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#2255117 - 06/10/21 01:06 PM Auto Renew CDs- Reg. DD
Anonymous
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We are wanting to end our relationship with a customer and no longer want to renew their automatically renewable CD. Would we accomplish this by simply sending the customer a change in terms notice at least 30 days prior to the effective date of the change? Thanks.

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#2255118 - 06/10/21 01:55 PM Re: Auto Renew CDs- Reg. DD Anonymous
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,225
Galveston, TX
Depends on what you CD contract says. But following 1030.5(b) is probably the best route.
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