Appalachian Community Bank is offering a 2.5% APY 18 month CD, a 1.55% APY 6 month certificate of deposit, and a 2.15% APY 1 year CD. There’s a $5,000 minimum deposit on their CDs.
There’s an online application and this offer is available nationally. The early withdrawal penalty is 3 months’ interest and there’s a 10 day grace period upon maturity.
The rate locks in when you submit the application as long as they receive the funds within 5 days of receiving the application. I’d suggest sending funds ASAP to make sure you get the rate locked in.
If you’d like to open an account in person Appalachian Community Bank has branches in Georgia, North Carolina and Tennessee.
Appalachian Community Bank only has a 1 out of 5 star soundness rating from bankrate so I suggest you stay under the $250,000 FDIC insured limit.