Available to residents in Alabama and Georgia, Southern States Bank has a wider array of products to meet your individual needs when you open an account in branch. Currently, they are offering a 2.24% APY rate on a 9-month CD Special when you provide a $5,000 deposit. Once you have signed up for this promotion, you will have instant access to a range of features such as online and mobile banking as well as a wide range of CD lengths for you to take advantage of. If you are interested make sure you read on to learn more about Southern States Bank!
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Southern States Bank CDs:
CDs are a certificate issued by a bank to a person depositing money for a specified length of time and usually the longer of a term it is, the higher APY rate you make! Southern States Bank is currently offering a 2.24% APY 9-Month CD Special. With their current promotion, you are able to open an account with a low opening deposit. Be sure to view our Best 6- to 9-Month CD Rates list to see how it compares. If you’re interested in making a higher rate than a traditional savings account, then make sure to check out the rate table below.
CD Rates Special:
| Term | APY Rate | Minimum Deposit | How They Compare |
| 9 Month | 2.24% | $5,000 | Best 6-9 Month CD Rates |
Certificates of Deposits Rates:
| Term | APY Rate | Minimum Deposit |
| 13 Months | 1.90% | $5,000 |
| 19 Months | 2.15% | $5,000 |
*Rates Effective As Of 7/18/2018 *
CD Features:
- $500.00 minimum deposit
- Term from seven days to five years
- Interest compounded — on 100% of the balance, credit at maturity or annually
- Interest may be paid monthly, quarterly, semi-annually, annually or at maturity, by check or direct deposit into another SSB account
- No withdrawals allowed
- Penalty for early withdrawals
- Automatically renewable at interest rate in effect for term of C.D.
Bottom Line:
If you’re interested in a short term or long term CD, look no further than Southern States Bank. Right now, with their 2.24% APY rate on a 9-month CD Special, you will be able to take advantage of a industry leading CD rate as well as a wide selection of features to cater to your every need. All you need to do is to pick your CD term and watch your money grow! I recommend signing up for this CD account, especially with such a low balance requirement! Sign up for a CD with Commerce National Bank & Trust and the enjoy their high APY rates today. If you are not interested or eligible, check out our Best CD Rates at HMB!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.