Best 4-Year CD Rates in Tennessee, TN

You are viewing rates from banks across Tennessee

Below are four-year CD Rates from banks in Tennessee . Four-Year Certificates of Deposit (CD) are not as popular as the three and five year terms which means the rates often aren’t as competitive. The best four year cd rates are often only marginally above the 3 year rates. Nevertheless, for those who want to lock in a rate for a longer period of time, 4 year cds are worth a look.

TN - December 4, 2024

4 Year CD National Average : 0.81% ^?

Banks	APY	MIN	MILES ^?
Seattle Bank	3.80%	$1,000	-	Learn More
Early Withdrawal Penalty is 180 days interest. Rate History: 4.65% → 4.55% → 4.20% → 4.05% → 3.80%
Rob H. \| Nov 21, 2023 A real pain in the *** process to try and get approved! They were unable to match my drivers license photo with my live image after several times trying! Went to limelight bank instead and got approved in ... Read More Reviews (2)
Capital One, National Association	3.55%	$0	-	Learn More
Rate History: 4.05% → 3.95% → 3.75% → 3.55%
highstream \| Jan 2, 2024 Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More Reviews (14)
Gateway First Bank	3.00%	$500	-	Learn More
JohnC \| Oct 11, 2020 You probably thought - as did I - that you were looking at a site that belongs to and was the responsibility of Gateway First. After all it includes their headings, selected financial statements, many pag... Read More Reviews (3)
Citizens	3.00%	$5,000	-	Learn More
Dana E. \| Mar 20, 2016 Good solid bank. Read More Reviews (1)
USAA Federal Savings Bank	2.50%	$1,000	-	Learn More
RYAN S \| Nov 28, 2022 While USAA was at one point a great option for all your banking needs, the service has deteriorated so much that I'm currently in the process of changing banks after more than 2 decades. The final straw w... Read More Reviews (2)
Elizabethton Federal Savings Bank	2.15%	$500	-	Learn More Add Review
Citibank, National Association	2.00%	$0	-	Learn More
Azoic \| Feb 25, 2022 I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account. Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary. Accelerate Savings w... Read More Reviews (11)
JPMorgan Chase Bank, National Association	2.00%	$10,000	-	Learn More
Rate History: 2.00% → 2.50% → 2.00%
Hayley7788d@outlook.com \| Jan 2, 2023 Terrible customer service by investment side. Fees too high , too full of themselves Read More Reviews (18)
City National Bank	1.51%	$10,000	-	Learn More Add Review
Rate History: 1.76% → 1.51%
Union Bank	1.20%	$100,000	-	Learn More Add Review
Bank of Lincoln County	1.20%	$10,000	-	Learn More Add Review
Homeland Community Bank	1.20%	$10,000	-	Learn More Add Review
Lawrenceburg Federal Bank	1.15%	$10,000	-	Learn More Add Review
Citizens Savings Bank and Trust Company	1.11%	$10,000	-	Learn More Add Review
Union Bank	1.10%	$10,000	-	Learn More Add Review
First Commerce Bank	1.10%	$10,000	-	Learn More Add Review
Bank of Gleason	1.05%	$100,000	-	Learn More Add Review
TriStar Bank	1.05%	$10,000	-	Learn More Add Review
Heritage Community Bank	1.05%	$10,000	-	Learn More Add Review
Hingham Institution for Savings	1.00%	$1,000	-	Learn More Add Review
TriStar Bank	1.00%	$100,000	-	Learn More Add Review
CedarStone Bank	1.00%	$100,000	-	Learn More Add Review
One Bank of Tennessee	1.00%	$10,000	-	Learn More
user \| Aug 6, 2021 Can take days to set up internet banking. They won't fax anything for you. Not a customer oriented bank as they claim. Read More Reviews (1)
Civis Bank	1.00%	$10,000	-	Learn More
Linda Hutson \| Jan 27, 2022 I closed account today, due to bank closing. I was slow on thinking, I was charged $5 per account for Cashier's Checks. I should of been offered cash with no charge. My feelings is I should have been give... Read More Reviews (1)
Security Federal Savings Bank of McMinnville	1.00%	$10,000	-	Learn More Add Review
Greeneville Federal Bank, FSB	1.00%	$10,000	-	Learn More Add Review
Bank of Gleason	0.95%	$10,000	-	Learn More Add Review
Apex Bank	0.95%	$10,000	-	Learn More
jenningsjerome56@gmail.com \| Aug 26, 2020 JeanJennings6 Read More Reviews (4)
Bank of Tennessee	0.94%	$10,000	-	Learn More Add Review
First Century Bank	0.94%	$10,000	-	Learn More
Rand \| Mar 1, 2021 And yet again. Two more CD rates offered on this date only on this site not by the bank. Read More Reviews (1)
Carroll Bank and Trust	0.90%	$10,000	-	Learn More Add Review
Wilson Bank and Trust	0.90%	$10,000	-	Learn More Add Review
Citizens Bank of Lafayette	0.90%	$10,000	-	Learn More Add Review
CedarStone Bank	0.90%	$10,000	-	Learn More Add Review
BankTennessee	0.90%	$10,000	-	Learn More
Burcalguy \| Nov 4, 2019 So convenient, the branch is right around the corner and the process (paper work) was minimal. I had some extra cash sitting in a very low interest rate savings account in another state that made sense to ... Read More Reviews (1)
The Bank of Jackson	0.90%	$10,000	-	Learn More Add Review
Coffee County Bank	0.90%	$10,000	-	Learn More Add Review
Citizens Bank	0.85%	$1,000	-	Learn More Add Review
Volunteer State Bank	0.85%	$10,000	-	Learn More Add Review
INSOUTH Bank	0.85%	$10,000	-	Learn More Add Review
First National Bank of Pulaski	0.85%	$10,000	-	Learn More
Tim, In Pulaski TN \| Aug 10, 2022 1st National Bank of Tennessee is not, in my opinion, a mobile friendly bank. Be aware that they do not have a 1-800 number on their cards. So, if it happens to be a weekend and you're out of town trying... Read More Reviews (1)
United Cumberland Bank	0.81%	$10,000	-	Learn More Add Review
First Community Bank of East Tennessee	0.80%	$1,000	-	Learn More Add Review
Southern Bank of Tennessee	0.76%	$10,000	-	Learn More Add Review
First Farmers and Merchants Bank	0.75%	$10,000	-	Learn More Add Review
Andrew Johnson Bank	0.75%	$10,000	-	Learn More Add Review
Independent Bank	0.75%	$10,000	-	Learn More Add Review
CB&S Bank, Inc.	0.75%	$10,000	-	Learn More
Terry \| Jun 7, 2018 Fabulous bank Read More Reviews (1)
Community Bank	0.75%	$10,000	-	Learn More Add Review
Millennium Bank	0.75%	$10,000	-	Learn More Add Review
Tennessee State Bank	0.75%	$10,000	-	Learn More Add Review
ServisFirst Bank	0.71%	$10,000	-	Learn More Add Review
First Community Bank	0.70%	$10,000	-	Learn More Add Review
Trustmark National Bank	0.70%	$10,000	-	Learn More
trbf15 \| Nov 4, 2020 Transfer cds to checking. Trustmark Madison ok, Not, 6 figures deposit lost for 6 days they say due to scanner error. Then when we go to branch office mgr. all huffy tht error upset because of their mist... Read More Reviews (1)
Legends Bank	0.70%	$10,000	-	Learn More Add Review
New Peoples Bank, Inc.	0.70%	$10,000	-	Learn More Add Review
Newport Federal Bank	0.70%	$1,000	-	Learn More Add Review
Apex Bank	0.67%	$100	-	Learn More
jenningsjerome56@gmail.com \| Aug 26, 2020 JeanJennings6 Read More Reviews (4)
FirstBank	0.65%	$10,000	-	Learn More Add Review
First Financial Bank, National Association	0.65%	$10,000	-	Learn More Add Review
Home Federal Bank of Tennessee	0.65%	$10,000	-	Learn More
Sam Love \| Sep 30, 2021 No Read More Reviews (2)
Citizens Bank	0.65%	$1,000	-	Learn More Add Review
Heritage Bank & Trust	0.65%	$10,000	-	Learn More Add Review
Peoples Bank of East Tennessee	0.65%	$10,000	-	Learn More Add Review
Pinnacle Bank	0.60%	$10,000	-	Learn More
jchitt@comcast.nrt \| Mar 5, 2019 Pinnacle has not had a 3% CD since Oct of 2018. Read More Reviews (3)
First Freedom Bank	0.60%	$10,000	-	Learn More Add Review
Citizens National Bank	0.60%	$10,000	-	Learn More Add Review
Bank of Ripley	0.60%	$10,000	-	Learn More Add Review
Volunteer Federal Savings Bank	0.60%	$500	-	Learn More Add Review
Guaranty Bank and Trust Company	0.58%	$100,000	-	Learn More Add Review
Renasant Bank	0.55%	$10,000	-	Learn More
rand \| Mar 25, 2019 CDs shown are not offered in Knoxville area Read More Reviews (1)
Guaranty Bank and Trust Company	0.53%	$10,000	-	Learn More Add Review
First Community Bank of the Heartland, Inc.	0.52%	$500	-	Learn More Add Review
Bank of Bartlett	0.50%	$1,000	-	Learn More Add Review
TruPoint Bank	0.50%	$1,000	-	Learn More Add Review
F&M Bank	0.50%	$10,000	-	Learn More Add Review
Traditions First Bank	0.50%	$10,000	-	Learn More Add Review
Planters Bank, Inc.	0.50%	$10,000	-	Learn More Add Review
The First Bank and Trust Company	0.50%	$10,000	-	Learn More Add Review
Community Bank of Mississippi	0.50%	$10,000	-	Learn More Add Review
CBBC Bank	0.50%	$10,000	-	Learn More Add Review
Mountain Commerce Bank	0.50%	$10,000	-	Learn More Add Review
UBank	0.45%	$10,000	-	Learn More Add Review
Citizens Tri-County Bank	0.45%	$10,000	-	Learn More Add Review
Bank of Cleveland	0.40%	$10,000	-	Learn More Add Review
First National Bank of Tennessee	0.35%	$10,000	-	Learn More Add Review
SouthEast Bank	0.35%	$100,000	-	Learn More
Julian \| Aug 5, 2019 Wonderful new experience both in their personnel and their policies. A fresh approach to personal banking! Read More Reviews (2)
First Community Bank	0.31%	$10,000	-	Learn More Add Review
SouthEast Bank	0.30%	$10,000	-	Learn More
Julian \| Aug 5, 2019 Wonderful new experience both in their personnel and their policies. A fresh approach to personal banking! Read More Reviews (2)
First Volunteer Bank	0.25%	$1,000	-	Learn More
GOb \| Dec 18, 2023 They will not cash savings bonds for non-account holders Read More Reviews (5)
Renasant Bank	0.25%	$10,000	-	Learn More
rand \| Mar 25, 2019 CDs shown are not offered in Knoxville area Read More Reviews (1)
Paragon Bank	0.25%	$10,000	-	Learn More Add Review
First Community Bank	0.21%	$10,000	-	Learn More Add Review
First Federal Bank	0.20%	$10,000	-	Learn More
? \| Dec 5, 2018 This bank is telling me that an IRA CD is only 0.90% Read More Reviews (1)
First-Citizens Bank & Trust Company	0.15%	$500	-	Learn More
MrBond \| Feb 25, 2023 I have been working for this company more than 5 years. I would not recommend any investment with First Citizens Bank. They are the worst performer on the market based on the customer and employee reviews... Read More Reviews (3)
Mountain Valley Bank	0.15%	$10,000	-	Learn More Add Review
U.S. Bank National Association	0.15%	$500	-	Learn More
Ugg \| Jun 12, 2023 US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More Reviews (2)
First Horizon Bank	0.10%	$1,000	-	Learn More
D R Lineberger \| Dec 30, 2018 Garden14 Read More Reviews (1)
Regions Bank	0.05% 0.01%	$2,501 $2,500	-	Learn More Add Review
Rate History: 0.03% → 0.05%
KeyBank National Association	0.05%	$2,500	-	Learn More
Rate History: 0.03% → 0.05%
Seeko \| Mar 28, 2023 On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More Reviews (2)
PNC Bank, National Association	0.03%	$25,000	-	Learn More
GAM \| May 18, 2019 Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More Reviews (1)
Bank of America, National Association	0.03%	$100,000	-	Learn More
Treasure \| Jul 24, 2023 BOFA is a den of people thieves camouflaged as bank operatives. There’s a soon to be uncovered carrel of money laundry there. They took all my money and don’t want to release it to me for no particular... Read More Reviews (7)
Fifth Third Bank, National Association	0.01%	$500	-	Learn More
Juan Ricardo \| Nov 12, 2018 Helpful w/$ Read More Reviews (5)

All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

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PRODUCT INFORMATION

Four Year CDs - Branch Banks 2024

Four year CDs are a longer-term CD and offer a fixed rate for 4 years in return for a commitment to keep the money in the bank for this period of time. While savers can withdraw the money (termed "breaking the CD") high penalties make this undesirable. Generally, an individual should not invest in a four year CD unless they are comfortable parting with the money for this period of time.

Safety

Four year CDs from FDIC insured banks are insured up to FDIC limits (generally $250,000 per account holder per bank). If your deposit is over the FDIC limit then you may not receive the uninsured money in case of a bank failure. For this who remain within FDIC limits, the principal threat is inflation. The value of longer-term CDs are especially prone to be eaten away by inflation, especially if the CD is opened in a rising rate environment.

Interest

Four year CDs currently pay between .40-.60 percentage points more in interest than a one year CD. In general, CDs of this duration are best opened as part of a laddered CD portfolio or if the depositor thinks that rates will either stagnate or drop over the next couple of years. To get a sense of rate trends, please visit our BestCashCow rate analysis page.

ADVANTAGES AND DISADVANTAGES OF FOUR YEAR CDs

Advantages of four year CDs

4 year CDs provide a fixed rate for the term of the CD
The rate is higher than a savings account or a 1 year CD to compensate for the longer term.
Branch-opened CDs can be done quickly in one day.

Disadvantages of four year CDs

The saver's money is locked away for four years unless they want to break the CD and pay a penalty.
In a rising rate environment, inflation will reduce the value of the money in the CD over time.
Branch CDs require the saver to visit a branch and be subjected to cross-sell pitches and other marketing tactics.

All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

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Tennessee CD Rates – 4-Year

PRODUCT INFORMATION

Four Year CDs - Branch Banks 2024

Safety

Interest

ADVANTAGES AND DISADVANTAGES OF FOUR YEAR CDs

Advantages of four year CDs

Disadvantages of four year CDs

SAVINGS & CD CALCULATOR

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