5.75% 9-Month CD at a Georgia Bank

May 21, 2006 - 11:24 AM by Ken Tumin

Colony Bank is offering a 5.75% 9-month certificate of deposit. The minimum is $500. They are also offering this rate for a 12-month and 13-month term. A 5% money market account is also advertised but the minimum is $100K. This special is not listed at the bank's website, but was advertised in the May 21st Savannah Morning News. The ad is available online here.

Colony Bank has branches throughout central and south Georgia.

Colony Bank has been offering high yield CDs for awhile. Last month there were advertising a 5.50% 9-month CD.

Many Georgia banks are offering very nice CD deals. Refer to this post for other high rate CDs at Georgia banks.

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Anonymous

Anonymous - #1, Monday, May 22, 2006 - 12:18 PM

May 22

I spoke with a customer service rep. at Colony Bank this morning. The 9-12 month 5.75% APY CD special promotion is not restricted to Georgia residents. Monthly interest payment option is available. APR is 5.63%


1
Banking Guy

Banking Guy (anonymous) - #2, Tuesday, May 23, 2006 - 8:06 AM

Thanks for checking into this. Looks like it's a large enough bank that it may be able to handle demand from outside Georgia.


1

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