Bump Up CD
Georgia Primary Bank believes that when interest rates go up, it’s only fair our customers’ interest earnings should rise as well.
It’s Not If, But When Interest Rates Will Rise.
Georgia Primary Bank has a new CD product that takes the uncertainty out of when interest rates will rise. It is called the Bump Up CD and depending on which term you choose, you can “Bump Up” the interest rate either once or twice during the term of the CD. It’s that simple! When interest rates rise, so can the rate you earn. You decide when.
2 Year Bump Up CD:
You may bump up the rate one time during the term of the CD to the current rate for the same product and term+*.
3-5 Year Bump Up CD:
You may bump up the rate two times during the term of the CD to the current rate for the same product and term+*.
+For Existing Customers, new funds are required. CD’s are single maturity. Product offering may be withdrawn at any time. Fees and other conditions may reduce earnings on accounts; ask for details. For other terms and conditions, please refer to account disclosures available at account opening and upon request. A penalty may be imposed for early withdrawals. $1,000.00 minimum deposit required to open account and obtain Annual Percentage Yield.
*Individual Retirement Accounts are not eligible for the “Bump Up CD Program”