Renew CDs

• Open more CDs with a frictionless flow.
• Provide high visibility of your attractive CD rates.
• Renew or cash out mature CDs with a few clicks in online banking.
• Save on branch and call center staffing costs.
• Increase deposits and encourage customer savings.
• Increase customer satisfaction and loyalty.

• No need to SSO to a 3rd party website in a new browser tab.
• No need to enter already known data such as customer address, phone number, email, etc.
• Empower your customers to open new CDs from online banking in a few easy steps:
• Browse and select from current terms and rates Select the funding account and specify funding amount.

• Provide high visibility of your best CD rates.
• Display clickable banners and widgets in your customer’s online banking portal that initiate the seamless opening or renewal online flow.

• Increase customer satisfaction with self-service CD options.
• Increase customer loyalty to your institution.
• Encourage more deposits and savings.
• It is inconvenient for the customer to have to come into a branch or call in to open or renew CDs.

It is expensive to pay your staff to walk customers through the steps to open or renew a CD:

• Authenticate customer identity and verify current information.
• Provide all current terms and rates.
• Manually enter required data to open and fund a new CD or renew/cash out an existing CD during the maturity grace period.