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How to close a mature certificate of deposit (CD).

Once your CD has reached maturity, you can easily close it in your digital banking. If you're wanting to renew your CD, see alsoHow do I renew a certificate of deposit (CD)?

To close your matured CD using digital banking

  1. Select your CD account, then choose Continue to close CD.
  2. Edit or verify your displayed personal information
  3. Enter the one-time passcode, then select Continue. (If you didn't receive the code, you can select Send new code.)
  4. Select Continue to calculate return.
  5. Select the account you'll transfer to balance of your CD in the pull-down menu and select Continue.
  6. Review and confirm the CD closure details and select Submit.
  7. You'll receive confirmation - You're all set!

More Information

To close your mature CD from your digital banking:

  • It cannot be an IRA CD
  • It cannot exceed $250,000
  • You must be an existing U.S. Bank customer with an existing checking, savings, or money market account

If you can't close your matured CD in digital banking, we're always available to help. We can be reached at 800-USBANKS (872-2657) or visit us at a branch. We accept relay calls. See alsoHow do I schedule an appointment at a U.S. Bank branch?