Compare the Best Local Rates

Knoxville Savings Account Rates: Banks Versus Credit Unions

Both community banks and credit unions have garnered reputations as sources of excellent interest rates, which is great to know when you’re looking for the highest rate on your Knoxville savings account. Of course, only one financial institution in the city can have the very best interest rate of all, and you probably want to know where that is. Is it the nearby bank or your community credit union? You’re about to find out.

Below is a list of the best savings account rates in Knoxville, TN, split up by credit unions and banks. Did your financial institution make the list?

Knoxville Banks with the Highest Savings Rates

  • Community National Bank Dayton, TN: 0.6%
  • Home Federal Bank of Tennessee: 0.5%
  • Mountain National Bank: 0.4%
  • First Trust and Savings Bank, Oneida, Tennessee: 0.25%

Credit Unions in Knoxville with the Best Savings Interest Rates

  • Knoxville Firefighters Credit Union: 0.45%
  • New South Credit Union: 0.4%
  • Y-12 Credit Union: 0.25%
  • Etma Credit Union: 0.25%
  • Knox County Teachers Credit Union: 0.25%

Please note that these rates are accurate as of 6/17/11, but are subject to change at any time.