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Tennessee Savings Rate Trends

Hermitage, Tennessee (TN) Savings Rates - March 2026

The best savings rates for Hermitage, Tennessee and the surrounding area include FsnbFsnb4424 Lebanon Pike, Hermitage, TN 37076A5.0 ★Texas Ratio: 12.00% Cents-able Savings at 7.00% APY, Outreach Federal Credit UnionOutreach Federal Credit Union3904 Central Pike, Hermitage, TN 37076 3409A+5.0 ★Texas Ratio: 3.13% Share Savings Account at 2.53% APY, First HorizonFirst Horizon4771 Lebanon Pike, Hermitage, TN 37076A+5.0 ★Texas Ratio: 5.08% TotalView Money Market Savings at 0.75% APY, Ascend Federal Credit UnionAscend Federal Credit Union5502 Old Hickory Blvd, Hermitage, TN 37076A+5.0 ★Texas Ratio: 2.48% Savings at 0.20% APY, and Wells FargoWells Fargo4740 Lebanon Pike, Hermitage, TN 37076A5.0 ★Texas Ratio: 7.44% Retirement High Yield Savings at 0.05% APY. Savings rates as of March 27, 2026 according to verified data from MonitorBankRates.

To see how these savings rates in Hermitage, Tennessee, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Hermitage, Tennessee (TN) are continually updated — we recommend checking back frequently.

Savings rates reflect recent market quotes and representative offers available to depositors in Hermitage, Tennessee and the surrounding area. Last Updated and Verified: March 27, 2026

Compare the Best Savings Rates in Hermitage, Tennessee & Surrounding Communities

Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Fsnb
Institution Rating:
A5.0 ★Texas Ratio: 12.00%
4424 Lebanon Pike, Hermitage, TN 37076
Cents-able Savings
7.00%
$5
Rate7.00%
Min Deposit$5
Min Balance
UpdatedMar 23, 2026
Details

Outreach Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.13%
3904 Central Pike, Hermitage, TN 37076 3409
Share Savings Account
2.53%
$0
Rate2.50%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
4771 Lebanon Pike, Hermitage, TN 37076
TotalView Money Market Savings
0.75%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

Fsnb
Institution Rating:
A5.0 ★Texas Ratio: 12.00%
4424 Lebanon Pike, Hermitage, TN 37076
Savings Tier Three
0.70%
$0
Rate0.70%
Min Deposit$0
Min Balance
UpdatedMar 23, 2026
Details

Minimum Balance to open account: $5; Minimum balance to earn Interest and obtain APY: $25; Balances $50,000.00 or more

First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
4771 Lebanon Pike, Hermitage, TN 37076
TotalView Money Market Savings
0.60%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

Fsnb
Institution Rating:
A5.0 ★Texas Ratio: 12.00%
4424 Lebanon Pike, Hermitage, TN 37076
Savings Tier Two
0.50%
$0
Rate0.50%
Min Deposit$0
Min Balance
UpdatedMar 23, 2026
Details

Minimum Balance to open account: $5; Minimum balance to earn Interest and obtain APY: $25; Balances $5,000.00 to $49,999.99

First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
4771 Lebanon Pike, Hermitage, TN 37076
TotalView Money Market Savings
0.50%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

Fsnb
Institution Rating:
A5.0 ★Texas Ratio: 12.00%
4424 Lebanon Pike, Hermitage, TN 37076
Savings Tier One
0.30%
$0
Rate0.30%
Min Deposit$0
Min Balance
UpdatedMar 23, 2026
Details

Minimum Balance to open account: $5; Minimum balance to earn Interest and obtain APY: $25; Balances less than $5,000.00

First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
4771 Lebanon Pike, Hermitage, TN 37076
Traditional Savings
0.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
5502 Old Hickory Blvd, Hermitage, TN 37076
Savings
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
5502 Old Hickory Blvd, Hermitage, TN 37076
Health Savings Account
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
5502 Old Hickory Blvd, Hermitage, TN 37076
Business Savings
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
5502 Old Hickory Blvd, Hermitage, TN 37076
Savings
0.15%
$0
Rate0.15%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
5502 Old Hickory Blvd, Hermitage, TN 37076
Health Savings Account
0.15%
$0
Rate0.15%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
5502 Old Hickory Blvd, Hermitage, TN 37076
Business Savings
0.15%
$0
Rate0.15%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
4771 Lebanon Pike, Hermitage, TN 37076
Money Market Savings
0.15%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
4771 Lebanon Pike, Hermitage, TN 37076
Money Market Savings
0.10%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
4740 Lebanon Pike, Hermitage, TN 37076
Retirement High Yield Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
5502 Old Hickory Blvd, Hermitage, TN 37076
Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
5502 Old Hickory Blvd, Hermitage, TN 37076
Health Savings Account
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
5502 Old Hickory Blvd, Hermitage, TN 37076
Business Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
4740 Lebanon Pike, Hermitage, TN 37076
Platinum Savings
0.05%
$25
Rate0.05%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
4740 Lebanon Pike, Hermitage, TN 37076
Platinum Savings
0.02%
$25
Rate0.02%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
5502 Old Hickory Blvd, Hermitage, TN 37076
Savings
0.01%
$0
Rate0.01%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
4740 Lebanon Pike, Hermitage, TN 37076
Way2Save® Savings
0.01%
$25
Rate0.01%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

$25 minimum opening deposit

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
5502 Old Hickory Blvd, Hermitage, TN 37076
Health Savings Account
0.01%
$0
Rate0.01%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Ascend Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.48%
5502 Old Hickory Blvd, Hermitage, TN 37076
Business Savings
0.01%
$0
Rate0.01%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
4740 Lebanon Pike, Hermitage, TN 37076
Platinum Savings
0.01%
$25
Rate0.01%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit

First US Bank (AL)
Institution Rating:
A+5.0 ★Texas Ratio: 3.21%
100 W Emory Rd, Powell, TN 37849
NextGEN Savings
5.12%
$5
Rate0.00%
Min Deposit$5
Min Balance
UpdatedMar 26, 2026
Details

Qualifying balance up to $500.00

Leaders Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.94%
214 Oil Well Rd, Jackson, TN 38305 7914
Share Savings
5.00%
$10
Rate4.89%
Min Deposit$10
Min Balance
UpdatedMar 20, 2026
Details

Qualifying balance up to $500.00

US Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.37%
89 Hermitage Ave, Nashville, TN 37210
Kickstart Kids Savings Acct1
4.06%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Redstone Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.00%
110 Bluff Dr, Fayetteville, TN 37334
Brighter Day Savings Account
4.06%
$0
Rate4.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Qualifying balance up to $2,500.00

FirstBank (TN)
Institution Rating:
A5.0 ★Texas Ratio: 6.39%
71 S Mechanic St, Lynchburg, TN 37352
FirstUp Savings
3.82%
$50
Rate3.75%
Min Deposit$50
Min Balance
UpdatedMar 26, 2026
Details

Qualifications Required: recurring monthly transfer totaling $50.00 or more from the FirstBank personal checking or FirstBank personal money market; Qualifying balance up to $25,000.00

Community Bank Lexington, TN
Institution Rating:
A+5.0 ★Texas Ratio: 0.19%
19 Natchez Trace Dr S, Lexington, TN 38351
Community Reserve High Yield Savings
3.75%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

U T
Institution Rating:
A+5.0 ★Texas Ratio: 4.31%
2100 White Ave, Knoxville, TN 37916 2216
U Earn Savings
3.70%
$0
Rate3.64%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Higher dividends are earned when you maintain a UTFCU consumer checking account and receive at least $500 in total direct deposits per month.

Cornerstone Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.66%
1701 21st Ave s, Nashville, TN 37212 3703
High Yield Savings
3.50%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

U T
Institution Rating:
A+5.0 ★Texas Ratio: 4.31%
2100 White Ave, Knoxville, TN 37916 2216
U Rewards Share Draft
3.50%
$0
Rate3.45%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Qualifications Required; Qualifying balance up to $25,000

Knoxville TVA Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.39%
1316 Wilson Rd, Knoxville, TN 37912
PREMIUM SAVINGS ACCOUNT
3.50%
$0
Rate3.45%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Fortera Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.06%
2050 Lowes Dr, Clarksville, TN 37040 1620
High Yield Savings
3.50%
$0
Rate3.45%
Min Deposit$0
Min Balance
UpdatedMar 23, 2026
Details

U T
Institution Rating:
A+5.0 ★Texas Ratio: 4.31%
2100 White Ave, Knoxville, TN 37916 2216
U Earn Savings
3.30%
$0
Rate3.25%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Higher dividends are earned when you maintain a UTFCU consumer checking account and receive at least $500 in total direct deposits per month.

PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
2470 E State St, Hermitage, PA 16148
PNC High Yield Savings®
3.25%
$0
Rate3.20%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Appalachian Community Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.21%
5034 Bobby Hicks Hwy Ste 2, Gray, TN 37615
Share Draft (Peak Checking)
3.25%
$0
Rate3.20%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

based on qualifying criteria**

Knoxville TVA Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.39%
1316 Wilson Rd, Knoxville, TN 37912
Jump Start Savings
3.00%
$5
Rate2.96%
Min Deposit$5
Min Balance
UpdatedMar 24, 2026
Details

Qualifying balance up to $500.00

Fortera Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.06%
2050 Lowes Dr, Clarksville, TN 37040 1620
High Yield Savings
3.00%
$0
Rate2.97%
Min Deposit$0
Min Balance
UpdatedMar 23, 2026
Details

US Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.37%
89 Hermitage Ave, Nashville, TN 37210
Emergency Fund Savings
3.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Knoxville TVA Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.39%
1316 Wilson Rd, Knoxville, TN 37912
PREMIUM SAVINGS ACCOUNT
3.00%
$0
Rate2.96%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Knoxville TVA Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.39%
1316 Wilson Rd, Knoxville, TN 37912
Jump Start Savings Account
3.00%
$5
Rate0.00%
Min Deposit$5
Min Balance
UpdatedMar 24, 2026
Details

Earn 3.00% APY on the first $500.00

U T
Institution Rating:
A+5.0 ★Texas Ratio: 4.31%
2100 White Ave, Knoxville, TN 37916 2216
U Earn Savings
2.80%
$0
Rate2.77%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Higher dividends are earned when you maintain a UTFCU consumer checking account and receive at least $500 in total direct deposits per month.

Gateway First Bank
Institution Rating:
F1.8 ★Texas Ratio: 53.47%
905 Tusculum Blvd, Greeneville, TN 37745
Gateway High Yield Savings
2.75%
$0
Rate2.72%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

Minimum Balance 4,5,6,9,10

TRUST Federal Credit Union
Institution Rating:
B+4.7 ★Texas Ratio: 18.28%
2186 Northgate Park Ln, Chattanooga, TN 37415 6911
Premium Savings
2.50%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Fortera Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.06%
2050 Lowes Dr, Clarksville, TN 37040 1620
High Yield Savings
2.50%
$0
Rate2.48%
Min Deposit$0
Min Balance
UpdatedMar 23, 2026
Details

Fortera Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.06%
2050 Lowes Dr, Clarksville, TN 37040 1620
High Yield Savings
2.25%
$0
Rate2.23%
Min Deposit$0
Min Balance
UpdatedMar 23, 2026
Details

TRUST Federal Credit Union
Institution Rating:
B+4.7 ★Texas Ratio: 18.28%
2186 Northgate Park Ln, Chattanooga, TN 37415 6911
Premium Savings
2.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Cornerstone Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.66%
1701 21st Ave s, Nashville, TN 37212 3703
Wealth Builder MMA
2.05%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

$250,000 or more

Morgantown B&T
Institution Rating:
A+5.0 ★Texas Ratio: 1.40%
3102 West End Ave, Nashville, TN 37203
Club Savings
2.02%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Elizabethton FSB
Institution Rating:
A+5.0 ★Texas Ratio: 0.47%
112 N Sycamore St, Elizabethton, TN 37643
High Yield Savings
2.02%
$0
Rate2.00%
Min Deposit$0
Min Balance
UpdatedMar 23, 2026
Details

Morgantown B&T
Institution Rating:
A+5.0 ★Texas Ratio: 1.40%
3102 West End Ave, Nashville, TN 37203
Health Savings Account
2.02%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

SouthEast Bank
Institution Rating:
C-3.6 ★Texas Ratio: 31.66%
285 Front St, Spring City, TN 37381
Bonus Rate Savings
2.01%
$50
Rate0.00%
Min Deposit$50
Min Balance
UpdatedMar 21, 2026
Details

Qualifications Required: SouthEast Bank checking account with the Round Up feature; eStatements; 15 debit card purchases; Qualifying balance up to $10,000

First Community Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.10%
300 Sunset Dr, Johnson City, TN 37604
Community Savings
1.51%
$0
Rate1.50%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice.

Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.

Hermitage, TN Savings Rate Trends

Compare local Hermitage, TN savings rate quotes against the statewide average

Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full Tennessee Savings Trends →
High-Yield Savings — TN Avg
1.294%
▼ 0.257 from last week

Tennessee high-yield savings rates fell 0.257 points this week to 1.294% APY, down from 1.551% last week.

Standard Savings — TN Avg
0.515%
▲ 0.264 from last week

Tennessee standard savings rates rose 0.264 points this week to 0.515% APY, up from 0.251% last week.

As of Mar 27, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Methodology & Data Sources

Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Hermitage, Tennessee directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every savings rate displayed on MonitorBankRates.com is highly accurate and trustworthy.

Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Hermitage, Tennessee. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in TN.

Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.

Frequently Asked Questions about Savings Accounts in Hermitage, Tennessee

What is a High-Yield Savings Account (HYSA)?

A High-Yield Savings Account (HYSA) typically pays significantly higher interest than standard accounts at national brick-and-mortar banks. These accounts, often found at online banks or local credit unions in Tennessee, help your money grow faster through a higher APY.

Are savings accounts in Hermitage, Tennessee safe?

Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in Tennessee up to $250,000 per depositor, per institution.

How often do savings rates change in Hermitage, Tennessee?

Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Tennessee rate tables daily to ensure you see the most current high-yield options.

Do I need a minimum deposit to open a savings account?

It depends on the bank. Many online high-yield savings accounts have no minimum deposit requirement, while some traditional banks in Hermitage, Tennessee may require $25–$100 to open an account.

What is the difference between a Savings Account and a Money Market Account?

Both pay interest and are federally insured. Money Market Accounts (MMAs) often come with check-writing privileges or a debit card, making them more flexible, whereas standard savings accounts typically do not.

Are online banks better than local banks in Hermitage, Tennessee?

Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Hermitage, Tennessee offer in-person customer service, which some customers prefer.

How do I open a savings account in Hermitage, Tennessee?

You can open a savings account online or in-person. You will generally need a government-issued ID, your Social Security number, and an initial deposit to get started.

Best Savings Rates in Hermitage, Tennessee

Here are recent savings rates observed in Hermitage, Tennessee and the surrounding area:
  • Fsnb
    Cents-able Savings — 7.00% APY
  • Outreach Federal Credit Union
    Share Savings Account — 2.53% APY
  • First Horizon
    TotalView Money Market Savings — 0.75% APY
  • Ascend Federal Credit Union
    Savings — 0.20% APY
  • Wells Fargo
    Retirement High Yield Savings — 0.05% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Hermitage, Tennessee. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 27, 2026