CD Rates

Minimum Opening Deposit 1,000.00
Term 12 months
Interest Rate 0.50%
Annual Percentage Yield 0.50%
Annual Percentage Yield is effective as of February 10, 2016.
Rates are subject to change. A penalty may be imposed for early withdrawal.

Blowing the Whistle on Tax Scams

Tax season is upon us, and that means tax scams are as well.  While fraudulent activity is its highest around the April 15th filing deadline, you can be vulnerable to scams throughout the year.  South Georgia Banking Company wants to give you the tools and information to avoid tax scams by telling you how to identify legitimate programs and how to avoid illegal ones.  The Internal Revenue Service (IRS) publishes a "Dirty Dozen" tax scams each year which covers topics that range from identity theft through tax fraud.  We will go over those very scams in this article.

By definition, a tax scam can be a simple hoax used to take money from an individual, or a very complicated scheme that aims to intentionally defraud the victim.  Since these illegal activities use federal income taxes as their "lead in" to attract the unsuspecting client, they are referred to as tax scams.  

The list of tax scams we have compiled is the IRS' "Dirty Dozen" Tax Schemes to avoid. If you feel you may have fallen victim to any of these, contact the IRS (https://www.irs.gov/Help-&-Resources) directly and call South Georgia Banking Company as well - we are here to help our customers in any way.

Beware of these scams to watch out for as April 15th approaches.  Click here to read more.  

 

Putting Our Best Foot Forward

Several local charities and schools in our area are in need of shoe donations –and that’s where South Georgia Banking Company (SGBC) is stepping in.
 
Throughout the month of October, SGBC will accept shoe donations at our branches located in Tift, Colquitt, Turner and Crisp counties. New or gently used shoes are preferred and can be dropped off at collection stations located in each branch’s lobby. All donations benefit charities and schools within each county. Recipients of donations in the Cordele area are Crisp County DFACS and Crisp County elementary schools.
 
The Division of Family and Children Services, also known as DFACS, provides a variety of services and programs to help families take a step in the right direction including welfare and employment support, child protection services and foster care. Their reach is widespread; therefore, shoe donations for men, women and children are all greatly appreciated.

“The idea to host this shoe drive stemmed from our 2010-2011 marketing campaign ‘Partners in the Walk of Life,’” said Brinson Brock, City President of SGBC in Ashburn. "Banking relationships aren't just about deposits and withdrawals. We're concerned about the whole person not just the financial side."

            

Faye Leary showing off some sassy shoes!                                                                    

     

Collection station

  

Just a few of the donated shoes

 


                                                                                                   

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