The Best Georgia CD Rates Update for May 8, 2009

The best certificate of deposit rates in Georgia continue to be some of the best bank rates available across the nation.  The highest CD rates in Georgia were mostly unchanged week over week but continue to offer some of the best opportunities for CD investors.  All of the best six month CD rates listed for Georgia exceed the best national rates.  The top six month CD rates start with One Georgia Bank at 2.85% on an odd term CD that matures in seven months.  The list concludes with North Georgia Bank at 2.45%.  This contrasts with top national six month CD rate of 2.26%.

The best one year CD rates in Georgia tell the same story.  All of the highest one year CD rates in Georgia are at or surpass the best national CD rates.  The Buckhead Community Bank leads the group with a 15 month term CD that has an interest rate of 3.25% and the group of top rates concludes with the 13 month CD product of Atlantic Southern Bank that has an interest rate of 2.90%.

The best two year CD rates in Georgia stick with the same trend and easily beat the best national rates.  The highest two year CD rate in Georgia is being offered by two banks, Northside Bank and Community Capital Bank, which promote two year CDs with a rate of 3.30%.  Oglethorpe Bank is last on the list with a two year CD rate of 3.03%.  The best national rate is presently marketed by GMAC Bank at 2.90%.

In the five year CD rate category, the depth of the top rates is the weakest yet the two best rates remain above the best national rates.  Two banks, One Georgia Bank and KeyWorth Bank offer the best five year CD rates at 3.75%.  The next highest bank rate for this term drops down 15 basis points to 3.60% is the five year CD marketed by Community Capital Bank.  The best five year CD rates wrap up with National Bank of Georgia and Fidelity Bank both promoting CD rates of 3.50% for this term.

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This entry was posted on Thursday, May 14th, 2009 at 12:34 pm and is filed under Georgia CD Rate Updates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.