Deal Summary

Bank of Madison has the top CD rate in Georgia with an APY of 1.16% for CD’s with a minimum deposit of $100,000. The average CD rate for 1-year CD’s in GA is 0.42% and 0.62% for 5-year CD’s.

Best CD Rates In GA

The top yielding CD in the state of Georgia is through the Bank of Madison which has an APY of 1.16% for CD’s with $100,000.

Georgia’s Own Credit Union and Atlanta Postal Credit Union have an APY of 1.10% for a 3 year term with a minimum deposit of $500.

Delta Community Credit Union has the next highest rate for a 3-year term with an APY of 1.05% with a minimum deposit of $1,000.

Short term CD’s with lower deposit requirements payout lesser dividends with lower rates, while long term CD’s with deposits over $100,000 yield the best APY rates. These large CD’s are often called Jumbo CD’s and pay the top rates.

You can open a CD with as little as $500 or as much as $250,000. Banks typically only insure CD’s up to $250,000.

There will be applicable penalties for withdrawing from a CD early from all banks and credit unions. The fees and penalties for early withdrawal may substantially reduce the earnings from the CD.


To be eligible for CD rates in Georgia you must live, work, worship, or go to school within the service area of the bank. Open a bank account with a top rated financial institution in Georgia by visiting a branch in person. Most banks also have an online portal for applying for membership, or you can call to speak with a banker.

Banks in Georgia

Bank Of Madison, Loyal Trust Bank, Community Bank Of Georgia, The Trust Bank, Family Bank, Hyperion Bank, First State Bank, Embassy National Bank, Tandem Bank, Touchmark National Bank, South Coast Bank & Trust, Promiseone Bank, Georgia’s Own Credit Union, Atlanta Postal Credit Union, Delta Community Credit Union

Bank Overview

Bank of Madison has the best CD rates in Georgia with a highest APY of 1.16%, 1,00%, and 0.50% depending on the term. Terms range from 6 months to 5 years. They have limited information online about the CD terms and rates available, which means that to get the best CD rate you will need to visit a branch in person.

Bank of Madison in Georgia has four main bank branches: two in Madison, GA, one in Social Circle, Ga, and one in Greensboro, Georgia. They are a traditional bank with a focus on commerce and industry development. Their history and philosophy as a bank is one of hard work, determination, and perseverance. They get to know each of their members on a personal level and provide financial literacy consulting to lead their members towards success.

They are a full-service bank meaning that they provide comprehensive financial products including saving, checking, lending, and investment. The bank was founded in Madison, GA in 1888 and have been operating for over a hundred years.