Dedicated to Deposits: Deals, Data, and Discussion

4.04% 4-Month CD at a Tennessee Bank (Clayton Bank and Trust)

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Clayton Bank and Trust is advertising a 4.04% APY 4-month CD. The minimum deposit is $400, and the maximum deposit is $400,000. This special doesn't seem to be listed at the bank's website. It was advertised in today's Knoxville News Sentinel. The ad is available online here.

It appears this special requires a branch visit. The ad lists the branches in Downtown Knoxville (620 Market St.) and in West Knoxville (10216 Kingston Pike). The bank also has branches in other parts of Tennessee including the cities of Lexington, Henderson and Jackson. If you live near these other branches, be sure to call and check if these other branches will honor this ad.

The bank has been FDIC insured since 1934 (FDIC Certificate # 6104).

  Tags: Clayton Bank and Trust, Tennessee, CD rates

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