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Sunday, December 26, 2010

CD Rates Georgia

These CD Rates Georgia has to offer are from this state’s banking sector that has their headquarters in the peach state.

At Cherokee Bank, the interest on their CD Rates is compounded daily for the maximum amount they can earn. Their 3 month CD is earning an APY of 0.87%. The 6 month CD is earning an APY of 1.01%. The 1 year CD is earning an APY of 1.19%. The 15 month CD is earning an APY of 1.025%. The 18 month CD is earning an APY of 1.31%. The 2 year CD is earning an APY of 1.47%. The 3 year CD is earning an APY of 1.76%. The 4 year CD is earning an APY of 1.98% and the 5 year CD is earning an APY of 2.23%. Each of these CD’s requires a minimum deposit of $1,000 and was posted on December 13, 2010.

As typical with this type of investment the credit unions have the better rates. The Georgia financial institutions are no different. The Albany Federal Employees Credit Union follows this trend. The 6 month CD is earning an APY of 1.25%. The 1 year CD is earning an APY of 1.65%. The 15 month CD is earning an APY of 1.75%. The 18 month CD is earning an APY of 1.80% and the 2 year CD is earning an APY of 2.05%. These rates were posted on December 1 and were still current as of December 19, 2010. There is not a minimum amount advertised on their website.

The Nashville Credit Union also has good rates. Their 8 month CD is earning an APY of 1.41%. The 1 year CD is earning an APY of 1.66%. The 15 month CD is earning an APY of 1.66%. The 2 year CD is earning an APY of 2.12% and the 3 year CD is earning an APY of 2.17%. These rates require a minimum deposit of $1,000 and were posted on December 1 and were still current as of December 19, 2010.

These are the best CD rates Georgia has to offer at this time.

We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.

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