Doral Bank taken over by Popular Community Bank?

I have a CD in Doral Bank matured on May 2015, recently Doral Bank was taken over by Popular Community Bank forced by FDIC. Please advise whether I wait for the mature date or withdraw now, any penalty if I have early withdraw. Thank you.

2 Answers

  • Anonymous
    6 years ago
    Favorite Answer

    Your account will be assumed by the new bank - the account terms remain unchanged. There's no reason to withdraw now.

  • rives
    Lv 6
    6 years ago

    the new one could take over the account but sometimes you are forced to withdraw the old bank to cash out talk to bank before they go out

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