As part of its effort to save money by going paperless, the U.S. Treasury Department won't be selling savings bonds through credits unions and banks.
The Treasury Department estimates it will save $120 million over five years by ending over-the-counter sales and selling bonds only through its website, beginning on Jan. 1, 2012.
As of June 30, there were 672 million outstanding paper savings bonds worth $181 billion.
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