[quote author="Trooper" date=1217140933]My WaMu CD, held in a deferred comp acct., doesn't mature until 9/30.....so I'm stuck in it. Hoping for the best.
Hey, I opened this thing on 8/24/07...when I called for maturity date, they said it was 9/30/08, which is over a month longer than the 12 month period I signed up for. Is this unusual...for it to be a "13 month" CD instead of the 12 you sign up for? The customer service person I spoke to was new and could only explain that it's b/c 9/30 is the end of a quarter .... or something like that.
I'm only curious b/c I'd like this $$ out sooner than later.
Also, LL said "Over at Calculated Risk, some one said they had
on the order of 3500-4000 branches. Does FDIC have that many
total employees?"
Couldn't they tap IRS or FBI white collar types to assist ? I'm sure a one week training class would do the trick.</blockquote>
Troop, I've used a lot of different banks for CDs, and I've never heard of a 12-month CD maturing in 13 months. It's always been exactly a year - exactly to the day. Can you find your original receipt? The maturity date should be on this form. If you can't find your receipt, ask the bank to find their receipt.