I went to my local branch of Washington Mutual Bank to purchase a U.S. savings bond for my son and his fiancé. I was told they do not sell them, but I was directed to Bank of America.
I went to the Bank of America and, after standing in line, I asked the young lady behind the counter if I might purchase a U.S. savings bond. She said they did not sell state bonds. I repeated my statement of “United States savings bond,� and she directed me to a kiosk of disorganized pamphlets, one of which did refer to the bond program.
While I realize I can do this transaction online, I preferred to do this in person. No can do. I needed to mail the pamphlet, the money and the application to Northern California.
I have two questions. How can any federally chartered bank not sell U.S. saving bonds? And why is a patriotic act relegated to a sad little pile of pamphlets, displayed like magazines in a liquor store?
I am contacting U.S. Rep. Elton Gallegly to see if legislation can be introduced to require all American lenders to prominently display and participate in the United States savings bond program under penalty of law.
— Kevin O'Leary, Thousand Oaks
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