Tennessee Commerce Bank CD Rates

Tennessee Commerce Bank is offering one of the top CD rates for a 12-month certificate of deposit. Tennessee Commerce Bank has it’s headquarters in Franklin, Tennessee, is offering a 12-month CD that currently has a rate of 1.88 percent and an annual percentage yield of 1.90 percent. A lot higher than the average national CD rate for a 12-month CD.

The certificate of deposit rate and yield are for CD deposits in the amounts between $2,500 and $99,000. Tennessee Commerce Bank has been insured by the Federal Deposit Insurance Corporation (FDIC) since January 14, 2000. The bank’s FDIC Cert number is 35296.

Right now the bank is also offering CD rates for the following certificate of deposit terms.

• 3-months CD rate of .65 percent
• 6-months CD rate of 1.09 percent
• 18-months CD rate of 1.98 percent
• 24-months CD rate of 2.47 percent
• 36-months CD rate of 2.52 percent
• 48-months CD rate of 2.67 percent
• 60-months CD rate of 2.77 percent

These certificate of deposit rates are as of August 15, 2009.