Tennessee Savings Account Rates: Banks Versus Credit Unions
Both community banks and credit unions have garnered reputations as sources of excellent interest rates, which is great to know when you’re looking for the highest rate on your Tennessee savings account. Of course, only one financial institution in the state can have the very best interest rate of all, and you probably want to know where that is. Is it the nearby bank or your community credit union? You’re about to find out.
Below is a list of the best savings account rates in Tennessee, split up by credit unions and banks. Did your financial institution make the list?
Tennessee Banks with the Highest Savings Rates
- Community National Bank Dayton, TN: 0.6%
- Peoples Bank Manchester, TN: 0.5%
- Home Federal Bank of Tennessee: 0.5%
- Mountain National Bank: 0.4%
- Community Bank Lexington, Jackson TN: 0.35%
Credit Unions in Tennessee with the Best Savings Interest Rates
- Happy Valley Credit Union: 1%
- Johnsonville Tva Employees Credit Union: 0.8%
- I Trust Credit Union: 0.5%
- Kimberly Clark Credit Union: 0.5%
- Healthnet Credit Union: 0.5%
Please note that these rates are accurate as of 6/17/11, but are subject to change at any time.
