A callable CD typically has a callable date, before which a bank or credit union cannot call the CD. The period between the opening of the callable CD and the callable date is known as the non-call period, during which returns are guaranteed.
A callable CD typically has a callable date, before which a bank or credit union cannot call the CD. The period between the opening of the callable CD and the callable date is known as the non-call period, during which returns are guaranteed.