Skip to main content
U.S. flag

An official website of the United States government

Customer Assistance: 1-800-613-6743

Get Answers to Your Banking Questions

My certificate of deposit (CD) has matured. How and when will I receive my funds?

Banks may process maturing CDs in a number of ways, and you should ask the bank about its particular method or review the terms of your account agreement.

Generally, banks may process CDs at a single location and not at each branch. In that case, your CD will be forwarded to that location for processing. You may receive a check in the mail, or if you have another account at the bank, you may receive a direct deposit into that account.

Last Reviewed: April 2021

Please note: The terms "bank" and "banks" used in these answers generally refer to national banks, federal savings associations, and federal branches or agencies of foreign banking organizations that are regulated by the Office of the Comptroller of the Currency (OCC). Find out if the OCC regulates your bank. Information provided on should not be construed as legal advice or a legal opinion of the OCC.

Still need help?

Contact Us