please help! I need major advice!?

Question

I just went to cash in a Postal Employees Credit Share (kind of like a savings bond) but..?
When I got there they said the maturity date is when the money was taken out. I thought the maturity date is when you are able to take the money out and from that date on is when it gains interests. Now I know for a fact this money was NEVER taken out because you have to be 18 to take out the money. I am 19. and I know i didnt take the money out. Besides I still have the savings bond certificate. They are suppose to take those from you when you cash it in! So what am i suppose to do!

please help! this is an emergency!

they just said it has a maturity date of 1999 so that is the day it was taken out. but i would have been 11?! SO that makes no sense!

I also called before i went down there! they said the only thing you do is bring it in and they cash it!

Answer 1

First, go to a different teller and start all over. I agree with what you are saying. If you don't like what you hear from the new teller, ask for the manager.

Are they saying that they mailed you a check?

Answer 2

First is your name the only one on it? If so you have to find out if the bank cashed it in to anyone and if they did you have to find out who. Then go to the manager of the bank and say hay I didn't cash this is and this is who did I didn't authorize it I want my money and ask them where it is and what they are going to do about making matters right on your behalf. If you are told that they can't do anything about it and they wont give you your money go talk to a lawyer you can sue the bank for your losses and you can also go after the person that took the money from your bond for fraud charges and that is a felony offense.

Answer 3

as a "credit share" it may have different rules. You would probably want to contact the banking branch that issued it.