Dedicated to Deposits: Deals, Data, and Discussion

2.50% 12-Month CD & 2.75% 24-Month CD at GreenBank in TN - Local Only

POSTED ON BY

GreenBank is offering two very competitive CD rates: 2.50% APY for a 1-year term and 2.75% APY for a 2-year term. Minimum deposit is $1,000. These rates don't seem to be listed at the bank's website. A reader emailed me info on these, and I just called today (8/31/09) and confirmed that they're still available. The CSR didn't know how much longer they would last.

Yesterday I posted on the bank's $100 checking account bonus (see post).

I was told that a branch visit is required to open a CD. The bank has branches throughout Tennessee including the cities of Knoxville, Nashville, Greeneville, Morristown and Clarksville.

GreenBank's ratings for safety and soundness are fair: 3½ stars (good) at BauerFinancial and 3 stars (performing) at Bankrate.com. Both ratings are based on 3/31/09 financial data. The bank has been a FDIC member since 1934 (FDIC Certificate # 895).

Other Competitive Certificate of Deposit Rates
  Tags: GreenBank, Tennessee, CD rates

Related Posts

Comments
2 comments.
Comment #1 by Anonymous posted on
Anonymous
I just called them a minute ago and the rates are still the same....early withdrawal penalities depend on how much you take out....if I go there, I will leave another comment.

1
Comment #2 by Anonymous posted on
Anonymous
got back from them (Bearden branch in Knoxville, TN)

rates are still the same...also 3 yr cd is 3.10 (if I remember right).

Early withdrawal penalty for my two yr cd is 180 days interest of the amount withdrawn.

1