I got a statement in the mail addressed to me OR my mother. It said that my CD had matured and I could withdraw it. Can I go and pick it up or does my mother have to do it?
The actual CD contract will determine how the account is held, but the use of the word "or" strongly suggests that either you or your mother could close out the account. Contact the bank to make sure, before you make the trip.
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The actual CD contract will determine how the account is held, but the use of the word "or" strongly suggests that either you or your mother could close out the 