KNOWLEDGE BASE

How do I close my certificate of deposit (CD)?

If you're ready to close your CD, please contact us to complete the request. The best time to close is when the term of your CD has run its course to the end (i.e., matured). By waiting until the CD has matured, you can avoid fees and penalties. 

We can be reached at 800-USBANKS (872-2657) or visit us at a branch. Branch appointments are available for questions and processing. See also: How do I schedule an appointment at a U.S. Bank branch?

Alternatively, if you're interested in keeping your CD, we offer to renew it when it reaches the maturity date. Offers stay available until the grace period ends, or when the CD is renewed or closed, whichever comes first. See also: How do I renew a certificate of deposit (CD)?