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.  

Pait Willis, Chairman of the Board, SGBC, wife Rachel Willis and Glenn Willis, Jr., President, SGBC at the OAM Luncheon The OAM kick-off luncheon and presentation of the George A. Wright Memorial Award was held at 11:30 a.m. Wednesday, May 2 at First Baptist Church Family Life Center. Because of George A. Wright's outstanding contributions as a citizen of Tift County, a perpetual memorial for him was established and is awarded annually to an individual(s) 60 years of age and older who exemplify the qualities that Wright exhibited.

Those qualities include Wright's contribution as a community service and civic leader, his Christian witness as a church man, his service as a dedicated patriotic American, his loving devotion to his family and his career as an outstanding businessman.

Many remember the positive influences Wright had on the Tiftarea and how he reached out and touched the lives of many others. In so many ways, he always made people feel glad that "George" had come their way. All of those qualities led the people of Tift County to honor him, posthumously, with the "Outstanding Senior Citizen of the Year" award in 1981. That is why the George A. Wright Memorial Award has been established by those who knew him best and love him most.

This year's recipient of the award was Ms. Holly Hall.  Congratulations from South Georgia Banking Company.

Sponsors were Bradley Place, Dogwood Senior Health Center, Heart & Hands Private Home Care, Southern Home Medical, LLC, First Baptist Church and South Georgia Banking Co.

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