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 October 15, 2014.
Rates are subject to change. A penalty may be imposed for early withdrawal.

SGBC Celebrates Georgia Peanut Bank Week

South Georgia Banking Company celebrates Georgia Peanut Bank Week by congratulating all Georgia Peanut Farmers for their outstanding peanut production.   Georgia leads the nation in peanut production and is proud to support the peanut industry and our local farmers.  In recognition of Georgia Peanut Bank Week (October 18-25), all SGBC locations will be giving away peanut snacks, displaying local artwork and serving refreshments for customers on Friday, October 24.  Print out this coloring page for the kids to color and return it to your local branch for them to display in the lobby.

Read more.  

 

South Georgia Banking Company Announces Addition of Mike Rice

South Georgia Banking Company (SGBC) announces the addition of Mike Rice at their Ashburn branch. A veteran bank lender and Turner County native, Mike’s experience is in commercial and agriculture lending as well as consumer lending.

“I am very excited about working with South Georgia Banking Company,” said Rice. “I’m looking forward to working with the businesses, farmers and people I have known my entire life.  To be able to offer the benefits of a local community bank to my friends and neighbors is a great opportunity.”

Glenn Willis, president of South Georgia Banking Company, knows the combination of banking experience and local knowledge Rice brings to the table delivers a lot of value to customers.

“Mike’s 17 years in banking and his Ashburn roots make him an instant fit for our customers in the Turner County area,” said Willis. “We are fortunate to bring someone with his experience and knowledge to our team.”

Rice began working in the banking industry in 1996.  He is a graduate of the Community Bankers Association of Georgia’s Banking School and has attended numerous other schools, including Consumer Lending School and Commercial Lending School. 

South Georgia Banking Company, with locations in Tifton, Moultrie, Ashburn and Cordele, works with area businesses, farmers and individuals to provide loans and other banking services.  “We take a real interest in our customers and their needs. From business and agriculture loans to help growth and expansion to personal loans and mortgages, our officers provide customized banking solutions, ” said Willis.

Rice and his wife Sheila, who is an owner in Calhoun Produce, have two children; Jessi, a student at Abraham Baldwin Agricultural College and Jake, a student at Turner County High School. 

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