Tennessee

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Sweetwater, Tennessee CD Rates – 6-Month

You are viewing rates from banks across Sweetwater

 

Below are the best six-month CD Rates from banks with branches in Sweetwater, Tennessee . Six month CDs are considered short-term cds and the yield is comparable to savings and money market rates. You may want to consider opening a 6 month CD if you are concerned about savings rates dropping and don’t mind locking up your money for six months.

Sweetwater, TN - July 5, 2025

6 Month CD National Average : 0.41% ?

Banks APY MIN MILES ?

Rate History: 5.20% → 4.80%

| Sep 19, 2019

No Specials are being offered. These rates are wrong. Read More

Rate History: 0.01% → 4.50%

| Dec 18, 2023

They will not cash savings bonds for non-account holders Read More

0.25%

$10,000

24.57

Learn More

| Mar 5, 2019

Pinnacle has not had a 3% CD since Oct of 2018. Read More

0.20%

$10,000

13.16

Learn More

0.20%

$1,000

18.70

Learn More

| Aug 5, 2019

Wonderful new experience both in their personnel and their policies. A fresh approach to personal banking! Read More

| Dec 30, 2018

Garden14 Read More

| Aug 5, 2019

Wonderful new experience both in their personnel and their policies. A fresh approach to personal banking! Read More

0.10%

$2,500

18.23

Learn More

0.10%

$10,000

18.21

Learn More

| Jun 12, 2023

US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More

All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

Branches Info around Sweetwater, TN - July 5, 2025


Branch Street City State
Simmons Bank
Etowah Branch
843 Highway 411 North Etowah TN
Regions Bank
Congress Pkwy Branch
921 Congress Parkway S. Athens TN
Regions Bank
Congress Pkwy Branch
921 Congress Parkway S. Athens TN
Builtwell Bank
Etowah Branch
515 North Tennessee Avenue Etowah TN
FirstBank
Farragut Branch
11820 Kingston Pike Knoxville TN
Pinnacle Bank
Farragut Office Branch
241 Brooklawn Street Knoxville TN
FSNB, National Association
Fsnb - Athens Branch
1815 Decatur Pike Athens TN
Citizens Bank
Medical Park Drive Branch
256 Medical Park Drive Lenoir City TN
SouthEast Bank
Athens Branch
1878 S Congress Parkway Athens TN
First Horizon Bank
Athens Branch
1305 Decatur Pike Athens TN
SouthEast Bank
Athens Branch
1878 S Congress Parkway Athens TN
Volunteer Federal Savings Bank
Tellico Plains Branch
111 Cherohala Skyway Tellico Plains TN
Peoples Bank of East Tennessee
Tellico Plains Branch
9186 New Highway 68 Tellico Plains TN
U.S. Bank National Association
Rockwood Branch
134 North Gateway Avenue Rockwood TN


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PRODUCT INFORMATION

6 Month Branch Certificates of Deposit 2025

Six month certificates of deposit (CDs) provide depositors with a short term vehicle for keeping money safe and earning interest. With a six month CD, depositors agree to leave their money in the account for six months in return for a fixed rate of interest over this period. While it is possible to withdraw the money earlier (breaking the CD) doing so comes with high interest penalties and is generally not advised.

In general, almost all brick-and-mortar banks provide CDs to their consumers. Opening one involves taking a trip to the branch although some banks allow CDs to be opened via the phone or online. In general, local banks discourage depositors from out-of-state to open accounts, although this is not a hard rule and if you see an attractive rate from a bank in another state, it is worth investigating the account opening policy. Online banks generally offer better rates on six month CDs but the accounts must be opened online. View online bank rates.

The advantages of six month CDs opened via a traditional bank are:

  • Funds deposited in FDIC banks and within insurance limits are protected by the full faith and credit of the United States government.
  • CDs provide a predictable, set rate of return.
  • Depositors can walk into a local branch and open the CD and fund it that day. Question and inquiries can also be handles in-person.

The disadvantages of six month CDs are:

  • Six month CDs currently pay interest rates significantly below many online and branch-based savings and money market accounts.
  • The deposited money is committed for six months.
  • Six month CDs from traditional banks often pay less interest than from online banks.

When interest rates are falling, it is often preferable to lock in high rates for an extended period of time with a longer-term CD. When interest rates are rising, depositors should avoid committing their money for long periods of time. To see interest rate trends, visit the BestCashCow rate analysis page.

All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

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