Murfreesboro, Tennessee Savings Rates for October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Murfreesboro, Tennessee savings account rates range from 0.01% to 7.00% APY, verified by MonitorBankRates as of October 31, 2026. The best savings rates for Murfreesboro, Tennessee and the surrounding area include FsnbFsnb2000 Old Fort Pkwy, Murfreesboro, TN 37129A+5.0 ★Texas Ratio: 4.08%Real return: +3.30%APY minus 3.7% CPIRate verified Oct 26, 2026 Cents-able Savings at 7.00% APY, Redstone Federal Credit UnionRedstone Federal Credit Union1749 S Rutherford Blvd, Murfreesboro, TN 37130 5957A+5.0 ★Texas Ratio: 2.10%Real return: +0.36%APY minus 3.7% CPIRate verified Oct 28, 2026 Brighter Day Savings Account at 4.06% APY, Resound Credit UnionResound Credit Union130 W Northfield Blvd, Murfreesboro, TN 37129A+5.0 ★Texas Ratio: 5.03%Real return: -0.10%APY minus 3.7% CPIRate verified Oct 30, 2026 High-Yield Savings at 3.60% APY, Liberty Federal Credit UnionLiberty Federal Credit Union2206 Medical Center Pkwy, Murfreesboro, TN 37129 3753A+5.0 ★Texas Ratio: 2.97%Real return: -0.15%APY minus 3.7% CPIRate verified Oct 28, 2026 Health Savings Account at 3.55% APY, and US BankUS Bank806 Medical Center Pkwy, Murfreesboro, TN 37129A+5.0 ★Texas Ratio: 2.85%Real return: -0.20%APY minus 3.7% CPIRate verified Oct 31, 2026 Bank Smartly Savings Account at 3.50% APY.
Murfreesboro has 70 local institutions in our database, with savings rates as high as 7.00% APY from Fsnb at 2000 Old Fort Pkwy, Murfreesboro, TN 37129. Use the table below to compare all available offers, including options from institutions serving the broader Tennessee area. Rates are continually updated, so we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Murfreesboro, Tennessee and the surrounding area. Last Updated and Verified: October 31, 2026
Compare the Best Savings Rates in Murfreesboro, Tennessee & Surrounding Communities
Minimum Balance to Open Account: $5.00; Minimum balance to earn Interest and obtain APY: $0.01
Membership required; Balance: $0 to $2,500; maximum balance to earn 4.06% APY is $2,500; only one Brighter Day Savings account per member
Balance: $300,000 or more; Compounds monthly; earns dividends when daily balance is at least $25,000
Earn up to 3.50% APY when you are an account owner of a Bank Smartly Checking, Safe Debit account, or Bank Smartly Visa Signature Card and have a Combined Qualifying Balance (CQB) of at least $25,000; APYs may vary by location; Monthly maintenance fee $5, waivable
Balance: $0.00 - $249,999.99; Electronic statements; No monthly fee; Unlimited withdrawals
Power Duo promo: earn 3.40% APY when combined with a qualifying FirstBank CD
California counties only; Balance: $25,000 or more; Rate is variable; requires deposit and maintenance of $25,000 or more in new Platinum Savings within 30 days; new savings customers only
Balance: $25,000 - $299,999; Compounds monthly; earns dividends when daily balance is at least $25,000
Balance: $250,000 or more
# of Debit Transactions: N/A
Balance: $100,000 - $249,999
Balance: $50,000 - $99,999
Balance: $25,000 - $49,999
Balance: $10,000 - $24,999
Balance: Balances $50,000.00 or more; This is a tiered rate Account; Minimum balance to earn Interest and obtain APY: $25
Balance: $1,000 - $9,999
Earned tiered interest on your Savings IRA balance.
- Oct 2, 20260.69%▲ from 0.20%
- Sep 14, 20260.20%first recorded
Balance: Balances $5,000.00 to $49,999.99; This is a tiered rate Account; Minimum balance to earn Interest and obtain APY: $25
Balance: Balances less than $5,000.00; This is a tiered rate Account; Minimum balance to earn Interest and obtain APY: $25
Balance: $250 daily balance avoids $5 quarterly service charge; Interest compounded daily and posted quarterly; APY effective 9/28/26, variable and subject to change; Quarterly service charge refunded when linked to Essential Checking or Advantage Checking
Membership required; Balance: $500.00 minimum daily balance to earn dividends and disclosed APY
Membership required; Balance: $2,500.01 and above; balances beyond $2,500 earn 0.25% APY
Dividends paid Quarterly; Funds transferred to chosen account in November
Membership required; Balance: No Minimum Balance; no minimum balance required to earn the disclosed APY
Balance: $0
Dividends paid Quarterly
Membership required; minimum daily balance $5.00; no minimum balance required to earn the disclosed APY
Dividends paid Monthly
Balance: $250,000 AND OVER
Balance: $50,000 - $99,999
Balance: >= 2,500
Balance: >= 2,500; For students 22 years and under
Balance: $2,500 and over; For children 12 years and younger
Balance: $100,000 - $249,999.99
Balance: $0 - $24,999
Balance: $5,000 - $24,999
Balance: $5,000.00 - $24,999.99; An interest-bearing savings account with unlimited deposits.
Balance: $5000 and above
Requires $50 average daily balance to earn dividends; compounds quarterly
- Oct 14, 20260.10%▼ from 3.60%
- Sep 14, 20263.60%first recorded
Requires $100 average daily balance to earn dividends; compounds quarterly
- Oct 14, 20260.10%▼ from 3.60%
- Sep 14, 20263.60%first recorded
Requires $50 average daily balance to earn dividends; compounds quarterly
- Oct 14, 20260.10%▼ from 3.60%
- Sep 14, 20263.60%first recorded
Requires $50 average daily balance to earn dividends; compounds quarterly
- Oct 14, 20260.10%▼ from 3.60%
- Sep 14, 20263.60%first recorded
California counties only; Balance: $0 or more; When linked to Premier Checking or Checking
CA Bay Area counties only; Balance: $0 or more
Balance: $0 - $4,999
Balance: 0 - 2,499
Balance: 0 - 2,499; For students 22 years and under
Balance: $0 - $2,499; For children 12 years and younger
Balance: $100.00 - $49,999.99; A variable rate, interest-bearing savings account with a low minimum balance required.
Minimum balance required to obtain APY; Effective August 24, 2026
Balance: $10,000 - $99,999.99
Balance: $1000 - $4999.99
California counties only; Balance: $0 or more; When linked to Prime Checking or Checking
California counties only; Balance: $0 or more; Avoid $12 monthly service fee with $3,500 minimum daily balance
- Sep 27, 20260.01%▼ from 0.02%
- Sep 18, 20260.02%first recorded
California counties only; Balance: $0 or more; $25 minimum opening deposit
Balance: $1.00 - $499.99
Balance: $0-$4,999.99; Monthly Maintenance Fee $5
Requires $5.00 to open account
Balance: Under $9,999.99; Dividends earned on daily balance and paid monthly
Balance: $0.00 - $4,999.99; Minimum to Earn Dividends: $0; Dividends Earned: Monthly
APY accurate as of 10/26/2026 and may change at any time; Maximum account balance is $250,000; Variable-rate account
Balance: $500,000.00 and over; Variable rate, moves with Wall Street Journal Prime Rate; Three withdrawals per statement cycle; APY accurate as of 9/21/2026
Balance: $5,000 and over
- Oct 14, 20263.75%▲ from 0.25%
- Sep 24, 20260.25%first recorded
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.
Murfreesboro, TN Savings Rate Trends
Compare local Murfreesboro, TN savings rate quotes against the statewide average
Daily savings rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
Tennessee high-yield savings rates fell 0.119 points over the past 7 days to 2.569% APY, down from 2.688%.
Tennessee standard savings rates rose 0.006 points over the past 7 days to 0.536% APY, up from 0.530%.
Murfreesboro, Tennessee Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current TN high-yield average and a Fed funds spread to project the likely rate trajectory for 2026 to 2027.
Savings account rates are variable and move in close correlation with the Federal Reserve’s federal funds rate target. Our 12-month forecast is derived from the current TN high-yield savings average of 2.569% APY and a Fed funds spread model calibrated to the historical relationship between policy rate changes and deposit rate adjustments at banks and credit unions.
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; deposit rates at banks and credit unions track policy-rate changes within 60 to 90 days. High-yield online savings rates tend to adjust faster than standard branch-based savings rates.
Important notice: This forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions in Murfreesboro, Tennessee.
Savings Account Earnings in Murfreesboro, Tennessee
Annual interest earnings at current TN average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (2.569% APY) | Monthly Earnings | Standard Savings (0.536% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $128.45 / year | $10.70 | $26.80 / year | $2.23 |
| $10,000 | $256.90 / year | $21.41 | $53.59 / year | $4.47 |
| $25,000 | $642.25 / year | $53.52 | $133.98 / year | $11.17 |
| $50,000 | $1,284.50 / year | $107.04 | $267.95 / year | $22.33 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, and daily balance maintained. Rates are variable and subject to change. Source: Murfreesboro, Tennessee savings rate averages as of October 31, 2026. | ||||
About Our Murfreesboro, Tennessee Savings Rate Database
MonitorBankRates found 18 institutions with branches in Murfreesboro (13 banks, 5 credit unions), plus 5 additional state-chartered and national online institutions available to Murfreesboro residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website, no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1 to 5), and Texas Ratio, objective financial health metrics calculated from FDIC and NCUA regulatory data, so you can compare yield and institutional safety in one place.
Current top rate: Fsnb offers a savings account at 7.00% APY with a minimum deposit of $5. Use the rate table above to compare all current offers in Murfreesboro, Tennessee.
How to Find the Best Savings Rates in Murfreesboro, Tennessee
What to compare when shopping for a savings account in Murfreesboro, Tennessee
To find the best savings APYs in Murfreesboro, Tennessee, start with credit unions and online-only banks: Murfreesboro, Tennessee has 6 credit unions in our database, and they consistently offer some of the highest yields because they are member-owned nonprofits with lower overhead than traditional banks.
Always compare the APY (Annual Percentage Yield), not just the interest rate. APY reflects compounding and is the true measure of what you’ll earn. Savings accounts that compound daily earn slightly more than those compounding monthly at the same stated rate. The current TN high-yield savings average is 2.569% but top local institutions are offering as high as 7.00%, so shopping around pays off.
Unlike a CD, savings account rates are variable. Your rate can change at any time with Federal Reserve policy. Many institutions offer elevated introductory rates that reset after a promotional period. Review your account periodically to ensure your APY remains competitive.
When a High-Yield Savings Account Makes Sense
- Emergency fund: Financial experts recommend 3 to 6 months of expenses in a liquid, FDIC-insured account. Murfreesboro, Tennessee high-yield savings rates currently average 2.569% APY, far above a typical checking account.
- Short-term savings goals (6 to 24 months): If you may need the money soon, a savings account gives you immediate access without early withdrawal penalties.
- Parking cash between investments: A high-yield savings account at Murfreesboro, Tennessee institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 23 institutions in Murfreesboro, Tennessee report savings rates to our database.
- No rate lock-in risk: Unlike a CD, your rate moves up with the market if rates rise further.
Consider an Alternative If…
- You want a locked-in, guaranteed return Murfreesboro, Tennessee CD rates
- You want check-writing flexibility Murfreesboro, Tennessee money market rates
- You need daily transaction access Murfreesboro, Tennessee checking rates
Murfreesboro, Tennessee Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau
10.6% of residents are 65 or older, below the national average of 17.3%. At today’s TN high-yield savings average of 2.569%, saving 10% of the local median salary ($4,157/year) would earn an additional $107 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Murfreesboro, Tennessee Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Murfreesboro, Tennessee.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current TN Avg APY | 2.569% | 0.536% | View MMA Rates | View CD Rates |
| Rate Type | Variable | Variable | Variable | Fixed for term |
| FDIC / NCUA Insured | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K |
| Withdraw Anytime | ✓ Yes | ✓ Yes | ✓ Yes | ✗ Penalty applies |
| Check Writing | ✗ No | ✗ No | ✓ Often yes | ✗ No |
| Debit / ATM Card | Some institutions | ✗ Rarely | ✓ Often yes | ✗ No |
| Typical Min Deposit | $0 to $100 | $25 to $100 | $0 to $2,500 | $500 to $1,000 |
| Rate Risk | Variable, moves with Fed policy | Variable, moves with Fed policy | Variable, moves with Fed policy | None, locked for term |
| Best For | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Active savers wanting flexibility + check writing | Locking in a rate for a defined period |
APY data reflects Murfreesboro, Tennessee averages tracked in our database as of October 31, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for Murfreesboro, Tennessee
At TN’s top rate of 7.00% from Fsnb, a $10,000 deposit earns $700 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Murfreesboro, Tennessee earner is roughly $10,400. At 2.569% APY, saving $870/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsTennessee’s high-yield savings average is 2.569% APY, variable and always accessible. A local CD may offer a higher fixed yield in exchange for locking in your deposit. Compare both side-by-side to find the better fit for your timeline.
Budget CalculatorBefore you can grow your savings, you need to know how much you can set aside each month. The median Murfreesboro, Tennessee earner makes $41,578/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.569% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.569% APY grows to roughly $41,520 over 20 years with compounding. See how your current savings trajectory lines up with your retirement income needs.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Murfreesboro, Tennessee savings 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 Savings Rate Data: We aggregate savings account rates for Murfreesboro, 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 Murfreesboro, 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 Murfreesboro, Tennessee
What are savings account rates in Murfreesboro, Tennessee today?
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Murfreesboro, Tennessee safe?
How often do savings rates change in Murfreesboro, Tennessee?
Do I need a minimum deposit to open a savings account?
What is the difference between a Savings Account and a Money Market Account?
Are online banks better than local banks in Murfreesboro, Tennessee?
How do I open a savings account in Murfreesboro, Tennessee?
Best Savings Rates in Murfreesboro, Tennessee
- Fsnb
Cents-able Savings: 7.00% APY - Redstone Federal Credit Union
Brighter Day Savings Account: 4.06% APY - Resound Credit Union
High-Yield Savings: 3.60% APY - Liberty Federal Credit Union
Health Savings Account: 3.55% APY - US Bank
Bank Smartly Savings Account: 3.50% APY
Murfreesboro, Tennessee Rates & Resources
