Best Checking Accounts & Rates in Tennessee - June 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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The best checking rates for Tennessee include Orion Federal Credit UnionOrion Federal Credit Union3155 Millbranch Rd, Memphis, TN 38116 1917A+5.0 ★Texas Ratio: 2.33% Premium Checking Accounts at 5.00% APY, UNIFY Financial Federal Credit UnionUNIFY Financial Federal Credit Union9525 Apison Pike, Collegedale, TN 37315B4.4 ★Texas Ratio: 17.71% HY Checking at 4.00% APY, Liberty Federal Credit UnionLiberty Federal Credit Union580 Franklin Rd, Franklin, TN 37069A+5.0 ★Texas Ratio: 2.06% Vertical Checking at 3.50% APY, Y-12 Federal Credit UnionY-12 Federal Credit Union450 N Charles G Seivers Blvd, Clinton, TN 37716 3730A+5.0 ★Texas Ratio: 2.88% High Yield Checking at 3.50% APY, and Appalachian Community Federal Credit UnionAppalachian Community Federal Credit Union5034 Bobby Hicks Hwy Ste 2, Gray, TN 37615A+5.0 ★Texas Ratio: 1.13% Share Draft (Peak Checking) at 3.25% APY. Checking account rates as of June 16, 2026 according to verified data from MonitorBankRates.
Use the tabs below to compare checking account rates across Tennessee side-by-side. Tennessee checking rates currently reach as high as 5.00% APY from Orion Federal Credit Union at 3155 Millbranch Rd, Memphis, TN, 38116 1917. Rates are continually updated — we recommend checking back frequently.
Checking account rates reflect recent market quotes and representative offers available to depositors in Tennessee. Checking Account Rates Last Updated and Verified: June 16, 2026
Compare Checking Account Rates Today in Tennessee
Tennessee Checking Account Rates
Memphis, TN 38116 1917
Applies to Portion of Your Balance Within the Range
Collegedale, TN 37315
No additional details provided.
Franklin, TN 37069
Qualifications Required: 15+ debit transactions; Applicable on balances up to $20,000. 3.50% APY dividend or 500 ScoreCard bonus points will not be paid if all services are not used or if fewer than 15 debit purchases post in the month. Debit transactions typically post within two business days and may vary based on merchant processing. ATM transactions do not qualify as debit card purchases. ScoreCard points are not rewarded on purchases from Vertical Checking. Online and mobile banking logins and eStatements enrollment are reported and counted the next business day. Must meet account requirements to receive ATM fee reimbursement. ATM fee reimbursement limited to $15 per account per month.
Clinton, TN 37716 3730
Subject to Change Monthly
Gray, TN 37615
based on qualifying criteria**
Tullahoma, TN 37388
No additional details provided.
Memphis, TN 38116 1917
Applies to Portion of Your Balance Within the Range
Memphis, TN 38116 1917
Applies to Portion of Your Balance Within the Range
Gray, TN 37615
No additional details provided.
Johnson City, TN 37601
Qualifying balance up to $250,000.00
Oak Ridge, TN 37830
Qualifying balance up to $25,000.00
Franklin, TN 37069
No additional details provided.
Gray, TN 37615
No additional details provided.
Jackson, TN 38305 7914
No additional details provided.
Gray, TN 37615
No additional details provided.
Gray, TN 37615
No additional details provided.
Chattanooga, TN 37402
No additional details provided.
Spring City, TN 37381
No additional details provided.
Franklin, TN 37069
No additional details provided.
Nashville, TN 37214
No additional details provided.
Tennessee High Yield Checking Rates
Memphis, TN 38116 1917
Applies to Portion of Your Balance Within the Range
Collegedale, TN 37315
No additional details provided.
Franklin, TN 37069
Qualifications Required: 15+ debit transactions; Applicable on balances up to $20,000. 3.50% APY dividend or 500 ScoreCard bonus points will not be paid if all services are not used or if fewer than 15 debit purchases post in the month. Debit transactions typically post within two business days and may vary based on merchant processing. ATM transactions do not qualify as debit card purchases. ScoreCard points are not rewarded on purchases from Vertical Checking. Online and mobile banking logins and eStatements enrollment are reported and counted the next business day. Must meet account requirements to receive ATM fee reimbursement. ATM fee reimbursement limited to $15 per account per month.
Clinton, TN 37716 3730
Subject to Change Monthly
Gray, TN 37615
based on qualifying criteria**
Tullahoma, TN 37388
No additional details provided.
Memphis, TN 38116 1917
Applies to Portion of Your Balance Within the Range
Memphis, TN 38116 1917
Applies to Portion of Your Balance Within the Range
Oak Ridge, TN 37830
Qualifying balance up to $25,000.00
Johnson City, TN 37601
Qualifying balance up to $250,000.00
Franklin, TN 37069
No additional details provided.
Spring City, TN 37381
No additional details provided.
Chattanooga, TN 37402
No additional details provided.
Johnson City, TN 37601
No additional details provided.
Chattanooga, TN 37402
No additional details provided.
Spring City, TN 37381
No additional details provided.
Spring City, TN 37381
No additional details provided.
Chattanooga, TN 37415 6911
No additional details provided.
Fayetteville, TN 37334
No additional details provided.
Fayetteville, TN 37334
No additional details provided.
Tennessee Rewards Checking Rates
Oak Ridge, TN 37830
Qualifying balance up to $25,000.00
Chattanooga, TN 37402
No additional details provided.
Oak Ridge, TN 37830
Qualifying balance $25,000.00+
Chattanooga, TN 37402
No additional details provided.
Oak Ridge, TN 37830
All balances if qualifications not met
Trezevant, TN 38258
APY if qualifications aren't met
Franklin, TN 37069
Qualifications Required: eStatements enrollment; one or more online or mobile banking login(s); one or more direct deposit into the account; 15 or more debit card transactions posted per month; Accountholders qualify for 500 bonus ScoreCard points per month when they meet all of the following requirements: enrollment in eStatements, one or more online or mobile banking login(s), one or more direct deposit into the account, and 15 or more debit card transactions posted per month. ATM transactions do not qualify.
Tullahoma, TN 37388
No additional details provided.
Tullahoma, TN 37388
No additional details provided.
Tennessee Free Checking Rates
Hermitage, TN 37076
Minimum Balance to Open Account: $5.00
Collierville, TN 38017 8711
No additional details provided.
Madisonville, TN 37354
New checking clients can earn up to $600 when completing qualifying activities. Promotional offers are not available for customers with an existing Old National Bank personal checking account (including owners; signers on joint accounts), personal checking accounts closed within the last 36 months or have been paid on an Old National personal checking promotional bonus in the past 36 months or Old National Bank employees.
Collegedale, TN 37315
No additional details provided.
Tullahoma, TN 37388
No additional details provided.
Tullahoma, TN 37388
No additional details provided.
Tennessee Student Checking Rates
Tennessee Business Checking Rates
Gray, TN 37615
No additional details provided.
Jackson, TN 38305 7914
No additional details provided.
Gray, TN 37615
No additional details provided.
Gray, TN 37615
No additional details provided.
Gray, TN 37615
No additional details provided.
Tullahoma, TN 37388
No additional details provided.
Pigeon Forge, TN 37863
No additional details provided.
Nashville, TN 37214
No additional details provided.
Johnson City, TN 37601
No additional details provided.
Jackson, TN 38305 7914
No additional details provided.
Clinton, TN 37716 3730
Subject to Change Monthly
Clinton, TN 37716 3730
Subject to Change Monthly
Shelbyville, TN 37160
No additional details provided.
OAK RIDGE, TN 37830
No additional details provided.
Clinton, TN 37716 3730
Subject to Change Monthly
Franklin, TN 37069
No additional details provided.
Clinton, TN 37716 3730
Subject to Change Monthly
Memphis, TN 38134 3169
No additional details provided.
Tullahoma, TN 37388
No additional details provided.
Tennessee Checking Rate Trends
Compare local Tennessee checking rate quotes against the statewide average
Daily checking rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Tennessee high-yield checking rates fell 0.654 points over the past 7 days to 1.663% APY.
Tennessee free checking rates rose 0.175 points over the past 7 days to 0.845% APY.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Tennessee checking rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Checking Rate Data: We aggregate checking account rates for Tennessee directly from the official websites of banks and credit unions using a combination of our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing this data from the institutions’ own digital properties and manually verifying the yields daily, we ensure that every checking rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems and team constantly monitor the market to provide a complete picture of available yields in Tennessee. We feature a comprehensive mix of financial institutions, allowing you to easily compare localized checking rates from neighborhood credit unions, competitive offers from mid-sized regional banks, and high-yield checking accounts available to account holders in TN.
Daily Updates & Time-Stamped Accuracy: To maintain the highest level of data integrity, our rate updaters verify and update checking rates daily. Because checking account yields can fluctuate based on market conditions, every single checking product listed on our platform features its own specific “last updated” date.
Frequently Asked Questions
Do checking accounts in Tennessee earn interest?
Are banks in Tennessee FDIC insured?
What fees should I watch out for?
What is a Rewards Checking account?
Best Checking Rates in Tennessee
- Orion Federal Credit Union
Premium Checking Accounts — 5.00% APY - UNIFY Financial Federal Credit Union
HY Checking — 4.00% APY - Liberty Federal Credit Union
Vertical Checking — 3.50% APY - Y-12 Federal Credit Union
High Yield Checking — 3.50% APY - Appalachian Community Federal Credit Union
Share Draft (Peak Checking) — 3.25% APY
Checking Account Rates by City in Tennessee
