5.05% 7-Month CD at a Tennessee Bank

Renasant Bank is offering 5.05% 7-month CD with a minimum deposit of $2.5K. The offer is for a limited time and is not listed at the bank's website. It was advertised in the Memphis Commercial Appeal newspaper. The ad is available online here.

The ad does not mention if the CD is only available at the Memphis branches. The bank has branches in Tennessee, Mississippi, Alabama and Florida.