Once your CD has reached maturity, you can easily close it.
If you're wanting to renew your CD see: How do I renew a certificate of deposit (CD)?
To close your matured CD using digital banking
Once you're logged into your online banking CD account.
- Select Continue to close CD.
- Edit or verify your displayed personal information
- Enter the one-time passcode, then select Continue. (If you didn't receive the code, you can select Send new code.)
- Select Continue to calculate return.
- Select the account you'll transfer to balance of your CD in the pull-down menu and select Continue.
- Review and confirm the CD closure details and select Submit.
- You'll receive confirmation - You're all set!
We're always available to help if you need further assistance. We can be reached at 800-USBANKS (872-2657) or visit us at a branch. We accept relay calls.
More Information
To close your mature CD:
- Cannot be an IRA CD
- Cannot exceed $250,000
- You must be an existing U.S. Bank customer with an existing checking, savings, or money market account