What Happens To Location-Restricted SA/Cds If You Move?

Test3 | Dec 22, 2018 | 102 posts since 2018

Many deals are only available if you live/work/etc within a specific state or even county. What happens if you move away? Anyone have any experience with this?

Post an answer

Answers

Bozo | Dec 22, 2018 | 1,375 posts since 2011

Test3, if you join a credit union, the general rule is "once a member, always a member". For banks with geographic limitations, it gets trickier. For example, both my Mom and our trust had accounts at NBKC in Leawood, Kansas, for years. Due to some regulatory issues, NBKC advised me that it could no longer accept new, out-of-area accounts, even though (through the Trust) I was an existing customer. So, the short answer is, "it varies" (at least as to banks).

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.