It’s also more than twice the national average for one-year CDs.

These CDs are not available online, so you’ll have to visit a branch in Georgia or Jacksonville, Florida.

Keep an eye out for these local rates; they tend to have better rates than many nation wide banks.

With the possibility of inflation forcing rates up, the early withdrawal penalty is an important feature for long-term CDs. If rates do rise substantially, you can always close the CD, take the penalty, and re-invest the money into a higher paying CD. The smaller the penalty, the less costly this option will be. Look for penalties of no more than 6 months of interest for terms of over one year.

Memberhip is open to anyone who lives, works, worships, or attends school in Chatham, Effingham, or Bryan Counties in Georgia. Please refer to the credit union’s Who Can Join Page for more details. Membership requires a minimum balance of $5 in the share savings account.

Branches are located in Savannah, Georgia.