Does anyone know what Washington Mutual Bank's policy is if I withdraw my CD early?

Question

I am on a 9 month CD and it does not mature until February 2008.

What are the penalties? If not from WAMU, what are some penalties given by other banks for withdrawing your CD early.

Thanks

Answer 1

ALL banks in the US will take back all interest the CD has accrued. You will not lose any of your initial investment.