| The US Postal Savings System was
established in 1911 to provide safe, convenient
depositories for Americans who could save and earn
interest by purchasing certificates. Individuals were
allowed a single account with a maximum balance of
$2,500. Interest was paid at the rate of 2% per annum.
The popularity of the
program declined with a growing U.S. economy and rising interest rates,
and so Congress voted for its termination in 1966.
Upon program termination,
over 400,000 U.S. Postal Savings System Certificates and U.S. Postal
Savings Bonds went unredeemed.
For
information on an unclaimed Postal Savings System investment in Postal
Savings Certificates, Bonds and Notes complete the form below:
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