Certificate of Deposit (CD)

Lock-in your rate of return.

Southern Bank offers fixed rate certificate of deposit (CDs) for guaranteed earnings. Secure an even higher rate by selecting a longer term. Open a certificate for as little as $1,000 and choose from our wide range of terms available today.

Current CD Specials

Minimum deposit of $1,000 required. Minimum daily balance requirement must be met to earn annual percentage yield. A penalty will or may be imposed for early withdrawal. The interest rate and annual percentage yield may change at maturity. Fees incurred may reduce earnings. APY is accurate as of 1/2/2024. See local branch for details.

Or visit your local branch to open a CD today.

Account Details

How do CD's work?

A certificate of deposit (or CD) is an account you leave untouched for a set time while it earns interest. Choose your term from our available options and decide how much money to deposit. Along with earning interest, the account is insured up to FDIC limits.

Our CDs offer these great benefits:

- Fixed rates, above typical savings

- Longer terms typically have higher rates

- No setup or maintenance fees

- $1,000 minimum deposit to open

- FDIC insured up to $250,000

Annual Percentage Yield

What is an APY?

Annual percentage yield (APY) is a rate that includes the amount of interest your account earns, including compounding interest computed on an annualized basis. (Compounding happens when you earn interest on the interest your account has accumulated.)

CD Terms

Available CD terms

6 month

12 month

18 month

24 month

36 month

48 month

60 month

Early withdrawals subject to penalty.

Ask a Southern Bank Personal Banker for current specials.