Franklin CD Rates

With your big money comes big responsibility. The best strategy is diversify your investments with stocks, money markets and accounts with the best CD rates in Franklin. If you have immediate plans for your financial future, you want to make sure not to risk losing the principal so a safe and insured certificate of deposit may be the way to go.

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Another route to take is to investigate a high Franklin money market interest rate as in times of a rollercoaster economy safe investments are the way to go. No matter what happens out there, work hard, save your pennies and protect your world.

Current Franklin CD Rates News

03/12/10

US interest rate stance appropriate -IMF's Lipsky

PALO ALTO, Calif., March 12 (Reuters) - The US Federal Reserve's decision to keep borrowing rates low is appropriate given the economic recovery is still ...

03/12/10

MONEY MARKETS-Pre-Fed apprehension lifts rates

With a formal rate hike still seen at least months away, speculators are curious to know how the US central bank will begin preparing markets for the ...

 

Best Franklin CD Account Rates

Featured RateBank / Credit UnionAccount Type
2.05%
As of February 8, 2010

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Discover Bank
Discover Bank
CD Account
Highest Rates Recent Rate Changes
Best Rates (APY)Bank / Credit UnionAccount Type
2.35%
As of January 12, 2010
View Rate Details Sumner Bank & Trust CD Account
1.66%
As of February 8, 2010
View Rate Details Cornerstone Financial Credit Union CD Account
1.60%
As of February 15, 2010
View Rate Details The Tennessee Credit Union CD Account
1.51%
As of March 3, 2010
View Rate Details Heritage South Community Credit Union CD Account
1.51%
As of February 8, 2010
View Rate Details Employees Credit Union CD Account
Bank / Account TypeRate ChangeDate
  Gateway Credit Union - 6 Month CD Account 2.00% to 1.50% Mar 3, 2010
  Heritage South Community Credit Union - 6 Month CD Account 1.51% to 1.51% Mar 3, 2010
  First Farmers and Merchants Bank Tennessee - 6 Month CD Account 1.40% to 1.30% Feb 28, 2010
  Civic Bank & Trust - 6 Month CD Account 1.30% to 1.30% Feb 24, 2010
  Citizens Savings Bank and Trust Company Nashville Tennessee - 6 Month CD Account 1.10% to 1.10% Feb 23, 2010
 

Best CD Rates, IRAs and Investments in Franklin

Franklin Banking Rates want to help you earn money, save money and put yourself in the best position for your own financial situation. If you have a savings account that you do not need for the rest of this year, it may be a good idea to invest into a 6-12 month CD and take advantage of the higher interest rates. You can earn up to 1% or more in a CD versus a savings account with a $5000 CD over 10 years; that can be over $500-$1000 more in interest payments with the higher CD rate.

Many local Franklin credit unions offer competitive CD rates, money market accounts and IRAs, as do the larger national banks. If you want to get the highest interest rates, be sure to thoroughly research banks with the best offers before you make your decision. Franklin Banking Rates has relationships with many banks to maximize the potential of finding the best rates.

CD Rates When Interest Rates are Falling in Franklin, TN

A clear advantage of investing in CD’s is that CD Rates are fixed, meaning you lock in an interest rate for the entire term of the CD, and it does not change. When interest rates are dropping, your CD stays at a higher rate. If you money is in a savings account, or interest paying checking account, your interest rate will drop daily, if rate are falling. Learn from Franklin Banking Rate partners if rates are falling or rising, and make the right choice to earn more money.

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Check Rates in These Cities Near Franklin:

Serving the Following Franklin Zip Codes:

MurfreesboroMemphisChattanooga
NashvilleKnoxvilleBrentwood
Johnson CityHendersonville
37064, 37065, 37067, 37068, 37069

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