Commercial Bank (TN)
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.50% | Reward Checking | 2.15% - National Average |
| 0.75% | Reward Savings | 0.98% - National Average |
| 2.78% | 5-year CD | 3.10% - Barclays 60 Month Online CD |
Commercial Bank (TN) is headquartered in Harrogate and is the 14th largest bank in the state of Tennessee. It is also the 616th largest bank in the nation. It was established in 1976 and as of December of 2018, it had grown to 248 employees at 30 locations. Commercial Bank (TN)'s money market rates are 4X the national average, and it has a B+ health rating.
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Online Banking Failure
I am a student at LMU and have been using Commercial Bank since moving to Harrogate in 2009. I chose CBTN because I needed local checks and they were the only bank around with a rewards checking account. One of the requirements for rewards checking is that you receive your statements online.
Let me tell you, Commercial Bank's online banking is an absolute failure. The password requirements are overbearing, with frequent changes. I write down what I change it to, every time, and it still locks me out all the time. I go to reset my password, and it tells me I don't have an account type that allows online password resets. When you can log in, it's not well-organized on the other side, and statements only last two months. How is that online record-keeping?
I have not enjoyed their service in person either. They're slow, they'll put holds on anything, etc. A bank check! - this isn't someone's personal check where you can worry about insufficient funds, but a check issued by a major bank itself based on actual funds.
It's been like this for the past three years. They did update their website during that time (it didn't help the password failures, just make the password requirements more onerous). I can't wait till graduation.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 22354 |
| Year Established | 1976 |
| Employees | 248 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.28% |
| Return on Equity - YTD | 13.42% |
| Annual Interest Income | $53.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $1.28B$981.2MM |
| Loans | Q4 2018vs Q4 2017 | $970.3MM$740.4MM |
| Deposits | Q4 2018vs Q4 2017 | $1.09B$797.6MM |
| Equity Capital | Q4 2018vs Q4 2017 | $118.6MM$100.2MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $8.7MM$8.8MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $7.7MM$12.1MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $12.6MM$11.3MM |
Always verify rates and promotions with the bank or credit union. We are not Commercial Bank (TN); we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Commercial Bank (TN) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.75%* | - | $15k | Kasasa Saver | ||
| OTHER TIERS: 0.20% → $15k+ | |||||
| 0.20% | - | - | Simply Savings | ||
| 0.10% | - | - | Christmas Savings | ||
Commercial Bank (TN) Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.76%* | $200k* | $1m | Make it Count MMDA | ||
| OTHER TIERS: 0.25% → $2.5k - $25k | 1.00% → $25k - $200k | |||||
| 1.76%* | $200k* | $1m | Business Make it Count MMDA | ||
| OTHER TIERS: 0.25% → $2.5k - $25k | 1.00% → $25k - $200k | |||||
Commercial Bank (TN) Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.50%* | - | $15k | Kasasa Cash Checking | ||
| OTHER TIERS: 0.25% → $15k+ | |||||
| 0.15%* | $100k* | - | Business Interest-Bearing Checking | ||
| OTHER TIERS: 0.05% → $1k - $50k | 0.10% → $50k - $100k | |||||
Commercial Bank (TN) CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.90% | $500 | - | 72 Month CD | |
| 2.78% | $500 | - | 60 Month CD | |
| 2.50% | $500 | - | 30 Month CD | |
| 2.37% | $500 | - | 36 Month CD | |
| 2.15% | $500 | - | 13 Month CD Special | |
| 1.30% | $500 | - | 24 Month CD | |
| 1.10% | $500 | - | 15 Month CD | |
| 0.60% | $500 | - | 12 Month CD | |
| 0.45% | $2.5k | - | 6 Month CD | |
| 0.45% | $2.5k | - | 9 Month CD | |
| 0.40% | $2.5k | - | 91 - 181 Day CD | |
| 0.10% | $2.5k | - | 31 - 90 Day CD |
Commercial Bank (TN) IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.78% | - | - | 60 Month Fixed IRA | |
| 2.78% | - | - | 60 Month Variable IRA | |
| 2.25% | - | - | 18 Month Fixed IRA | |
| 2.25% | - | - | 18 Month Variable IRA | |
| 2.15% | - | - | 13 Month Fixed IRA |
