Dedicated to Deposits: Deals, Data, and Discussion

Competitive CD Rates at First Jackson Bank in AL & TN

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First Jackson Bank

First Jackson Bank is offering some competitive CD and IRA CD rates. The best ones include:

  • 2.05% APY 12-month CD
  • 2.10% APY 18-month CD
  • 2.25% APY 24-month CD
  • 2.75% APY 30-month CD
  • 3.00% APY 36-month CD

The above rates are listed in the bank's CD rates page as of 3/09/2010. Similar rates are listed in the bank's IRA rates page. Minimum deposit is $1,000.

A reader mentioned that a bank representative was going to let him to open a CD by mail. As with any small bank, these policies can often change. So your miles may vary. Branches are located in the Alabama cities of Stevenson, Bridgeport, Scottsboro, Owens Crossroads and in the Tennessee city of South Pittsburg.

The bank's ratings for safety and soundness are a little weak: 3 stars (adequate) at BauerFinancial (based on 12/31/09 data) and 1 star (lowest) at Bankrate.com (based on 9/30/09 data). The bank has been a FDIC member since 1981 (FDIC Certificate # 23376).

  Tags: First Jackson Bank, CD rates, Alabama, Tennessee, IRA rates

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Comments
Comment #1 by Anonymous posted on
Anonymous
36mo CD is  now down to 1.65% apy

1