Dedicated to Deposits: Deals, Data, and Discussion

5.75% 15-Month CD at a Georgia Bank (First Georgia Community)


First Georgia Community Bank is still offering a special 5.75% APY 15-month certificate of deposit. The minimum deposit is $500. It's also offering a 5.00% APY CD with a term of 30 to 89 days. I had first reported on this special in June. I called last week and confirmed that it's still available. According to the CSR, the rates are usually updated only once a quarter. The early withdrawal penalty is 6 months of intererst. They do require a branch visit to open the CD unless you already have an account with them.

The bank has branches in Locust Grove, Jackson and Covington, Georgia which are about 30 miles east and southeast of Atlanta.

The bank has been FDIC insured since 1997. It has a 4 out of 5 star safe and sound rating at