First Tennessee Bank offering the Best CD Rates in USA

This is a local bank with its headquarters based in Memphis Tennessee. Recently it has become a subsidiary of First Horizon National Corporation. This bank was originally named the First National Bank of Memphis and opened their doors in 1960.

Powering dreams – it's what the regional bank, First Tennessee, a part of the First Horizon National Corporation family of companies does each day, serving families and businesses through about 180 locations statewide. So how does a bank power dreams? It starts with an innovative list of products and services that provide value and convenience throughout your life and the life of your business.

Today the site Highest CD Rates presents the First Tennessee Bank CD rates as part of our ongoing effort to provide the latest information on this investing topic.

The First Tennessee Bank certificate of deposit rates include the standard CDs, the Add On CD and the Rate Climber CD. As an additional incentive to do your banking with FTB, there is an additional 0.30% added to all deposits when a FTB checking account is opened. This bonus rate is not available to CDs that are opened online.

The current CD rates include the 30 day CD that is earning an APY of 0.15%. The 60 day CD is earning an APT of 0.15% The 90 day CD is earning an APY of 0.20%. The 180 day CD is earning an APY of 0.30%. The 270 day CD is earning an APY of 0.40%.

The 1 year CD is earning an APY of 0.40%. The 2 year CD is earning an APY of 0.50%. The 3 year CD is earning an APY of 0.60%. The 4 year CD is earning an APY of 0.90%. The best CD rates are with the 5 year CD that is earning an APY of 1.20%.

The Add On CD is earning an APY of 0.10% fir deposits below $25,000 and 0.20% for deposits above $25,000 for terms of 6 months.

The Rate Climber CD is earning an APY of 0.15% and has a term of 1 year.

These are the First Tennessee CD rates for June 2011 but are subject to change without notice.

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