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Tennessee Savings Rate Trends

Franklin, Tennessee (TN) Savings Rates - March 2026

The best savings rates for Franklin, Tennessee and the surrounding area include FirstBank (TN)FirstBank (TN)3310 Aspen Grove Dr, Franklin, TN 37067A5.0 ★Texas Ratio: 6.39% FirstUp Savings at 3.82% APY, Cornerstone Financial Credit UnionCornerstone Financial Credit Union102 Werthan Cir, Franklin, TN 37064 4019A5.0 ★Texas Ratio: 6.66% High Yield Savings at 3.50% APY, PNC BankPNC Bank1310 Liberty St, Franklin, PA 16323A5.0 ★Texas Ratio: 6.83% PNC High Yield SavingsĀ® at 3.25% APY, First HorizonFirst Horizon231 Public Sq, Franklin, TN 37064A+5.0 ★Texas Ratio: 5.08% TotalView Money Market Savings at 0.75% APY, and Veritas Federal Credit UnionVeritas Federal Credit Union1 Nissan Way, Franklin, TN 37067A5.0 ★Texas Ratio: 9.95% IRA Share at 0.50% APY. Savings rates as of March 29, 2026 according to verified data from MonitorBankRates.

To see how these savings rates in Franklin, Tennessee, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Franklin, Tennessee (TN) are continually updated — we recommend checking back frequently.

Savings rates reflect recent market quotes and representative offers available to depositors in Franklin, Tennessee and the surrounding area. Last Updated and Verified: March 29, 2026

Compare the Best Savings Rates in Franklin, Tennessee & Surrounding Communities

Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
FirstBank (TN)
Institution Rating:
A5.0 ★Texas Ratio: 6.39%
3310 Aspen Grove Dr, Franklin, TN 37067
FirstUp Savings
3.82%
$50
Rate3.75%
Min Deposit$50
Min Balance
UpdatedMar 26, 2026
Details

Qualifications Required: recurring monthly transfer totaling $50.00 or more from the FirstBank personal checking or FirstBank personal money market; Qualifying balance up to $25,000.00

Cornerstone Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.66%
102 Werthan Cir, Franklin, TN 37064 4019
High Yield Savings
3.50%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
1310 Liberty St, Franklin, PA 16323
PNC High Yield SavingsĀ®
3.25%
$0
Rate3.20%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

Cornerstone Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.66%
102 Werthan Cir, Franklin, TN 37064 4019
Wealth Builder MMA
2.05%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

$250,000 or more

Cornerstone Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.66%
102 Werthan Cir, Franklin, TN 37064 4019
Wealth Builder MMA
1.40%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

$100,000 to $249,999

Cornerstone Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.66%
102 Werthan Cir, Franklin, TN 37064 4019
Wealth Builder MMA
1.20%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

$50,000 to $99,999

Cornerstone Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.66%
102 Werthan Cir, Franklin, TN 37064 4019
Wealth Builder MMA
1.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

$25,000 to $49,999

Cornerstone Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.66%
102 Werthan Cir, Franklin, TN 37064 4019
Wealth Builder MMA
0.85%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

$10,000 to $24,999

First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
231 Public Sq, Franklin, TN 37064
TotalView Money Market Savings
0.75%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

Cornerstone Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.66%
102 Werthan Cir, Franklin, TN 37064 4019
Wealth Builder MMA
0.70%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

$1,000 to $9,999

First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
231 Public Sq, Franklin, TN 37064
TotalView Money Market Savings
0.60%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

Veritas Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.95%
1 Nissan Way, Franklin, TN 37067
IRA Share
0.50%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 29, 2026
Details

First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
231 Public Sq, Franklin, TN 37064
TotalView Money Market Savings
0.50%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
231 Public Sq, Franklin, TN 37064
Traditional Savings
0.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

F&M Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.06%
320 Main St Ste 100, Franklin, TN 37064
Youth Savings
0.25%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

$2 for each withdrawal/transfer over 6 per month.

Liberty Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.09%
580 Franklin Rd, Franklin, TN 37069
IRA/CESA Share Account
0.25%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

F&M Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.06%
320 Main St Ste 100, Franklin, TN 37064
Health Savings Account
0.25%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

F&M Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.06%
320 Main St Ste 100, Franklin, TN 37064
Smart Savings (Consumer & Business)
0.25%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

$2 for each withdrawal/transfer over 6 per month

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
3150 Aspen Grove Dr, Franklin, TN 37067 8229
Savings
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
3150 Aspen Grove Dr, Franklin, TN 37067 8229
Health Savings Account
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
3150 Aspen Grove Dr, Franklin, TN 37067 8229
Business Savings
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Volunteer State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.33%
9000 Carothers Pkwy, Franklin, TN 37067
Savings IRA
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMar 29, 2026
Details

First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
231 Public Sq, Franklin, TN 37064
Money Market Savings
0.15%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
3150 Aspen Grove Dr, Franklin, TN 37067 8229
Savings
0.15%
$0
Rate0.15%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
3150 Aspen Grove Dr, Franklin, TN 37067 8229
Health Savings Account
0.15%
$0
Rate0.15%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
3150 Aspen Grove Dr, Franklin, TN 37067 8229
Business Savings
0.15%
$0
Rate0.15%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
231 Public Sq, Franklin, TN 37064
Money Market Savings
0.10%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

Veritas Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.95%
1 Nissan Way, Franklin, TN 37067
Youth Savings
0.10%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 29, 2026
Details

Veritas Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.95%
1 Nissan Way, Franklin, TN 37067
Share Savings
0.10%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 29, 2026
Details

Cornerstone Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.66%
102 Werthan Cir, Franklin, TN 37064 4019
Share Savings
0.10%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Republic Bank & Trust Company
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
113 Seaboard Ln, Franklin, TN 37067
Advantage Savings
0.10%
$5,000
Rate0.00%
Min Deposit$5,000
Min Balance
UpdatedMar 28, 2026
Details

An interest-bearing savings account with unlimited deposits.

Cornerstone Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.66%
102 Werthan Cir, Franklin, TN 37064 4019
IRA Savings
0.10%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Cornerstone Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.66%
102 Werthan Cir, Franklin, TN 37064 4019
Christmas Savings
0.10%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Cornerstone Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.66%
102 Werthan Cir, Franklin, TN 37064 4019
Special Savings
0.10%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
3150 Aspen Grove Dr, Franklin, TN 37067 8229
Business Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Republic Bank & Trust Company
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
113 Seaboard Ln, Franklin, TN 37067
Easy Savings
0.05%
$10
Rate0.00%
Min Deposit$10
Min Balance
UpdatedMar 28, 2026
Details

A variable rate, interest-bearing savings account with a low minimum balance required.

FirstBank (TN)
Institution Rating:
A5.0 ★Texas Ratio: 6.39%
3310 Aspen Grove Dr, Franklin, TN 37067
UTMA-Minor Savings
0.05%
$25
Rate0.05%
Min Deposit$25
Min Balance
UpdatedMar 26, 2026
Details

FirstBank (TN)
Institution Rating:
A5.0 ★Texas Ratio: 6.39%
3310 Aspen Grove Dr, Franklin, TN 37067
Basic Savings
0.05%
$50
Rate0.05%
Min Deposit$50
Min Balance
UpdatedMar 26, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
208 E Us Highway 79, Franklin, TX 77856
Retirement High Yield Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 29, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
3150 Aspen Grove Dr, Franklin, TN 37067 8229
Health Savings Account
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
3150 Aspen Grove Dr, Franklin, TN 37067 8229
Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Southeast Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.03%
220 S Royal Oaks Blvd, Franklin, TN 37064 5313
Membership Share
0.05%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

Southeast Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.03%
220 S Royal Oaks Blvd, Franklin, TN 37064 5313
Regular Share
0.05%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
1310 Liberty St, Franklin, PA 16323
Standard Savings
0.03%
$0
Rate0.03%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
1310 Liberty St, Franklin, PA 16323
Standard Savings
0.02%
$0
Rate0.02%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

Liberty Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.09%
580 Franklin Rd, Franklin, TN 37069
Regular Shares
0.01%
$0
Rate0.01%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

Liberty Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.09%
580 Franklin Rd, Franklin, TN 37069
Special Shares
0.01%
$0
Rate0.01%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
3150 Aspen Grove Dr, Franklin, TN 37067 8229
Business Savings
0.01%
$0
Rate0.01%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
3150 Aspen Grove Dr, Franklin, TN 37067 8229
Health Savings Account
0.01%
$0
Rate0.01%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Fsnb
Institution Rating:
A5.0 ★Texas Ratio: 12.00%
4424 Lebanon Pike, Hermitage, TN 37076
Cents-able Savings
7.00%
$5
Rate7.00%
Min Deposit$5
Min Balance
UpdatedMar 23, 2026
Details

First US Bank (AL)
Institution Rating:
A+5.0 ★Texas Ratio: 3.21%
100 W Emory Rd, Powell, TN 37849
NextGEN Savings
5.12%
$5
Rate0.00%
Min Deposit$5
Min Balance
UpdatedMar 26, 2026
Details

Qualifying balance up to $500.00

Morgantown B&T
Institution Rating:
A+5.0 ★Texas Ratio: 1.40%
3102 West End Ave, Nashville, TN 37203
Kasasa Cash* Health Savings Account (HSA)
4.25%
$50
Rate4.17%
Min Deposit$50
Min Balance
UpdatedMar 28, 2026
Details

HCB Hardin County Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.21%
235 Wayne Rd, Savannah, TN 38372
Kasasa Cash* Health Savings Account
4.00%
$100
Rate3.93%
Min Deposit$100
Min Balance
UpdatedMar 27, 2026
Details

Community Bank Lexington, TN
Institution Rating:
A+5.0 ★Texas Ratio: 0.19%
19 Natchez Trace Dr S, Lexington, TN 38351
Community Reserve High Yield Savings
3.75%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

U T
Institution Rating:
A+5.0 ★Texas Ratio: 4.31%
2100 White Ave, Knoxville, TN 37916 2216
U Earn Savings
3.70%
$0
Rate3.64%
Min Deposit$0
Min Balance
UpdatedMar 29, 2026
Details

Higher dividends are earned when you maintain a UTFCU consumer checking account and receive at least $500 in total direct deposits per month.

U T
Institution Rating:
A+5.0 ★Texas Ratio: 4.31%
2100 White Ave, Knoxville, TN 37916 2216
U Rewards Share Draft
3.50%
$0
Rate3.45%
Min Deposit$0
Min Balance
UpdatedMar 29, 2026
Details

Qualifications Required; Qualifying balance up to $25,000

U T
Institution Rating:
A+5.0 ★Texas Ratio: 4.31%
2100 White Ave, Knoxville, TN 37916 2216
U Earn Savings
3.30%
$0
Rate3.25%
Min Deposit$0
Min Balance
UpdatedMar 29, 2026
Details

Higher dividends are earned when you maintain a UTFCU consumer checking account and receive at least $500 in total direct deposits per month.

U T
Institution Rating:
A+5.0 ★Texas Ratio: 4.31%
2100 White Ave, Knoxville, TN 37916 2216
U Earn Savings
2.80%
$0
Rate2.77%
Min Deposit$0
Min Balance
UpdatedMar 29, 2026
Details

Higher dividends are earned when you maintain a UTFCU consumer checking account and receive at least $500 in total direct deposits per month.

Gateway First Bank
Institution Rating:
F1.8 ★Texas Ratio: 53.47%
905 Tusculum Blvd, Greeneville, TN 37745
Gateway High Yield Savings
2.75%
$0
Rate2.72%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

Minimum Balance 4,5,6,9,10

Morgantown B&T
Institution Rating:
A+5.0 ★Texas Ratio: 1.40%
3102 West End Ave, Nashville, TN 37203
Club Savings
2.02%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

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.

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.

Franklin, TN Savings Rate Trends

Compare local Franklin, TN savings rate quotes against the statewide average

Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full Tennessee Savings Trends →
High-Yield Savings — TN Avg
1.306%
▲ 0.043 from last week

Tennessee high-yield savings rates rose 0.043 points this week to 1.306% APY, up from 1.264% last week.

Standard Savings — TN Avg
0.549%
▲ 0.298 from last week

Tennessee standard savings rates rose 0.298 points this week to 0.549% APY, up from 0.251% last week.

As of Mar 29, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Methodology & Data Sources

Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Franklin, 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 savings 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 Franklin, Tennessee. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in TN.

Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.

Frequently Asked Questions about Savings Accounts in Franklin, Tennessee

What is a High-Yield Savings Account (HYSA)?

A High-Yield Savings Account (HYSA) typically pays significantly higher interest than standard accounts at national brick-and-mortar banks. These accounts, often found at online banks or local credit unions in Tennessee, help your money grow faster through a higher APY.

Are savings accounts in Franklin, 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 savings rates change in Franklin, Tennessee?

Savings 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.

Do I need a minimum deposit to open a savings account?

It depends on the bank. Many online high-yield savings accounts have no minimum deposit requirement, while some traditional banks in Franklin, Tennessee may require $25–$100 to open an account.

What is the difference between a Savings Account and a Money Market Account?

Both pay interest and are federally insured. Money Market Accounts (MMAs) often come with check-writing privileges or a debit card, making them more flexible, whereas standard savings accounts typically do not.

Are online banks better than local banks in Franklin, Tennessee?

Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Franklin, Tennessee offer in-person customer service, which some customers prefer.

How do I open a savings account in Franklin, Tennessee?

You can open a savings account online or in-person. You will generally need a government-issued ID, your Social Security number, and an initial deposit to get started.

Best Savings Rates in Franklin, Tennessee

Here are recent savings rates observed in Franklin, Tennessee and the surrounding area:
  • FirstBank (TN)
    FirstUp Savings — 3.82% APY
  • Cornerstone Financial Credit Union
    High Yield Savings — 3.50% APY
  • PNC Bank
    PNC High Yield SavingsĀ® — 3.25% APY
  • First Horizon
    TotalView Money Market Savings — 0.75% APY
  • Veritas Federal Credit Union
    IRA Share — 0.50% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Franklin, Tennessee. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 29, 2026