Tennessee Commerce Bank

In Calculated Risk Blog's update to its unofficial problem bank list, it mentioned that the FDIC has issued Tennessee Commerce Bank a Prompt Corrective Action (PCA) order. It already had an FDIC Consent Order filed against it in May 2011. The bank admitt

A reader who had signed up for Tennessee Commerce Bank's recent savings account promotion sent me this note: Just received a letter from Tennessee Commerce Bank that their saving rate will change from 1.50% to 0.90% effective July 1, 2011.  Depositor

Tennessee Commerce Bank is offering some very competitive special rates on its savings account when you also have a checking relationship. The savings account has a tiered rate structure with a 1.50% ...

Tennessee Commerce Bank has a long history of competitive CDs that are available nationwide. They now only list their CD specials on their new website. According to their FAQ , they're only listing ra ...