Compare Bank & Credit Union Rates
Best CD rates in Tennessee
Compare published certificate yields with their terms, opening minimums, requirements, collection dates and original sources.
Top CD rates
Showing 1–15 results in Tennessee
- 5.01%APY$501 over 1 year on $10,000with conditions
Requirements
Product: Exclusive to Farragut Branch. Must be a new customer to the bank. Live or work in ZIP Codes: 37934, 37922, 37923, 37932, and 37772. Must open a new DDA Account (Personal or Business) with a minimum $500 deposit (Money Market Accounts do not qualify). CD Funds must be new money to the bank. Maximum $150,000 per household. Early withdrawal penalties apply. Limited time only.
Offer: 12-Month Term. Interest Rate Earned is 4.89%. Requires opening a new DDA Account (Personal or Business) with a minimum $500 deposit; must be a new customer living or working in ZIPs 37934, 37922, 37923, 37932, or 37772; new money; max $150,000 per household; early withdrawal penalties apply.
Qualified rate · 4.89% interest rate · Balance cap $150,000 · Effective Apr 22, 2026
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More details - Knoxville TVA Employees Credit UnionCertificate AccountsCD · 12 months · $2,500 min
Credit union · 24 branches
5.00%APY$500 over 1 year on $10,000Requirements
Product: Paper statement fee $2.00/month unless enrolled in eStatements. Early withdrawal penalty: 90 days dividends for terms 17 months or less; 180 days for 18 months or more. Add 0.25% APY to dividend rate for $10,000+ new money OR direct deposit. Not applicable to 12-month term.
4.89% interest rate · $2 monthly fee · Effective Oct 15, 2026
Rate checked
More details - 4.50%APY$450 over 1 year on $10,000intro rate
Requirements
Product: The minimum balance to open an account and obtain the APY is $1000. A penalty may be imposed for early withdrawal.
Offer: 12 Month Certificate of Deposit. APY assumes funds remain on deposit a full year at the listed rate or until maturity, whichever is greater. Penalty for early withdrawal.
Promotional rate · 4.50% interest rate
Rate checked
More details - Tennessee Valley Federal Credit UnionShare CertificatesCD · 12 months · $1,000 min
Credit union · 21 branches
4.50%APY$450 over 1 year on $10,000Requirements
Product: Early withdrawals may incur penalties. No setup or maintenance fees.
Offer: A penalty applies for early withdrawal.
4.43% interest rate
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More details - 4.39%APY$439 over 1 year on $10,000intro rate
Requirements
Offer: Special 12-Month Fixed Rate CD requires new money deposits. Automatically renews at the then-prevailing published 12-month standard rate and APY.
Promotional rate · 4.30% interest rate · Effective Oct 16, 2026
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More details - 4.35%APY$435 over 1 year on $10,000intro rate
Requirements
Offer: Limited-time offer. Promo rate valid during initial term only; not applicable to renewals. No minimum balance required to earn APY. Compounded quarterly. Early withdrawal penalty applies.
Promotional rate · 4.28% interest rate · Compounded quarterly · Effective Sep 24, 2026
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More details - Employee Resources Credit UnionCertificates of DepositCD · 12 months · $5,000 min
Credit union · 5 branches
4.32%APY$432 over 1 year on $10,000Requirements
Product: Early withdrawal penalties apply. Rates subject to change at any time.
Offer: One Year term.
4.25% interest rate · Effective Oct 13, 2026
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More details - 4.28%APY$428 over 1 year on $10,000
Requirements
Product: Penalty for early withdrawal. NCUA insured up to $250,000. Rates and APY may change after account opening.
Offer: A penalty will be imposed for early withdrawal.
4.20% interest rate · Effective Sep 18, 2026
Rate checked
More details - 4.27%APY$427 over 1 year on $10,000intro rate
Requirements
Product: Must be new money not currently on deposit at Sonata Bank. Rate specials are available to consumers in Tennessee.
Offer: Applies to the initial term of a new 12-month CD Special. Must be new money to Sonata Bank. Available to consumers in Tennessee.
Promotional rate · Effective Sep 25, 2026
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More details - Chattanooga Federal Employees Credit UnionCertificateCD · 12 months · $1,000 min
Credit union · 1 branch
4.27%APY$427 over 1 year on $10,0004.20% interest rate
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More details - Y-12 Federal Credit UnionChoose Your Term Special Offer Share CertificateCD · 12 months · $500 min
Credit union · 16 branches
4.25%APY$425 over 1 year on $10,000intro rateRequirements
Product: Limited time offer. Minimum balance to receive advertised rate is $500. Automatically renews at maturity unless changes are made during 7-day grace period. Penalty for early withdrawal.
Offer: 12 Months term.
Promotional rate · 4.17% interest rate · Effective Oct 15, 2026
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More details - COMTRUST Federal Credit UnionCertificates of Deposit (CDs)CD · 12 months · $1,000 min
Credit union · 3 branches
4.25%APY$425 over 1 year on $10,000Requirements
Product: Certificate requires $1,000 minimum to open and will automatically renew at the end of the term. Fees may reduce earnings on account. Rates subject to change without notice. Penalty for early withdrawal. Federally insured up to $250,000 by NCUA. Opening a CD online is available to existing members; new members can open an account online and add a certificate once membership is established.
Offer: Annual Percentage Yield is based on monthly compounding. Penalty for early withdrawal. Automatically renews at the end of the term.
4.17% interest rate
Rate checked
More details - 4.25%APY$425 over 1 year on $10,000
Requirements
Product: Early withdrawal penalty applies: 30 days dividends for terms less than 1 year, 90 days dividends for terms 1 to 5 years. Average daily balance calculation method. Dividends compound based on rate schedule. 7-day grace period at maturity. Must maintain minimum share ($5.00) in Regular Savings.
4.17% interest rate · Effective Oct 1, 2026
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More details - Leaders Credit Union12-Month Certificate SpecialCD · 12 months · $1,000 min
Credit union · 10 branches
4.25%APY$425 over 1 year on $10,000intro rateRequirements
Product: Limited time only. Applies to new money only (funds not on deposit with the credit union within the last 30 days). Existing members without a checking account can qualify by opening a new checking account. At maturity, automatically renews as a 12 Month Certificate at prevailing rate. Early withdrawal penalties apply.
Offer: Dividends compounded and credited monthly. Fixed rate. Limited time offer for new money only.
Promotional rate · 4.17% interest rate · Effective Jul 1, 2026
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More details - 4.20%APY$420 over 1 year on $10,000
Requirements
Product: FDIC-insured certificates of deposit customized to meet specific needs. Rate not available to institutional investors.
Offer: Early withdrawal penalty will apply. Rate and offer subject to change without notice. Rate not available to institutional investors.
Effective Sep 29, 2026
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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
* APY calculated from the stated interest rate. Daily compounding is assumed when the institution does not state it.
What 1-year CDs pay in Tennessee
163 CDs at 128 banks and credit unions · checked Oct 15–22
- Typical
- 3.29%
- Top 10% from
- 4.18%
- Banks, typical
- 2.78%
- Credit unions, typical
- 3.33%
Is your bank paying you enough?
Find your bank or credit union to see all its rates and how they compare near you.
Tennessee
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Knoxville TVA Employees Credit UnionCredit union · 24 branches
- LGWFCUCredit union · 1 branch
- Bowater Credit UnionCredit union · 5 branches