2.25% 36-Mo CD With A Special Feature At Atlantic Southern Bank In GA

This was advertised in the 6/17/10 Macon Telegraph (click on details link to see ad).

My Choice CD:

2.25% APY, 36-month CD, $500 min:

Each year on the anniversary date of date of your purchase, you can choose to:

• Keep the rate you started with, OR
• Change it to the current 12-month rate

One potential issue is that the 12-month CD rate could be low. For example if after 1 year it's only 1% APY, the average 2-year yield would fall to 1.63%.