The reader gleebeck had posted the following comment. I've moved this post to its own thread.
SAFE DEPOSIT box opened after 10 years, found $5K CD maturing in '96, payable on death(CD purchaser deceased now about 10 years), automatically renewing. Bank is OCC regulated but recent change in ownership. Upon presentation, representative says they will have to "write" to former bank, issuer of CD.
Comments? I think the CD is payable(I am recipient, "payable on death," along with interest since maturity.