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Tennessee Commerce Bank CD Rates

May 14th, 2010

Tennessee Commerce Bank is offering a 2.10% APY 2 year CD and a 2.50% APY 3 year CD, both with a minimum deposit of $2,500. These rates are available nationally and the early withdrawal penalty on both accounts is 6 months’ interest.

New accounts can be funded via ACH transfer, wire, or check. You can submit an application online, via mail, or fax. You’ll need 2 forms of ID to open a CD. Incoming wires are free while outgoing ones cost $25. You need to send a request in writing in order to close your CD at maturity. The do have ACH transfers available when you close your account which is pretty convenient.

Tennessee Commerce Bank has a 2 out of 5 star soundness rating from bankrate and is FDIC insured. To visit their website click here.

Related posts:

  1. American Bank of Commerce CD Rates
  2. Stonebridge Bank CD Rates
  3. Astoria Federal Savings CD Rates
  4. BankUnited 2.75% APY 2 Year CD
  5. Southeast Financial Credit Union 2.60% 1 Year CD
  6. Broadway Federal Bank CD Rates
  7. SunTrust Bank CD Rates

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