CONTENT

  DEPARTMENTS



  DETAILS
Legend for Icons
 Article    Q&A

 Podcast  Video

 Blog  Discussions

PDF    Powerpoint
BankingQuestions.com Web

  Home >> Accounts >> Certificates of Deposit  
Are Redeemed CDs Kept by Bank?

Are redeemed CDs kept on file at the bank where they are redeemed? If so, for how long?


The bank would ordinarily be expected to keep the original or an image copy for five years from the redemption date.

Published on BankingQuestions.com 12/03/09