Dedicated to Deposits: Deals, Data, and Discussion

5.65% 12-Month / 5.75% 60-Month CD at a Georgia Bank (Peachtree)

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The Peachtree Bank continues to list very competitive rates on certificates of deposit. Rates include a 5.65% APY for a 12 month term, 5.50% APY for terms from 18 to 48 months and a 5.75% APY for a 60 month term. The same rates are available for IRA's. The minimum deposit is $500.

I had last reported on Peachtree in July when they were offering a 6% 12-month CD. A reader had mentioned that the bank only accepts deposits from the Atlanta area.

Peachtree Bank has branches in the Georgia cities of Duluth, Dunwoody, Lawrenceville and Roswell.

The bank is FDIC insured. It has a 4 out of 5 star rating (sound) by Bankrate.com.


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