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6-month CD rates in Memphis, Tennessee

By Mitch Strohm · Bankrate.com
Wednesday, January 29, 2014
Posted: 3 pm ET

Rates haven't been moving much. The average national 6-month CD is paying just 0.15 percent. But you can use our tools to shop for the best CD rates in Memphis, TN, today.

Insured up to $250,000 per depositor, CDs are a safe place to stash your cash. But certificates of deposit aren't very liquid. In fact, most institutions will hit you with a stiff penalty for withdrawing money before the maturity date. Use our tools to compare CD rates in Memphis, TN, and in other areas of Tennessee.


CD rates in Memphis, Tennessee

Here are the 6-month CD rates in Memphis, TN, as of 10 a.m. on Wednesday.

Banking Institution APY Min. Deposit
Independent Bank 0.15% $1,000
BancorpSouth Bank 0.1% $5,000
First Tennessee Bank 0.06% $500
SunTrust Bank 0.05% $2,000
Regions Bank 0.01% $500

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