from, the affected areas can request a waiver of the minimum one-year holding period for savings bonds by sending an e-mail from within the account, briefly explaining the circumstances. If affected Treasury Direct account holders seek help from you because they do not have access to their Treasury Direct accounts, please obtain their names as well as contact information, including daytime telephone numbers, and pass this information along via e-mail to retailfrbhelpdesk@fiscal.treasury.gov.

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