Answers about CDs and Certificates of Deposit
Select from the following questions about certificates of deposits or CDs.
- My CD matured today, but the bank will not release the funds to me.
- My time certificate of deposit (CD) matured, but I didn't redeem it. What happened to my funds?
- What are the penalties for withdrawing money early from a Time Certificate of Deposit (CD)?
- Does the bank have to continue to pay interest on my Time Certificate of Deposit (CD) after it matures?
- Interest rates have gone up, but the bank refuses to raise the rate on my time certificate of deposit (CD). Why?
- I cashed my Time Certificate of Deposit (CD) before it matured, and the bank charged me an early withdrawal penalty. Can it do this?