In regards to US Savings Bonds, identify the statements below that are TRUE. As of January 1, 2012, banks can no longer sell paper savings bonds. For many decades, the first bond that many young people owned was a US Government Savings Bond that was often given to the as a gift. In order to buy a US Savings Bond, you just need to your local bank and they can issue you one for yourself or as a gift. In order to buy a US Savings Bond, you must open a Treasury Direct account online and buy the bonds through electronic transfer from your bank.