Lock-Up CDs Daniel Guidotti 14 years ago Lock-Up CDsCertificates of Deposit issued with an understanding that they will not be traded by the buyer. Many times, the issuing bank insists that the CD is placed in safekeeping with itself to ensure that the buyer does not sell it.Recommended for you:Lock-Out Rate Lock Drop Lock West Point Bank Paying 2.17% APY on 48 Month CDs
