Franklin Synergy Bank

3

Earn A Top Rate of 2.0% On Your Savings

Two weeks ago we updated the best savings account rates because three of the top five banks in our previous rankings lowered their rates.

We have to update again. But this time we found a great savings rate for residents of every state except North Carolina.
Southern Community Bank and Trust, located in Winston-Salem, N.C. with more [...]

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2% Returns Are History For 12-Month CDs

The last bank offering 2.00% APY on a 12-month CD, Franklin Synergy Bank, dropped its yield to 1.90% APY today.
This is the first time we can recall that savers can’t earn a measly 2% on a nationally available 12-month certificate of deposit.
Two other banks offering 1.90% APY are:
The Palladian Private Bank, based in Chicago [...]

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3

The Week’s Best CD Rates Top Out At 2.8%

Here’s our mid-week rundown of the best, nationally available CD rates based on our current rankings.

3-month CDs: 1.25% APY from Fortune Bank with a $1,000 minimum deposit.
6-month CDs: 1.60% APY from Country Bank with a $500 minimum deposit.
12-month: 2.00% APY from Franklin Synergy Bank with a $1,000 minimum deposit.
24-month CDs: 2.30% APY from Atlantic Coast [...]

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4

One Bank Still Pays 2% On 12-Month CDs

At the end of last year, six banks were paying 2.00% APY on 12-month CDs.
Now there’s one. (And it isn’t one of the half-dozen banks that topped our December rankings.)

Franklin Synergy Bank, with two branches in Franklin, Tenn., and a $1,000 minimum deposit, is the new leader.
Other top rates for nationally available 12-month CDs are:
1.90% [...]

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Tennessee Bank Tops 12-Month CD Rates

A small Tennessee bank has leapt to the top of our rankings of the best nationally available 12-month CD rates.
Franklin Synergy Bank, which has two branches in Franklin,Tenn., is paying 2.10% APY with a minimum deposit of $1,000.
Last July we featured a very good 11-month special from this bank that was discontinued only a few [...]

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1 year CDs (certificate of deposits): Who offers the best rates?

The 1 year CD remains the most popular deposit product on BankVibe this month. The one-year CD comes with a fixed rate and most banks will impose a hefty penalty fee for early withdrawals. If you are currently in the market for a 1 year CD and are strictly after the most lucrative rate, we suggest looking locally to your banks and credit unions as these institutions (depending where you live) can generally provide more competitive returns than the larger national banks.
Highest Yielding 1 year Certificate of Deposit Rates:

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11-Month CD Special Offers 2.78% APY

Move over Charlotte, it looks like Franklin, Tenn., population almost 56,000, could be the new banking capital of the South — at least when it comes to certificates of deposit.
Tennessee Commerce Bank headquartered in Franklin, has been making some outstanding CD rates available nationwide for several months.
Now Franklin Synergy Bank, which has two branches in [...]

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11 month online certificate of deposit through Franklin Synergy Bank

Here is a pretty sweet deal I just found in our inbox if you happen to be in the market for short-term high yield certificates of deposit…

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