Best Money Market Rates in Tennessee - June 2026
Content reviewed by
Brian McKay
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Editorial Disclosure
Brian McKay
Brian McKay
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The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
Current Tennessee money market deposit account rates include U TU T2100 White Ave, Knoxville, TN 37916 2216A+5.0 ★Texas Ratio: 1.45% Business Money Market at 3.85% APY, Ascend Federal Credit UnionAscend Federal Credit Union520 Airpark Dr, Tullahoma, TN 37388A+5.0 ★Texas Ratio: 2.38% Traditional Money Market* at 3.56% APY, Bank of FrankewingBank of Frankewing2324 Highway 64, Frankewing, TN 38459C-3.8 ★Texas Ratio: 30.02% Money Market Account at 3.56% 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% Business High Yield Money Market at 3.50% APY, and Nashville Firemens Credit UnionNashville Firemens Credit Union908 Woodland St, Nashville, TN 37206A+5.0 ★Texas Ratio: 4.99% Money Market at 3.33% APY. Money market rates as of June 16, 2026 according to verified data from MonitorBankRates.
Use the tables below to compare money market rates across Tennessee side-by-side. Tennessee money market rates currently reach as high as 3.85% APY from U T at 2100 White Ave, Knoxville, TN 37916 2216. Rates are continually updated — we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Tennessee and surrounding area. Last Updated and Verified: June 16, 2026
Compare the Best Money Market Rates Today in Tennessee
Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
U T
Institution Rating:
A+5.0 ★ Texas Ratio: 1.45%
2100 White Ave, Knoxville, TN 37916 2216
Business Money Market
3.85%
$0
▼
Rate3.78%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
$250,000 and over
Ascend Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
520 Airpark Dr, Tullahoma, TN 37388
Traditional Money Market*
3.56%
$0
▼
Rate3.50%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Bank of Frankewing
Institution Rating:
C-3.8 ★ Texas Ratio: 30.02%
2324 Highway 64, Frankewing, TN 38459
Money Market Account
3.56%
$0
▼
Rate3.50%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Ascend Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
520 Airpark Dr, Tullahoma, TN 37388
Business Money Market
3.56%
$0
▼
Rate3.50%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Y-12 Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.88%
450 N Charles G Seivers Blvd, Clinton, TN 37716 3730
High Yield Money Market
3.50%
$0
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Qualifications Required: 15 debit and/or credit card monthly combined transactions; minimum $2,000 average daily balance or cumulative $1,000 monthly direct deposit; Subject to Change Daily
Y-12 Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.88%
450 N Charles G Seivers Blvd, Clinton, TN 37716 3730
Business High Yield Money Market
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Qualifications Required; Subject to Change Daily
Nashville Firemens Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.99%
908 Woodland St, Nashville, TN 37206
Money Market
3.33%
$0
▼
Rate3.33%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Financial Federal Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.01%
1715 Aaron Brenner Dr, Memphis, TN 38120
Money Market
3.30%
$5,000
▼
Rate—
Min Deposit$5,000
Min Balance—
UpdatedJun 16, 2026
Details
APY* on balances over $100,000
U T
Institution Rating:
A+5.0 ★ Texas Ratio: 1.45%
2100 White Ave, Knoxville, TN 37916 2216
Business Money Market
3.30%
$0
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
$100,000-$249,999
Old National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.09%
215 Warren St, Madisonville, TN 37354
Market Monitor Money Market
3.25%
$20,000
▼
Rate—
Min Deposit$20,000
Min Balance—
UpdatedJun 16, 2026
Details
Earn a competitive rate when you open a Market Monitor account with a minimum $20,000 in new money. If you are unable to meet the minimum opening deposit of $20,000 for this competitive new money rate plan, your account will be repriced at our standard Market Monitor rate plan. Rates and tiers for deposit balances are: 3.21% (3.25% APY) if daily collected balance is $20,000 or more; 0.05% (0.05% APY) if daily collected balance is $19,999.99 or less. Offer available at Old National banking centers located in Iowa, Illinois, Indiana, Michigan, Minnesota, North Dakota, Wisconsin, and the Kentucky counties of Daviess, Henderson, Hopkins, Muhlenberg, and Union.
Truist
Institution Rating:
A+5.0 ★ Texas Ratio: 3.63%
736 Market St, Chattanooga, TN 37402
Small Business Money Market Account
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Eligible clients can earn a 3.25% annual percentage yield (APY) with a new Truist Business Money Market account. Rates may vary based on branch location and whether you open an account in a branch, by phone or online. Interest earned is based on the following ledger balance tiers: Tier 1 - $0.01 to $4,999.99; Tier 2 - $5,000 to $99,999.99; Tier 3 - $100,000 to $499,999.99; Tier 4 - $500,000 to $999,999.99; Tier 5 - $1,000,000 to $4,999,999.99; Tier 6 - $5,000,000 or greater. Tiers 1-6 are eligible for this 3.25% Annual Percentage Yield (APY) variable rate offer. Your new Money Market Account could initially earn a rate lower than 3.25% APY. However, within 10 calendar days of account opening, your eligible account will automatically upgrade to the 3.25% APY rate. The standard interest rate and APY are 0.01% for balances $0.01 and greater. Fees may reduce earnings.
UNIFY Financial Federal Credit Union
Institution Rating:
B4.4 ★ Texas Ratio: 17.71%
9525 Apison Pike, Collegedale, TN 37315
Money Market Plus Account
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Financial Federal Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.01%
1715 Aaron Brenner Dr, Memphis, TN 38120
Money Market
3.20%
$5,000
▼
Rate—
Min Deposit$5,000
Min Balance—
UpdatedJun 16, 2026
Details
APY* on balances $5,000 - $100,000
Ascend Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
520 Airpark Dr, Tullahoma, TN 37388
High-Yield Money Market
3.14%
$0
▼
Rate3.10%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.89%
535 Chestnut St, Chattanooga, TN 37402
Money Market Account
3.10%
$0
▼
Rate3.06%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.89%
535 Chestnut St, Chattanooga, TN 37402
Business Money Market Accounts
3.10%
$0
▼
Rate3.06%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.89%
535 Chestnut St, Chattanooga, TN 37402
Money Market Account
3.05%
$0
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.89%
535 Chestnut St, Chattanooga, TN 37402
Business Money Market Accounts
3.05%
$0
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Liberty Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.06%
580 Franklin Rd, Franklin, TN 37069
Money Market Share Account
3.00%
$500,000
▼
Rate2.96%
Min Deposit$500,000
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.89%
535 Chestnut St, Chattanooga, TN 37402
Business Money Market Accounts
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.89%
535 Chestnut St, Chattanooga, TN 37402
Money Market Account
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.89%
535 Chestnut St, Chattanooga, TN 37402
Money Market Account
2.95%
$0
▼
Rate2.91%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Planters Bank & Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 3.98%
7575 Poplar Ave, Germantown, TN 38138
High Yield Money Market
2.95%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.89%
535 Chestnut St, Chattanooga, TN 37402
Business Money Market Accounts
2.95%
$0
▼
Rate2.91%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Nashville Firemens Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.99%
908 Woodland St, Nashville, TN 37206
Money Market
2.83%
$0
▼
Rate2.83%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Y-12 Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.88%
450 N Charles G Seivers Blvd, Clinton, TN 37716 3730
Business High Yield Money Market
2.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Qualifications Required; Subject to Change Daily
Tennessee Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.89%
535 Chestnut St, Chattanooga, TN 37402
Money Market Account
2.70%
$0
▼
Rate2.67%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.89%
535 Chestnut St, Chattanooga, TN 37402
Business Money Market Accounts
2.70%
$0
▼
Rate2.67%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.89%
535 Chestnut St, Chattanooga, TN 37402
Business Money Market Accounts
2.55%
$0
▼
Rate2.52%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.89%
535 Chestnut St, Chattanooga, TN 37402
Money Market Accounts
2.55%
$0
▼
Rate2.52%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.89%
535 Chestnut St, Chattanooga, TN 37402
Money Market Account
2.55%
$0
▼
Rate2.52%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Liberty Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.06%
580 Franklin Rd, Franklin, TN 37069
Money Market Share Account
2.50%
$100,000
▼
Rate2.47%
Min Deposit$100,000
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.89%
535 Chestnut St, Chattanooga, TN 37402
Business Money Market Accounts
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.89%
535 Chestnut St, Chattanooga, TN 37402
Money Market Accounts
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.89%
535 Chestnut St, Chattanooga, TN 37402
Money Market Account
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Nashville Firemens Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.99%
908 Woodland St, Nashville, TN 37206
Money Market
2.33%
$0
▼
Rate2.33%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Bank of Frankewing
Institution Rating:
C-3.8 ★ Texas Ratio: 30.02%
2324 Highway 64, Frankewing, TN 38459
Money Market Account
2.27%
$0
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
TRUST Federal Credit Union
Institution Rating:
B+4.7 ★ Texas Ratio: 17.13%
2186 Northgate Park Ln, Chattanooga, TN 37415 6911
Premium Money Market Account
2.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
($10,000 and over)
Hope Federal Credit Union Jackson, MS
Institution Rating:
A+5.0 ★ Texas Ratio: 7.39%
1451 Madison Ave, Memphis, TN 38104
Money Market Account - Jumbo
2.12%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Hope Federal Credit Union Jackson, MS
Institution Rating:
A+5.0 ★ Texas Ratio: 7.39%
1451 Madison Ave, Memphis, TN 38104
Money Market Account Jumbo
2.12%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Redstone Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.90%
110 Bluff Dr, Fayetteville, TN 37334
Money Market Share Account
2.02%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
TRUST Federal Credit Union
Institution Rating:
B+4.7 ★ Texas Ratio: 17.13%
2186 Northgate Park Ln, Chattanooga, TN 37415 6911
Money Market Account
2.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
($2,500 and over)
EPB Employees Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.48%
1500 McCallie Ave, Chattanooga, TN 37404 2937
Money Markets
2.00%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
EPB Employees Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.48%
1500 McCallie Ave, Chattanooga, TN 37404 2937
Money Market Account
2.00%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Liberty Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.06%
580 Franklin Rd, Franklin, TN 37069
Money Market Share Account
2.00%
$50,000
▼
Rate1.98%
Min Deposit$50,000
Min Balance—
UpdatedJun 16, 2026
Details
Y-12 Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.88%
450 N Charles G Seivers Blvd, Clinton, TN 37716 3730
Business High Yield Money Market
2.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Qualifications Required; Subject to Change Daily
Nashville Firemens Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.99%
908 Woodland St, Nashville, TN 37206
Money Market
1.83%
$0
▼
Rate1.83%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Redstone Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.90%
110 Bluff Dr, Fayetteville, TN 37334
Money Market Share Account
1.81%
$0
▼
Rate1.80%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Bank of Frankewing
Institution Rating:
C-3.8 ★ Texas Ratio: 30.02%
2324 Highway 64, Frankewing, TN 38459
Money Market Account
1.76%
$0
▼
Rate1.75%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
FedEx Employees Credit Association Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 5.77%
50 Fed Ex Pkwy, Collierville, TN 38017 8711
Money Market
1.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Firefighters First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.51%
5150 Stage Rd Ste 102, Memphis, TN 38134 3169
Business Money Market Accounts
1.75%
$0
▼
Rate1.74%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Firefighters First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.51%
5150 Stage Rd Ste 102, Memphis, TN 38134 3169
Money Market
1.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Firefighters First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.51%
5150 Stage Rd Ste 102, Memphis, TN 38134 3169
Traditional/Roth IRA Money Market
1.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Firefighters First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.51%
5150 Stage Rd Ste 102, Memphis, TN 38134 3169
Business Money Market Accounts
1.70%
$0
▼
Rate1.69%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Firefighters First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.51%
5150 Stage Rd Ste 102, Memphis, TN 38134 3169
Money Market
1.70%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Firefighters First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.51%
5150 Stage Rd Ste 102, Memphis, TN 38134 3169
Traditional/Roth IRA Money Market
1.70%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Firefighters First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.51%
5150 Stage Rd Ste 102, Memphis, TN 38134 3169
Traditional/Roth IRA Money Market
1.65%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Firefighters First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.51%
5150 Stage Rd Ste 102, Memphis, TN 38134 3169
Business Money Market Accounts
1.65%
$0
▼
Rate1.64%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Firefighters First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.51%
5150 Stage Rd Ste 102, Memphis, TN 38134 3169
Money Market
1.65%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Redstone Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.90%
110 Bluff Dr, Fayetteville, TN 37334
Money Market Share Account
1.61%
$0
▼
Rate1.60%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.56%
2210 Parkway, Pigeon Forge, TN 37863
Money Market
1.51%
$2,500
▼
Rate1.50%
Min Deposit$2,500
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.56%
2210 Parkway, Pigeon Forge, TN 37863
Commercial Money Market
1.51%
$2,500
▼
Rate1.50%
Min Deposit$2,500
Min Balance—
UpdatedJun 16, 2026
Details
U T
Institution Rating:
A+5.0 ★ Texas Ratio: 1.45%
2100 White Ave, Knoxville, TN 37916 2216
Business Money Market
1.25%
$0
▼
Rate1.24%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
$25,000-$99,999
Tennessee State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.56%
2210 Parkway, Pigeon Forge, TN 37863
Commercial Money Market
1.20%
$2,500
▼
Rate1.20%
Min Deposit$2,500
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.56%
2210 Parkway, Pigeon Forge, TN 37863
Money Market
1.20%
$2,500
▼
Rate1.20%
Min Deposit$2,500
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.56%
2210 Parkway, Pigeon Forge, TN 37863
Commercial Money Market
1.00%
$2,500
▼
Rate1.00%
Min Deposit$2,500
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.56%
2210 Parkway, Pigeon Forge, TN 37863
Money Market
1.00%
$2,500
▼
Rate1.00%
Min Deposit$2,500
Min Balance—
UpdatedJun 16, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★ Texas Ratio: 5.08%
668 Nashville Pike, Gallatin, TN 37066
TotalView Money Market Savings
0.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
First Jackson Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.12%
201 Battlecreek Rd, South Pittsburg, TN 37380
Money Market Tiered
0.60%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★ Texas Ratio: 5.08%
668 Nashville Pike, Gallatin, TN 37066
TotalView Money Market Savings
0.60%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Volunteer State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.33%
9000 Carothers Pkwy, Franklin, TN 37067
Money Market
0.60%
$0
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Daily Balance Range: Equal to or greater than $1,000,000
Volunteer State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.33%
9000 Carothers Pkwy, Franklin, TN 37067
Money Market
0.55%
$0
▼
Rate0.55%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Daily Balance Range: Equal to or greater than $500,000 but less than $1,000,000
First Horizon
Institution Rating:
A+5.0 ★ Texas Ratio: 5.08%
668 Nashville Pike, Gallatin, TN 37066
TotalView Money Market Savings
0.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Volunteer State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.33%
9000 Carothers Pkwy, Franklin, TN 37067
Money Market
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Daily Balance Range: Equal to or greater than $250,000 but less than $500,000
Tennessee State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.56%
2210 Parkway, Pigeon Forge, TN 37863
Commercial Money Market
0.50%
$2,500
▼
Rate0.50%
Min Deposit$2,500
Min Balance—
UpdatedJun 16, 2026
Details
U T
Institution Rating:
A+5.0 ★ Texas Ratio: 1.45%
2100 White Ave, Knoxville, TN 37916 2216
Business Money Market
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
$10,000-$24,999
Tennessee State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.56%
2210 Parkway, Pigeon Forge, TN 37863
Money Market
0.50%
$2,500
▼
Rate0.50%
Min Deposit$2,500
Min Balance—
UpdatedJun 16, 2026
Details
Volunteer State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.33%
9000 Carothers Pkwy, Franklin, TN 37067
Money Market
0.40%
$0
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Daily Balance Range: Equal to or greater than $100,000 but less than $250,000
First Jackson Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.12%
201 Battlecreek Rd, South Pittsburg, TN 37380
Money Market Account
0.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Volunteer State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.33%
9000 Carothers Pkwy, Franklin, TN 37067
Money Market
0.35%
$0
▼
Rate0.35%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Daily Balance Range: Equal to or greater than $50,000 but less than $100,000
Tennessee State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.56%
2210 Parkway, Pigeon Forge, TN 37863
Money Market
0.30%
$2,500
▼
Rate0.30%
Min Deposit$2,500
Min Balance—
UpdatedJun 16, 2026
Details
Tennessee State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.56%
2210 Parkway, Pigeon Forge, TN 37863
Commercial Money Market
0.30%
$2,500
▼
Rate0.30%
Min Deposit$2,500
Min Balance—
UpdatedJun 16, 2026
Details
Volunteer State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.33%
9000 Carothers Pkwy, Franklin, TN 37067
Money Market
0.25%
$0
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedJun 16, 2026
Details
Daily Balance Range: Below $50,000
Tennessee State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.56%
2210 Parkway, Pigeon Forge, TN 37863
Money Market
0.25%
$2,500
▼
Rate0.25%
Min Deposit$2,500
Min Balance—
UpdatedJun 16, 2026
Details
Peoples Bank of Middle Tennessee
Institution Rating:
A+5.0 ★ Texas Ratio: 2.98%
1122 N Main St, Shelbyville, TN 37160
Premier Money Market Account
0.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 5, 2026
Details
Tennessee State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.56%
2210 Parkway, Pigeon Forge, TN 37863
Commercial Money Market
0.25%
$2,500
▼
Rate0.25%
Min Deposit$2,500
Min Balance—
UpdatedJun 16, 2026
Details
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MonitorBankRates
The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. Rates reflect recent market quotes and representative offers available to depositors in Tennessee and the surrounding area.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Tennessee Money Market Rate Trends
Compare local Tennessee money market quotes against the statewide average
Daily money market rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
High-Yield MMA — TN Avg
3.273%
▲ 0.186 vs 7 days ago
Tennessee high-yield MMA rates rose 0.186 points over the past 7 days to 3.273% APY.
Standard MMA — TN Avg
0.489%
▲ 0.002 vs 7 days ago
Tennessee standard MMA rates rose 0.002 points over the past 7 days to 0.489% APY.
As of Jun 20, 2026 • Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Tennessee money market 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 Money Market Rate Data: We aggregate money market deposit account rates for Tennessee directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every money market rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Tennessee. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in TN.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update money market rates daily. Because MMA yields can fluctuate rapidly based on market conditions, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Money Market Accounts in Tennessee
What is a Money Market Account (MMA)?
A Money Market Account (MMA), formally known as a money market deposit account (MMDA), is a type of deposit account that often pays higher interest rates than standard savings accounts. They usually come with check-writing privileges and debit card access, offering a balance of growth and liquidity for savers in Tennessee.
Are Money Market accounts in Tennessee safe?
Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in Tennessee up to $250,000 per depositor, per institution.
How often do MMA rates change in Tennessee?
Money market rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Tennessee rate tables daily to ensure you see the most current high-yield options.
Can I write checks from a Money Market Account?
Yes, most Money Market Accounts allow you to write a limited number of checks or make debit card transactions each month (typically up to 6), making them more flexible than a standard savings account.
How much do I need to deposit to open a money market account in Tennessee?
Minimum deposit requirements vary widely. Some online money market deposit accounts can be opened with no minimum, while many banks and credit unions in Tennessee require an initial deposit of $1,000 to $2,500 to earn the highest advertised APY. Larger deposits often unlock higher rate tiers, and FDIC or NCUA insurance protects deposits up to $250,000 per depositor, per institution.
Best Money Market Rates in Tennessee
Here are some of the highest money market account APYs currently available in Tennessee:
- U T
Business Money Market — 3.85% APY - Ascend Federal Credit Union
Traditional Money Market* — 3.56% APY - Bank of Frankewing
Money Market Account — 3.56% APY - Y-12 Federal Credit Union
Business High Yield Money Market — 3.50% APY - Nashville Firemens Credit Union
Money Market — 3.33% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Tennessee. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: June 16, 2026
Cities in Tennessee
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