6-Month CD Rates Deal of the Day: Cherokee Bank at 1.20% APY
The product niche of Cherokee Bank is small business lending, but this bank also offers some of the highest CD rates to individuals as well. Cherokee Bank is currently providing a six month CD rate of 1.20% APY.
A minimum deposit of $1,000 is needed to earn this CD rate. There is a penalty for early withdrawal and rates are subject to change without notice.
Cherokee Bank began in 1999. Its professional staff of about 40 employees have a total of 730 combined years of experience in the banking industry, with an area of expertise in small business lending. Its size and structure allow lenders to make fast and personal decisions regarding loan applications, as well as implement new services and technology quickly. Cherokee Bank always works toward “creating a banking experience that is pleasant and efficient, with a variety of options and services to fit each individual’s and each family’s needs.” There are two branch locations in Canton and one in Woodstock, Georgia.
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