I own a joint CD with my husband, which required both of our signatures to open and rollover every six months. He has now closed the account and transfered all funds into a personal account. This was done without my signature releasing the funds in the CD which was not matured. Is this legal?
Have you reviewed the terms of the CD deposit agreement to be certain that both signatures were required? Standard agreements permit either joint account depositor to issue instructions on an account.
If the account agreement did, indeed, require both signatures for a withdrawal or closing of the account, the bank may have some explaining to do. Whether the bank has any accountability to you, however, is something that requires a lot more information than you've provided, and it's something you should talk to an attorney about, particularly if you are not able to work the problem out with your husband.
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Have you reviewed the terms of the CD 