Bank · FDIC insured
Independent Bank CD Rates
Independent Bank’s best CD rate is 4.20% APY on a 13-month CD. Terms run from 7 months to 13 months. Rates checked October 15, 2026.
How Independent Bank’s CD rates compare
Compared with banks and credit unions in Tennessee, where Independent Bank has the most branches. $10,000, best rate first.
This bank’s best
Independent Bank
4.20%APY
- Term
- 13 months
- Requires
- None
- Minimum
- —
- Earns on $10,000
- $456
Certificates of Deposit
Top rate
First Century Bank
5.01%APY
- Term
- 12 months
- Requires
- Another account
- Minimum
- $500
- Earns on $10,000
- $501
2nd-highest rate
First Jackson Bank
5.01%APY
- Term
- 60 months
- Requires
- None
- Minimum
- $1,000
- Earns on $10,000
- $2,769
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Certificates of Deposit
Up to 4.20%APY · 2 terms
Early withdrawal penalties apply. Fixed interest rate varies by term. Multiple interest payment options available (at maturity, annually, semi-annually, quarterly, or monthly). Automatically renewable with a 10-day grace period.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 7 monthsSpecial promotional rate. Minimum balance of $1,000 required for 4.10% APY. Early withdrawal penalties may apply | 4.10% | $237 |
| 13 monthsSpecial promotional rate. Minimum balance of $1,000 required for 4.20% APY. Early withdrawal penalties may apply | 4.20% | $456 |
Sources (3)
- i-bankonline.com/personal/savi…/certificates-of-deposit
- i-bankonline.com/personal/savi…ds/current-rate-specials
- i-bankonline.com
All captured Oct 5, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.