> Question about time deposit?

Question about time deposit?

Posted at: 2014-12-05 
I've got news for you. August 1, 2014 was almost 3 weeks ago. Call your bank.

Generally, CD's roll over for the same time period, but at the current rate of interest for that product.

It matured over 12 months ago? I suggest you contact the bank.

I have a time deposit which I opened on August 1, 2012 and has a term of 1 year, and I wasn't able to go to the bank on August 1, 2013, what will happen to my time deposit when I go to the bank on August 1, 2014?

1) Will my time deposit only earn the interest of 1 year? or will the bank carryover the existing term and apply it for the 2 years that have passed?