5.70% 6-Month CD at a Tennessee Bank (BankEast)

BankEast is offering a 5.70% APY 6-month certificate of deposit. The minimum is $1K. The term is actually 6 months plus an additional 16 days. This special is not listed at the bank's website. It was advertised in today's Knoxville News Sentinel. The ad is available online here.

The bank has branches in Knoxville, Maryville, Gainesboro and Seymour, TN.

BankEast has been FDIC insured since 1968. It's rated 3 out of 5 stars by Bankrate.com (performing).