Tennessee (TN) Savings Rates - April 2026
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The savings 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.
The best savings rates for Tennessee include FsnbFsnb4424 Lebanon Pike, Hermitage, TN 37076A5.0 ★Texas Ratio: 12.00% Cents-able Savings at 7.00% APY, First US Bank (AL)First US Bank (AL)100 W Emory Rd, Powell, TN 37849A+5.0 ★Texas Ratio: 3.21% NextGEN Savings at 5.12% APY, Leaders Credit UnionLeaders Credit Union214 Oil Well Rd, Jackson, TN 38305 7914A+5.0 ★Texas Ratio: 4.94% Share Savings at 5.00% APY, Morgantown B&TMorgantown B&T3102 West End Ave, Nashville, TN 37203A+5.0 ★Texas Ratio: 1.40% Kasasa Cash* Health Savings Account (HSA) at 4.25% APY, and US Community Credit UnionUS Community Credit Union89 Hermitage Ave, Nashville, TN 37210A+5.0 ★Texas Ratio: 1.37% Kickstart Kids Savings Acct1 at 4.06% APY. Savings rates as of April 3, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Tennessee compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Tennessee (TN) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Tennessee and the surrounding area. Last Updated and Verified: April 3, 2026
Compare the Best Savings Rates in Tennessee
Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Fsnb
Institution Rating:
A5.0 ★Texas Ratio: 12.00%
4424 Lebanon Pike, Hermitage, TN 37076
Cents-able Savings
7.00%
$0
▼
Rate7.00%
Min Deposit$0
Min Balance—
UpdatedApr 2, 2026
Details
Minimum Balance to Open Account: $5.00
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—
UpdatedApr 2, 2026
Details
Qualifying balance up to $500.00
Leaders Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.94%
214 Oil Well Rd, Jackson, TN 38305 7914
Share Savings
5.00%
$10
▼
Rate4.89%
Min Deposit$10
Min Balance—
UpdatedMar 27, 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—
UpdatedApr 3, 2026
Details
US Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.37%
89 Hermitage Ave, Nashville, TN 37210
Kickstart Kids Savings Acct1
4.06%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Redstone Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.00%
110 Bluff Dr, Fayetteville, TN 37334
Brighter Day Savings Account
4.06%
$0
▼
Rate4.00%
Min Deposit$0
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
FirstBank (TN)
Institution Rating:
A5.0 ★Texas Ratio: 6.39%
71 S Mechanic St, Lynchburg, TN 37352
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
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—
UpdatedApr 3, 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
Knoxville TVA Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.39%
1316 Wilson Rd, Knoxville, TN 37912
PREMIUM SAVINGS ACCOUNT
3.50%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Cornerstone Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.66%
1701 21st Ave s, Nashville, TN 37212 3703
High Yield Savings
3.50%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Fortera Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.06%
2050 Lowes Dr, Clarksville, TN 37040 1620
High Yield Savings
3.50%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedApr 2, 2026
Details
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.
Appalachian Community Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.21%
5034 Bobby Hicks Hwy Ste 2, Gray, TN 37615
Share Draft (Peak Checking)
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
based on qualifying criteria**
PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
1556 W Mcewen Dr, Franklin, TN 37067
PNC High Yield Savings®
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Knoxville TVA Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.39%
1316 Wilson Rd, Knoxville, TN 37912
Jump Start Savings
3.00%
$5
▼
Rate2.96%
Min Deposit$5
Min Balance—
UpdatedMar 24, 2026
Details
Qualifying balance up to $500.00
Knoxville TVA Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.39%
1316 Wilson Rd, Knoxville, TN 37912
Jump Start Savings Account
3.00%
$5
▼
Rate0.00%
Min Deposit$5
Min Balance—
UpdatedMar 24, 2026
Details
Earn 3.00% APY on the first $500.00
Knoxville TVA Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.39%
1316 Wilson Rd, Knoxville, TN 37912
PREMIUM SAVINGS ACCOUNT
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Fortera Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.06%
2050 Lowes Dr, Clarksville, TN 37040 1620
High Yield Savings
3.00%
$0
▼
Rate2.97%
Min Deposit$0
Min Balance—
UpdatedApr 2, 2026
Details
US Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.37%
89 Hermitage Ave, Nashville, TN 37210
Emergency Fund Savings
3.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
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
Outreach Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.13%
3904 Central Pike, Hermitage, TN 37076 3409
Share Savings Account
2.53%
$0
▼
Rate2.50%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
TRUST Federal Credit Union
Institution Rating:
B+4.7 ★Texas Ratio: 18.28%
2186 Northgate Park Ln, Chattanooga, TN 37415 6911
Premium Savings
2.50%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Tennessee Valley Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.06%
535 Chestnut St, Chattanooga, TN 37402
Share Savings
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMar 29, 2026
Details
Fortera Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.06%
2050 Lowes Dr, Clarksville, TN 37040 1620
High Yield Savings
2.50%
$0
▼
Rate2.48%
Min Deposit$0
Min Balance—
UpdatedApr 2, 2026
Details
Fortera Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.06%
2050 Lowes Dr, Clarksville, TN 37040 1620
High Yield Savings
2.25%
$0
▼
Rate2.23%
Min Deposit$0
Min Balance—
UpdatedApr 2, 2026
Details
TRUST Federal Credit Union
Institution Rating:
B+4.7 ★Texas Ratio: 18.28%
2186 Northgate Park Ln, Chattanooga, TN 37415 6911
Premium Savings
2.25%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Cornerstone Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.66%
1701 21st Ave s, Nashville, TN 37212 3703
Wealth Builder MMA
2.05%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
$250,000 or more
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—
UpdatedApr 3, 2026
Details
Morgantown B&T
Institution Rating:
A+5.0 ★Texas Ratio: 1.40%
3102 West End Ave, Nashville, TN 37203
Health Savings Account
2.02%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 3, 2026
Details
Elizabethton FSB
Institution Rating:
A+5.0 ★Texas Ratio: 0.47%
112 N Sycamore St, Elizabethton, TN 37643
High Yield Savings
2.02%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedApr 3, 2026
Details
Chattanooga Federal Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.71%
2011 Stein Dr, Chattanooga, TN 37421 1692
Special Savings
2.02%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
SouthEast Bank
Institution Rating:
C-3.6 ★Texas Ratio: 31.66%
285 Front St, Spring City, TN 37381
Bonus Rate Savings
2.01%
$50
▼
Rate0.00%
Min Deposit$50
Min Balance—
UpdatedApr 3, 2026
Details
Qualifications Required; Qualifying balance up to $10,000
EPB Employees Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.81%
1500 McCallie Ave, Chattanooga, TN 37404 2937
IRA Savings
2.00%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Eastman Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.31%
2021 Meadowview Ln, Kingsport, TN 37660
Share Savings Account
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Knoxville TVA Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.39%
1316 Wilson Rd, Knoxville, TN 37912
PREMIUM SAVINGS ACCOUNT
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMar 24, 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
2.00%
$100
▼
Rate1.98%
Min Deposit$100
Min Balance—
UpdatedMar 27, 2026
Details
Kemba Delta Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.54%
3108 N Germantown Rd, Bartlett, TN 38133
Share Savings Account
2.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Fortera Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.06%
2050 Lowes Dr, Clarksville, TN 37040 1620
High Yield Savings
2.00%
$0
▼
Rate1.99%
Min Deposit$0
Min Balance—
UpdatedApr 2, 2026
Details
Eastman Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.31%
2021 Meadowview Ln, Kingsport, TN 37660
Share Savings Account
1.80%
$0
▼
Rate1.79%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Chattanooga Federal Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.71%
2011 Stein Dr, Chattanooga, TN 37421 1692
Special Savings
1.51%
$0
▼
Rate1.50%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
First Community Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.10%
300 Sunset Dr, Johnson City, TN 37604
Community Savings
1.51%
$0
▼
Rate1.50%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Scenic Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.14%
4503 Hixson Pike, Hixson, TN 37343
Member SelectTM Share Draft
1.50%
$0
▼
Rate1.50%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Cornerstone Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.66%
1701 21st Ave s, Nashville, TN 37212 3703
Wealth Builder MMA
1.40%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
$100,000 to $249,999
MPD Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.68%
2711 Old Lebanon Pike, Nashville, TN 37214
Money Market Savings
1.40%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 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.
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.
Methodology & Data Sources
Direct-Sourced & Verified Savings Rate Data: We aggregate savings 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 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 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 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 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 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 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 Tennessee?
Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Tennessee offer in-person customer service, which some customers prefer.
How do I open a savings account in 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 Tennessee
Here are recent savings rates observed in Tennessee:
- Fsnb
Cents-able Savings — 7.00% APY - First US Bank (AL)
NextGEN Savings — 5.12% APY - Leaders Credit Union
Share Savings — 5.00% APY - Morgantown B&T
Kasasa Cash* Health Savings Account (HSA) — 4.25% APY - US Community Credit Union
Kickstart Kids Savings Acct1 — 4.06% APY
Savings 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: April 3, 2026
Cities in Tennessee
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