Image Courtesy: www.pixabay.com
Image Courtesy: www.pixabay.com
You are viewing rates from banks across Georgia
Below are 5-year CD Rates from banks that are located in Georgia. Five-Year Certificates of Deposit (CD) are generally the longest term CD that most banks will offer. They tend to offer the highest rates but require the longest commitment. Five year CDs are especially popular in a declining interest rate environment as depositors can lock money in at the highest rate possible for the longest period of time. They are also popular with depositors who are willing to lock up money for five years in return for extra yield.
GA - November 5, 2024
5 Year CD National Average : 0.92% ?
| Banks | APY | MIN | MILES ? | |
|---|---|---|---|---|
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3.80% |
$1,000 |
- |
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Rate History: 3.95% → 3.85% → 3.80% |
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george | Feb 9, 2021 The wonderful assistants at Beal Bank are wonderful. Rebeca took great care of me and made sure all my concerns were addressed. Read More |
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3.75% |
$1,000 |
- |
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Early Withdrawal Penalty is 180 days interest.
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Rob H. | Nov 21, 2023 A real pain in the *** process to try and get approved! They were unable to match my drivers license photo with my live image after several times trying! Went to limelight bank instead and got approved in ... Read More |
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3.50% |
$1,000 |
- |
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3.50% |
$0 |
- |
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Rate History: 4.00% → 3.90% → 3.75% → 3.50% |
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highstream | Jan 2, 2024 Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More |
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3.35% 0.35% |
$250,000 $1,000 |
- |
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Rate History: 3.45% → 3.65% → 3.35% |
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NORTY FLATZ | Dec 3, 2019 Have done business with "Hope's" San Diego branch for a few years. Always courteous and helpful. Looking forward to doing business with them in the future. Read More |
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|
3.25% |
$0 |
- |
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Rate History: 2.60% → 3.25% |
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lrcbob | Jul 26, 2024 Multiple roadblocks trying to set up a savings account with Ivy Bank and my application was ultimately declined, in spite of my multiple CDs among three banks, stock investments, eleven credit cards, and c... Read More |
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3.00% |
$5,000 |
- |
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Dana E. | Mar 20, 2016 Good solid bank. Read More |
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|
2.50% |
$1,000 |
- |
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RYAN S | Nov 28, 2022 While USAA was at one point a great option for all your banking needs, the service has deteriorated so much that I'm currently in the process of changing banks after more than 2 decades. The final straw w... Read More |
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2.50% |
$500 |
- |
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2.00% |
$500 |
- |
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2.00% |
$0 |
- |
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|
Azoic | Feb 25, 2022 I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account. Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary. Accelerate Savings w... Read More |
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|
2.00% |
$500 |
- |
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2.00% |
$10,000 |
- |
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Rate History: 2.00% → 2.50% → 2.00% |
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|
Hayley7788d@outlook.com | Jan 2, 2023 Terrible customer service by investment side. Fees too high , too full of themselves Read More |
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|
1.75% |
$10,000 |
- |
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|
1.51% |
$10,000 |
- |
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1.50% |
$10,000 |
- |
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1.50% |
$10,000 |
- |
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|
1.41% |
$10,000 |
- |
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|
1.40% |
$10,000 |
- |
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1.40% |
$10,000 |
- |
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1.36% |
$10,000 |
- |
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1.35% |
$10,000 |
- |
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|
|
|
1.35% |
$500 |
- |
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|
|
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Rate History: 1.00% → 1.35% |
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|
Jabbroadway42 | Nov 17, 2020 Is notarie services available today at a woodforest on wilkinson blvd Read More |
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|
1.33% |
$10,000 |
- |
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1.31% |
$10,000 |
- |
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Rate History: 1.51% → 1.31% |
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|
1.26% |
$10,000 |
- |
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It's just me | Aug 20, 2022 FNB FOLKSTON,GA, Ga. is the BEST bank to do business with, they go above and beyond for their customers, staff Is Great!! Sure miss some of the former employees though!! Read More |
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|
1.26% |
$10,000 |
- |
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|
ronald.burrell673@gmail.com | Aug 11, 2019 We have trouble with them crediting payments made on time, by the time point Aand B get your payment and record it, you are always seen as a late payment. This just drives me crazy, also, they don't do all... Read More |
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|
1.26% |
$10,000 |
- |
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|
1.25% |
$10,000 |
- |
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|
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1.21% |
$10,000 |
- |
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314201 | Sep 18, 2018 I have been a satisfied customer at the Hodgson Memorial branch. The customer service is always excellent. Jenny Collins has been especially helpful and professional. Read More |
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1.20% |
$10,000 |
- |
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1.20% |
$10,000 |
- |
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|
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1.15% |
$10,000 |
- |
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|
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Samantha | Dec 14, 2021 Awesome i lost half my money and they paid me triple Read More |
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|
1.15% |
$10,000 |
- |
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1.15% |
$10,000 |
- |
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|
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1.10% |
$10,000 |
- |
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|
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1.10% |
$10,000 |
- |
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1.10% |
$10,000 |
- |
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|
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1.05% |
$10,000 |
- |
Learn More
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|
Lily | Dec 14, 2021 no reveiw Read More |
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1.05% |
$100,000 |
- |
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1.05% |
$100,000 |
- |
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bdowda | Feb 12, 2022 The rate information listed here is incorrect, but Community Bank of Pickens County is a great bank with great customer service. I opened an account today so not sure the source this website uses, but the ... Read More |
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1.03% |
$10,000 |
- |
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1.00% |
$10,000 |
- |
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|
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1.00% |
$10,000 |
- |
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|
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1.00% |
$500 |
- |
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1.00% |
$10,000 |
- |
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1.00% |
$500 |
- |
Learn More
|
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Justice | Jul 22, 2021 This is a criminal lender and the worst bank. They merged with CenterState Bank.. They have made our lives miserable with a wrongful, fraudulent foreclosure. We will be starting a Website with all of the ... Read More |
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1.00% |
$10,000 |
- |
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1.00% |
$10,000 |
- |
Learn More
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Carol Walters | Mar 29, 2021 I have had problems with Oconee State Bank blocking purchases I made online from a legitimate business for pet products. They block it because the seller is in the UK, even though I have purchased from the... Read More |
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1.00% |
$10,000 |
- |
Learn More
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1.00% |
$10,000 |
- |
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|
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|
1.00% |
$10,000 |
- |
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|
|
|
1.00% |
$10,000 |
- |
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|
|
|
0.95% |
$100,000 |
- |
Learn More
|
|
|
0.95% |
$10,000 |
- |
Learn More
|
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|
0.95% |
$10,000 |
- |
Learn More
|
|
|
0.95% |
$10,000 |
- |
Learn More
|
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|
0.95% |
$10,000 |
- |
Learn More
|
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|
0.95% |
$10,000 |
- |
Learn More
|
|
|
0.95% |
$10,000 |
- |
Learn More
|
|
|
0.95% |
$500 |
- |
Learn More
|
|
|
0.95% |
$10,000 |
- |
Learn More
|
|
|
0.90% |
$10,000 |
- |
Learn More
|
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|
0.90% |
$10,000 |
- |
Learn More
|
|
|
0.90% |
$1,000 |
- |
Learn More
|
|
|
0.90% |
$1,000 |
- |
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|
|
|
0.90% |
$10,000 |
- |
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|
|
0.90% |
$10,000 |
- |
Learn More
|
|
|
Bonjo | Nov 10, 2022 Sammi rude I feel she gets mad if she has to do anything Seneca up town bank like she is scholing me no people skills very moody needs to be talked to Read More |
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0.90% |
$10,000 |
- |
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0.90% |
$10,000 |
- |
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0.90% |
$10,000 |
- |
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|
0.90% |
$10,000 |
- |
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|
0.90% |
$10,000 |
- |
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|
|
0.90% |
$10,000 |
- |
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|
|
|
0.90% |
$10,000 |
- |
Learn More
|
|
|
0.90% |
$10,000 |
- |
Learn More
|
|
|
0.90% |
$500 |
- |
Learn More
|
|
|
0.87% |
$10,000 |
- |
Learn More
|
|
|
0.87% |
$10,000 |
- |
Learn More
|
|
|
0.85% |
$10,000 |
- |
Learn More
|
|
|
0.85% |
$10,000 |
- |
Learn More
|
|
|
0.85% |
$500 |
- |
Learn More
|
|
|
bdowda | Feb 12, 2022 The rate information listed here is incorrect, but Community Bank of Pickens County is a great bank with great customer service. I opened an account today so not sure the source this website uses, but the ... Read More |
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|
0.85% |
$10,000 |
- |
Learn More
|
|
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0.85% |
$10,000 |
- |
Learn More
|
|
|
0.80% |
$500 |
- |
Learn More
|
|
|
0.80% |
$10,000 |
- |
Learn More
|
|
|
0.75% |
$10,000 |
- |
Learn More
|
|
|
0.75% |
$500 |
- |
Learn More
|
|
|
0.75% |
$10,000 |
- |
Learn More
|
|
|
adriane jackson | Aug 29, 2015 hello I need to know how much it is to open a regular savings that gains intrest Read More |
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0.75% |
$500 |
- |
Learn More
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0.71% |
$10,000 |
- |
Learn More
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0.70% |
$10,000 |
- |
Learn More
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0.70% |
$10,000 |
- |
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0.70% |
$10,000 |
- |
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0.70% |
$10,000 |
- |
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0.70% |
$10,000 |
- |
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0.65% |
$10,000 |
- |
Learn More
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0.65% |
$10,000 |
- |
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0.65% |
$10,000 |
- |
Learn More
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0.65% |
$100,000 |
- |
Learn More
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|
|
me | Oct 13, 2021 Good for savers. Easy to transfer funds in and out, not paying high transaction processing $ or being limited to low amounts per day. Does not subject applicants to very much ID interrogation and apparent... Read More |
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0.65% |
$10,000 |
- |
Learn More
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0.65% |
$10,000 |
- |
Learn More
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0.65% |
$10,000 |
- |
Learn More
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0.65% |
$100,000 |
- |
Learn More
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0.60% |
$10,000 |
- |
Learn More
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me | Oct 13, 2021 Good for savers. Easy to transfer funds in and out, not paying high transaction processing $ or being limited to low amounts per day. Does not subject applicants to very much ID interrogation and apparent... Read More |
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|
0.60% |
$100,000 |
- |
Learn More
|
|
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Scrappy | Mar 10, 2021 HORRIBLE !!!! JUST RUN AS FAST AS YOU CAN AWAY FROM THIS BANK..Save yourself the hassle of dealing with them. Read More |
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0.60% |
$10,000 |
- |
Learn More
|
|
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Angry | Aug 8, 2022 DO NOT USE THIS BANK!!!! My brother passed and unfortunately he had a savings account with these thieves. I properly went through probate court and got an Order for the bank to release the funds to me and... Read More |
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0.60% |
$10,000 |
- |
Learn More
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0.60% |
$10,000 |
- |
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0.60% |
$10,000 |
- |
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BENNIE BROOKS | Mar 25, 2015 OLIVER NORTH AIR LINES GOVERNOR BLANCO Read More |
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|
0.58% |
$10,000 |
- |
Learn More
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0.55% |
$10,000 |
- |
Learn More
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0.52% |
$10,000 |
- |
Learn More
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0.50% |
$10,000 |
- |
Learn More
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0.50% |
$10,000 |
- |
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0.50% |
$10,000 |
- |
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0.50% |
$10,000 |
- |
Learn More
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0.50% |
$10,000 |
- |
Learn More
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0.50% |
$10,000 |
- |
Learn More
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0.50% |
$10,000 |
- |
Learn More
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0.50% |
$10,000 |
- |
Learn More
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0.50% |
$10,000 |
- |
Learn More
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0.50% |
$10,000 |
- |
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0.50% |
$10,000 |
- |
Learn More
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|
|
A | Aug 21, 2019 Guardian bank is the worst company I’ve ever try to do business with me and my husband went to them for a refinance the lender submitted a application for a loan that was not fitting the needs we wante... Read More |
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0.50% |
$10,000 |
- |
Learn More
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0.45% |
$10,000 |
- |
Learn More
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|
0.40% 0.25% |
$1,000 $500 |
- |
Learn More
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Ugg | Jun 12, 2023 US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More |
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|
0.35% |
$10,000 |
- |
Learn More
|
|
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Scrappy | Mar 10, 2021 HORRIBLE !!!! JUST RUN AS FAST AS YOU CAN AWAY FROM THIS BANK..Save yourself the hassle of dealing with them. Read More |
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|
0.35% |
$10,000 |
- |
Learn More
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0.35% |
$10,000 |
- |
Learn More
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|
0.33% |
$1,000 |
- |
Learn More
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|
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thedon | Mar 29, 2020 have been waiting 8 weeks - yes 8 weeks for a closing date from this bank ..... they keep giving flimsy excuses requesting insignificant and unnecessary paperwork from us ( the seller ) the buyers who know... Read More |
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|
0.30% |
$10,000 |
- |
Learn More
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Bauhinia C | Mar 15, 2023 Oh Natty natty natty, haha the fact you need to take out (probably a second) loan for $160,000 on a $625,000 sends up all kinds of red flags. The bank was right to run away from YOU dear hahaha. Read More |
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0.25% |
$1,000 |
- |
Learn More
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GOb | Dec 18, 2023 They will not cash savings bonds for non-account holders Read More |
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0.25% |
$100,000 |
- |
Learn More
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0.25% |
$10,000 |
- |
Learn More
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rand | Mar 25, 2019 CDs shown are not offered in Knoxville area Read More |
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|
0.20% |
$10,000 |
- |
Learn More
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COLETTE B | May 30, 2022 I HAVE TO AGREE WITH THE OTHER REVIEWERS. THIS BANK HAS THE WORST CUSTOMER SERVICE OF ALL TIME. I HAD NO CHOICE BUT TO GO HERE... IF THERE'S ANY WAY YOU CAN AVOID, IT IS HIGHLY RECOMMENDED. LET ME GIVE ... Read More |
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|
0.15% |
$500 |
- |
Learn More
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MrBond | Feb 25, 2023 I have been working for this company more than 5 years. I would not recommend any investment with First Citizens Bank. They are the worst performer on the market based on the customer and employee reviews... Read More |
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0.10% |
$1,000 |
- |
Learn More
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D R Lineberger | Dec 30, 2018 Garden14 Read More |
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0.05% |
$2,500 |
- |
Learn More
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Rate History: 0.03% → 0.05% |
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Seeko | Mar 28, 2023 On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More |
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|
0.05% 0.01% |
$2,501 $2,500 |
- |
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Rate History: 0.03% → 0.05% |
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0.03% |
$25,000 |
- |
Learn More
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GAM | May 18, 2019 Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More |
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0.03% |
$100,000 |
- |
Learn More
|
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Treasure | Jul 24, 2023 BOFA is a den of people thieves camouflaged as bank operatives. There’s a soon to be uncovered carrel of money laundry there. They took all my money and don’t want to release it to me for no particular... Read More |
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0.01% |
$500 |
- |
Learn More
|
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|
Juan Ricardo | Nov 12, 2018 Helpful w/$ Read More |
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BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.
Five-year CDs are the big kahuna of the CD world. While banks may offer six-year, seven-year, or even 10-year CDs, the five-year is the longest of the most commonly offered terms. The 5-year CD is therefore often the highest offer at your local bank. Therefore, the temptation for those looking for yield is to open one, deposit money, and forget about it for five years. This could be a mistake. In rising rate environments a five-year CD may not be a good investment.
Like every other CD term, five year CDs from FDIC insured banks are protected up to FDIC limits (generally $250,000 per account holder per bank). If your deposit is over the FDIC limit then you may not receive the uninsured money in case of a bank failure.
The principle threat to a a five year CD is inflation. If the CD is opened in a low rate environment, and rates and inflation subsequently rise, then inflation will erode the value of the certificate of deposit over its five years. For example, if a depositor opened a five year CD in year 1 with a yield of 2.05% APY and inflation at 1.5%, then the real return is .55 percentage points. But if inflation rises the next year to 2.5% and stays there for the next four years, then the CD in real terms is losing money every year: 2.05% - 2.5% = -.45%.
While it is impossible for anyone to predict too far into the future, savers should be cognizant of the economic environment before locking up money for a five year time-period. Our rate analysis page provides some insight into where we think rates will go.
On the other hand, if rates are falling and will continue to do so for some time due to an economic recession then it makes sense to lock in a higher rate with a five year CD. Savers who opened five year CDs in 2008 immediately after the financial crisis were able to lock in rates in the 6% range, a great move considering two years later a five year CD paid below 3%.
Five-year CDs currently pay about 1.00% more in interest than a one year CD. In general, CDs of this duration are best opened as part of a laddered CD portfolio or if the depositor thinks that rates will either stagnate or drop over the next couple of years.
Opening a five year CD in a branch is relatively easy and similar to every other CD term. Most banks require the customer be a resident of the United States and most branch-based banks ask that the account be opened in the bank. Funding can be performed by transferring money that is already located at that bank or by check or ACH transfer from another bank. The CD can be opened that day and the rate locked.
With longer term CDs, savers should make sure they put a record of the CD in a safe place and that if they move, they forward their new address to the bank. In cases where the bank cannot find the CD holder, the bank may hand the funds over to a state authority as a lost deposit, and it will require onerous paperwork to reclaim the money.
All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.
To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.
Find out how much extra money you can earn by moving your bank money into an account that pays more.
Use or Change these Amounts And Rates