SouthEast Bank (TN) Adds Two CD Specials


Availability: 15-month CD Special (1.51% APY); 60-month CD Special (2.51% APY); $1k minimum deposit

Availability: Market area includes East and Middle Tennessee.

SouthEast Bank is currently featuring two CD Specials: 15-month (1.51% APY) and 60-month (2.51% APY). The minimum deposit is $1k, with no stated balance cap. The CD Specials are advertised as limited-time specials, but no specific end-date is stated.

2.51%$1k-SouthEast Bank60 Month CD Special
1.51%$1k-SouthEast Bank15 Month CD Special
Accounts mentioned in this post. Rates as of August 17, 2017.

When I ask CSR about the Early Withdrawal Penalty (EWP), I’m used to hear something along the lines of “six months, nine months,” etc. SouthEast Bank’s EWP is unique, in that it’s based on when the withdrawal is made.

  • Within 0-12 months – one month EWP
  • Within 13-35 months – three months EWP
  • Within 36-60 months – six months EWP

Thanks to DA reader, greco, for his Forum post about SouthEast Bank’s CD Specials.


Headquartered in Farragut, Tennessee, SouthEast Bank’s market area is East and Middle Tennessee, stretching from the Kentucky border to the Alabama border.

Opening a CD can be done by phone (844.SEBANKS) or at any of 13 Tennessee branches, located in Athens, Cleveland (2), Cookeville (2), Dayton, Decatur, Farragut, Jamestown, Knoxville, Ooltewah, Spring City, and Ten Mile.

Bank Overview

SouthEast Bank has an overall health grade of "A" at, with a Texas Ratio of 4.26% (excellent), based on December 31, 2016 data. In the past year, SouthEast Bank has increased its total non-brokered deposits by $110.35 million, an excellent annual growth rate of 19.29%. Please refer to our financial overview of SouthEast Bank (FDIC Certificate # 57348) for more details.

SouthEast Bank opened its doors in 2002 and was originally known as SouthEast Bank & Trust. Currently the 11th largest bank in Tennessee, SouthEast Bank has assets in excess of $1.2 billion. The Bank has established the SouthEast Bank Scholars, a scholarship program that rewards outstanding students who plan on attending a Tennessee college or university. Qualified incoming freshmen have their tuition expenses covered by the program. SouthEast Bank Scholars has awarded more than $15 million since the program began.

How the CD Specials Compare

When compared to the 169 similar length-of-term CDs tracked by, which require a similar minimum deposit and are available within the market area, SouthEast Bank’s 15-month CD Special APY currently ranks third.

When compared to the 205 similar length-of-term CDs tracked by, which require a similar minimum deposit and are available within the market area, SouthEast Bank’s 60-month CD Special APY currently ranks third.

The above rates are accurate as of 4/20/2017.

To search for the best CD rates, both nationwide and state specific, please refer to our CD rates table or our new Rates Map page.

Todd   |     |   Comment #1
CSR at their 844-SEBANKS number gave me differing information regarding the EWP on the 60-month CD at 2.51% APY. The EWP she quoted (and doublechecked for me) is 6 months' interest, making my evil plan of doing a 60-month and then breaking it at month 11 (with the "withdrawal penalty of 1 month's interest if broken within 0-12 months" that you were quoted.

Ohwell - worth a shot! :)