We’ll email you a maturity notice at least 30 days before your CD matures. Make sure your account email is up to date so that you get this important notice. Once it matures, you can explore renewal options during the 10-day grace period. During that grace period, withdrawals and deposits are permitted without penalty. You can verify the APY that will be applied if the CD renews. At the end of the grace period:
The account will automatically renew at the same term as the initial agreement.
Any funds remaining, such as accrued interest from the initial term, will become principal for the new term with the new interest rate applying to it.
