Savers aren't getting much of a yield out of money market accounts. The average has been at 0.12 percent for quite some time. But that doesn't mean there aren't better rates out there. You can use our research to find a satisfactory money market account and rates in Knoxville, TN, and in other areas of Tennessee.
Money market accounts are safe and offer a lot of liquidity. Most accounts offering check-writing, transfer and withdrawal privileges. That makes them a decent place to keep your emergency savings. You can use our rates survey to find a money market account and rates in Knoxville, TN.
Money market account and rates in Knoxville, Tennessee
Here are the money market account rates in Knoxville, TN, as of 10 a.m. on Friday.
|Banking Institution||Intro Rate||Intro Months||Rate After Intro||APY||Min. Bal. Open||Min. Bal. Avoid Fees||Monthly Fees|
|Home Federal Bank of Tennessee||0%||0||0.2%||0.2%||$100||$100||$2|
|First Tennessee Bank||0%||0||0.01%||0.01%||$100||$5,000||$9|
Calculate your money market account rate with our savings calculator.