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#2123588 - 03/24/17 07:20 PM Interest payments
2old2new Offline
Member
Joined: Jun 2009
Posts: 65
tn
Have most banks stopped issuing paper checks for CD interest? With lower rates some monthly checks are less than $10. Any information shared would be appreciated.

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Deposits and Payments
#2123597 - 03/24/17 07:35 PM Re: Interest payments 2old2new
New Day Offline
100 Club
Joined: Dec 2011
Posts: 139
We offer interest to be deposited to their checking or savings monthly, quarterly or annually. Only if they want the money sent out of the bank will we issue a check. It's rare for someone to want a check anymore.

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