Highest CD Rates in Tennessee
Today, for our next regional look at certificate of deposit rates, we’re going to Tennessee to show you where the best CD rates in Tennessee are located. In our continued look at regional offers here at Highest CD Rates Info, we bring you only the best.
We’ll list offers by term and then rank them by annual percentage yield (APY). Other information, such as minimum deposit requirements, will also be included.
1 Year Term Highest CD Rates in Tennessee
For this term, the highest CD rates are at Ally Bank with a 2.05% APY and no minimum deposit required. Regions Bank has a 0.70% APY with a $500 minimum and Bank of America has a 0.70% APY with a $1,000 minimum deposit. SunTrust Bank has a 0.40% APY with a $2,000 minimum required.
3 Year Term Tennessee CD Rates
For this term, top CD rates are still at Ally Bank with a 2.75% APY and no minimum deposit required. Bank of America has a 2.05% APY and a $1,000 minimum deposit requirement while Regions and SunTrust both have 1.25% APY offers with a $500 and $2,000 minimum deposit required, respectively.
5 Year Term Best CD Rates in Tennessee
For this term, Ally Bank still dominates current CD rates at 3.40% APY with no minimum deposit required. Bank of America has a 2.76% APY with a $1,000 minimum deposit while Regions Bank has a 2.00% APY with a $500 minimum.
All banks listed are FDIC insured. If you see any rates that appeal to you, lock yours in today as the highest CD rates change often and these Tennessee CD rates won’t last long.