Tennessee Commerce Bank based in Franklin Tennessee is offering certificates of deposit with terms ranging from 3 months to 60 months. Their CD rates are some of the highest CD rates available right now.The minimum opening certificate of deposit account balance is $2,500 for a regular CD. Jumbo certificate of deposit accounts require a higher opening balance.

Current Tennessee Commerce Bank CD Rates: 

Duration Rate APY
3 Months .40% .40%
6 Months  .75%  .75%
12 Months 1.69% 1.70%
18 Months  1.79%  1.80%
24 Months 2.08% 2.10%
36 Months 2.37% 2.40%
48 Months 2.62%  2.65%
60 Months 2.86% 2.90% 

Tennessee Commerce Bank says it’s an “all-business bank” and they have built in cost efficiencies that translate into better rates for our customers. All certificate of deposit accounts are insured by the Federal Deposit Insurance Corporation for up to $250,000.