TreasuryDirect will require bank certification for some accounts

Monday, August 7th, 2006
Categorized as: Treasury Direct

As part of its ongoing effort to improve security, TreasuryDirect will require some account holders to have their identity certified by a bank. Until the identity of the account holder is verfied, no transactions – includining previous scheduled transactions – will occur.

If you have a TreasuryDirect account, log into the system and click on Account Info in the blue and orange button bar across the top of the page. On the page that appears, check the Hold Code under Account Status. If anything other than None appears here, there’s a problem with your account.

If the code is T08 Hold, then you will be required to have your signature certified using a new TreasuryDirect Account Authorization Form.

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FDIC Insured Certificates of Deposit can pay 1 or 2% more than savings bonds when held for a similar length of time. See top CD Rates Below:

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