A wide variety of terms to choose from, competitive rates of interest, and the safety of FDIC insurance make our CDs an appealing investment option for your business.
Features and Benefits
- FDIC Insured
- Low minimum opening deposit of $500
- Terms as short as 3 months or as long as 5 years
- Competitive rate of interest that is compounded daily to help you save even more
- Multiple interest payment options depending on your needs – interest can be rolled back into the CD, paid to you monthly or quarterly by check, or transferred to the South Atlantic Bank account of your choice
- Free NetTeller Online Banking*
- Free Telephone Banking
- Penalties for early withdrawal apply**
* Third party internet or service provider rates may apply. Bill payment service is not available for Certificates of Deposit.
** Terms of 365 days or less: 3 months’ interest
Terms of 366 days or more: 6 months’ interest