bank rates

Tennessee Commerce Bank Certificate of Deposit Rates

The Chairman of Tennessee Bank assures his commitment for serving your business and personal financial needs. The staff of this bank is mindful of your needs and respond personally in circumstances where you need their help or advise. It gives you an opportunity to bank electronically through its website. You may sign up for taking a test drive or straight away sign up for Online Banking.

Now you can earn a predictable rate of interest on your unused money. You may open a Certificate of Deposit (CD) account with Tennessee Bank. You will need a minimum of $5,000 to open your Certificate of Deposit account:

– A deposit made for 3 months would earn 2.91% interest with 2.95% APY.
– A deposit made for 6 months would earn 3.35% interest with 3.40% APY.
– A deposit made for 12 months would earn 3.74% interest with 3.80% APY.
– A deposit made for 18 months would earn 3.69% interest with 3.75% APY.
– A deposit made for 24 months would earn 3.69% interest with 3.75% APY.
– A deposit made for 36 months would earn 3.78% interest with 3.85% APY.
– A deposit made for 48 months would earn 3.74% interest with 3.80% APY.
– A deposit made for 60 months would earn 3.74% interest with 3.80% APY.
* The above interest rates and APYs have been noted as on 21-05-08.

@ Your funds are FDIC insured upto maximum allowable limit.
@ The interest rate will be fixed for the term of your CD.
@ You can get the interest by getting it added up to your certificate’s balance or deposit to another account or by check.
@ A small fee is levied for early withdrawals.

You can open your CD account now by applying online via this page:
https://www.tncommercebank.com/PersonalApplicationForms.asp

For complete details on Certificate of Deposit account you may contact a Customer Service Representative for assistance at (615)-599-2274 or 1-877-684-2265.

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  1. Lynn w said:
    on July 13th at 03:12 pm

    Rates way out of date. Causing problems.