Southern Bank continues to offer several competitive CD and IRA CD rates. The rates have fallen since my June blog post
, but they are still attractive compared to what other banks are offering. Some of the best rates as of 8/23/2010
- 3.05% APY 60-month CD
- 2.50% APY 36-month CD
- 2.05% APY 24-month CD
- 1.76% APY 18-month CD
- 1.31% APY 6-month CD
They provide an online application (more like a inquiry form), and it states that only AR and MO residents are eligible to open account.