Compare Bank & Credit Union Rates
Best CD rates in Memphis, TN
Compare published certificate yields with their terms, opening minimums, requirements, collection dates and original sources.
Top CD rates
Showing 31–45 results in Memphis, TN
- FedTrust Federal Credit UnionCertificateCD · 6 months · $1,000 min · 2.78%–3.04% by balance
Credit union · 4 branches
3.04%APY$151 over 6 months on $10,000Requirements
Product: Quarterly paid dividends.
Offer: Quarterly paid dividends.
2.75% interest rate
Rate by balance
Rate by balance for Certificate Balance APY $1,000 and up 2.78% $10,000 and upYour amount 3.04% Rate checked
More details - FedTrust Federal Credit UnionSimple Saver CertficateCD · 12 months · $100 min
Credit union · 4 branches
3.04%APY$304 over 1 year on $10,000Requirements
Product: Quarterly paid dividends.
Offer: Quarterly paid dividends.
3.00% interest rate
Rate checked
More details - 3.03%APY$303 over 1 year on $10,000
Requirements
Product: Early withdrawals from CDs will incur substantial penalties. Fees could reduce earnings on some accounts. Additional deposits are permitted to share certificates up to 10 days after open/renewal date. The minimum required to open is the same as the minimum required to earn corresponding interest. Monthly Interest / Monthly Check - Posted rate less .20% APY. All rates subject to change without notice.
3.00% interest rate · Effective Oct 15, 2026
Rate checked
More details - 3.00%APY$300 over 1 year on $10,000intro rate
Requirements
Product: Offer is available for a limited time at any BankTennessee location. Opening funds cannot be transferred from an existing BankTennessee account. Subject to early withdrawal penalty.
Offer: Current as of September 13, 2022. Minimum amount to open is $1,000.00 and cannot be transferred from an existing BankTennessee account. At the end of 12 months, the rate will adjust to the current advertised 12-month BankTennessee certificate of deposit rate. Penalty for early withdrawal.
Promotional rate · Effective Sep 13, 2022
Rate checked
More details - 2.50%APY$1,314 over 60 months on $10,000
Requirements
Product: Minimum amount $500 for a stated period of time (30 days to 5 years). Automatically renewable fixed rate; 10-day grace period after maturity to withdraw funds without penalty. Simple interest early withdrawal penalty: 91 days of interest for terms of 12 months or less, 182 days of interest for terms longer than 12 months (waived in the event of death or incompetency). No funds may be added during the term.
Offer: 60 Months term. APY assumes interest paid will not be withdrawn.
2.50% interest rate
Rate checked
More details - SecurCommunity Federal Credit UnionShare Certificate AccountCD · 12 months · $1,000 min
Credit union · 3 branches
2.25%APY$225 over 1 year on $10,0002.25% interest rate
Rate checked
More details - FAA Federal Credit UnionShare CertificatesCD · 60 months · $500 min · 2.20%–2.30% by balance
Credit union · 2 branches
2.20%APY$1,149 over 60 months on $10,000Requirements
Product: Fixed rates; higher rates by selecting longer term or higher balance tier. Early withdrawal penalty applies: 90 days dividends for terms of 1 year or less, 180 days dividends for terms greater than 1 year. NCUA insured up to $250,000. No setup or maintenance fees.
Offer: Term is 60 Month (1825 days). Penalty for early withdrawal.
2.18% interest rate · Effective Jan 2, 2026
Rate by balance
Rate by balance for Share Certificates Balance APY $500 and upYour amount 2.20% $50,000 and up 2.30% Rate checked
More details - 2.03%APY
Requirements
Product: Penalty may be imposed for early withdrawal (7 Day CD - 18 Month CD: 31 days). Deposits of $100,000.00 or more add 0.25%. Personal CD Balances of $1,000,000.00 or more add 0.50%. Fees may reduce earnings.
Offer: Deposits of $100,000.00 or more add 0.25%. Personal CD Balances of $1,000,000.00 or more add 0.50%. Early withdrawal penalty: 31 days.
2.00% interest rate · Effective Aug 9, 2023
Rate checked
More details - Wells FargoConsumer Fixed Rate Time AccountCD · 24–35 months · $2,500 min · 1.76%–2.27% by balance
Bank · 6 branches
1.76%APYwith conditionsRequirements
Product: Fixed rate CD. Standard opening minimum deposit is $2,500. Early withdrawal penalties apply.
Offer: Relationship rate; requires eligible linked checking account.
Qualified rate · 1.74% interest rate · Effective Oct 3, 2026
Rate by balance
Rate by balance for Consumer Fixed Rate Time Account Balance APY Up to $100,000Your amount 1.76% $100,000 and up 2.27% Rate checked
More details - 1.00%APY$100 over 1 year on $10,000
Requirements
Product: Early withdrawal penalty of 90 days' dividends applies. Partial withdrawals not allowed. Dividends paid quarterly. Account automatically renews at maturity with a 10-day grace period.
Offer: Early withdrawal penalty applies. Dividends paid quarterly.
1.00% interest rate · Effective Jul 1, 2021
Rate checked
More details - FedTrust Federal Credit UnionConvenient Money CDCD · 12–24 months · $1,000 min · 0.75%–1.00% by balance
Credit union · 4 branches
1.00%APYRequirements
Product: Quarterly paid dividends.
Offer: Quarterly paid dividends.
0.75% interest rate
Rate by balance
Rate by balance for Convenient Money CD Balance APY $1,000 and up 0.75% $10,000 and upYour amount 1.00% Rate checked
More details - Hope Credit UnionTransformational Deposits CertificateCD · 12–60 months · $1,000 min
Credit union · 4 branches
0.25%APYRequirements
Product: Not available on 6-month term. High-impact certificates at below-market rates to help extend economic opportunities. Early withdrawal penalties apply. Insured up to $250,000 by NCUA.
Offer: Not available on 6-month term. Available for 12, 24, 36, or 60 months.
0.25% interest rate · Effective Oct 1, 2026
Rate checked
More details - 0.10%APY$5 over 6 months on $10,000
Requirements
Product: Penalty for early withdrawal. Interest compounded annually on CDs over one year. Automatic renewal.
Offer: Penalty for early withdrawal.
Compounded annually · Effective Apr 1, 2024
Rate checked
More details - Kennedy VA Employees FCU6 Month Term AccountCD · 6 months · $1,000 min · 0.05%–0.08% by balance
Credit union · 1 branch
0.08%APY$4 over 6 months on $10,000Requirements
Product: Early withdrawal penalty of 90 days' dividends applies. Partial withdrawals not allowed. Dividends paid quarterly. Account automatically renews at maturity with a 10-day grace period.
Offer: Early withdrawal penalty applies. Dividends paid quarterly.
0.05% interest rate · Effective Jul 1, 2021
Rate by balance
Rate by balance for 6 Month Term Account Balance APY $1,000 and up 0.05% $5,000 and upYour amount 0.08% Rate checked
More details - 0.05%APY$2 over 6 months on $10,000with conditions
Requirements
Product: CD ladders are a group of four CDs opened at the same time for the same amount with different terms, with a minimum of $1,000 in each CD. A linked Chase Private Client Checking account is required.
Offer: 12-month CD ladder relationship rate. Requires linked Chase Private Client Checking account.
Qualified rate · 0.02% interest rate · Effective Oct 16, 2026
Rate by balance
Rate by balance for CD Ladder Balance APY Up to $9,999 0.02% $10,000 – $99,999Your amount 0.05% $100,000 and up 0.05% Rate checked
More details
Carrot Score rates each institution on all its CD, savings, auto loan and credit card rates, not just the account shown. How we rank
What CDs pay in Memphis, TN
266 CDs at 30 banks and credit unions · checked Oct 15–22
- Typical
- 2.00%
- Top 10% from
- 3.88%
- Banks, typical
- 0.40%
- Credit unions, typical
- 2.99%
Is your bank paying you enough?
Find your bank or credit union to see all its rates and how they compare near you.
Memphis, TN-MS-AR metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- LGWFCUCredit union · 1 branch
- Leaders Credit UnionCredit union · 2 branches
- Memphis City Employees Credit UnionCredit union · 6 branches