Banking Rates & News

Nashville Metro Area

Including Nashville, Franklin, Murfreesboro, Clarksville, Brentwood, Cookeville, Hendersonville, Gallatin, Mount Juliet, Hopkinsville, and 124 other towns.

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Banking in the Nashville Area

Nashville is the second-largest city in Tennessee behind Memphis, with a population of about 660,000. However, it has a large surrounding area, with a metropolitan population of about 1.8 million - the largest in the state. Notable cities in the Nashville area include Franklin, Murfreesboro, Clarksville, Brentwood, Cookeville, Hendersonville, Gallatin, Lebanon, and Mount Juliet.

Though Nashville is known as the home of the Grand Ole Opry and an important city in the country music scene, it actually has a very diversified economy, one in which banking plays a significant role.

There are 86 banks and 48 credit unions with headquarters in the Nashville area. Notable institutions with their headquarters in Nashville or surrounding cities include Pinnacle Bank of Tennessee, FirstBank, Franklin Synergy Bank, Wilson Bank and Trust, and Ascend Federal Credit Union. The oldest institution with headquarters in the area that is still operating today is Elkton Bank & Trust Company, which was established in 1866. In total, including banks headquartered elsewhere that operate in and around the city, Nashville has approximately 139 banks and 60 credit unions with a total of more than 1,140 branches.

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Local Deals & News

Promo 13 Month CD 2.75 Apy
Minimum 10K new funds. Recent merger of Synovus with Florida Community Bank.
Navy Federal Introduces 17-Month Add-On CD Special, 3.25% APY
Deal Summary: 17-month Share Certificate Special, 3.25% APY, $50 minimum/$50k maximum deposit, additional deposits up to $50k. Availability: Nationwide, but restricted to those with a military relationship. Navy Federal Credit
Special Certificate Available Now!
Certificate Special Offers Rates effective as of: 07 January, 2019 12:01 AM ET Special 17-Month Certificate (Share Only) $50 to open 17 months 3.20% 3.25%APY Limit one Special 17-Month Share Certificate per member.
17Mo CD (Non-IRA) Add-On @ 3.25% APY
Don't see it on their website yet (not surprised) but spoke to a NavyFed rep, and asked about new CD rates for the New Year, and was told that they
Penfed Increases Rates On 15- And 18-Month Cds
15-month APY is 2.90% (was 2.85) 18-month APY is 2.95% (was 2.90) other rates are unchanged https://www.penfed.org/accounts/money-market-certificate
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