Tennessee Commerce Bank 2.3% Savings Account Rates
The Tennessee Commerce Bank 2.3% Savings Account Rates are available for any U.S. citizen. This rate is active and available for any deposit of $0.00 to $100,000. If your deposits exceeds $100,000, your rate is decreased to 1.50% APY. If your balance might exceed $100,000, it is advisable to open a second account to obtain the best rate from this financial institution.
This savings account does issue a monthly statement, and accesses for its customers are via internet or telephone along with any branch office. There is one free withdraw for this savings account each month. There is no minimum balance required, but for balances that fall below $250, there is a monthly service charge of $2.50. If more than one withdraw is conducted each month, there is a fee of $2.50 per transaction. The money from the account can be access from any bank teller or an ATM if a transaction card has been issued. This account does allow for the customers to obtain free cashier’s check issued upon request.
This is a bank that advertises that they still have principals. Their core value states that they “do as they say they will”. They aim to be the business bank of America, but they still handle personal banking and accounts for individual customers. All deposits through this bank are insured by the FDIC.
For one of the best bank rates on any savings account in the continental U.S, the Tennessee Commerce Bank 2.3% Savings Account Rates are one up there amongst the best.
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