Highest Money Market Rates in Tennessee
20 Tennessee-specific accounts
Top Tennessee Rate:3.85% APYFDIC or NCUA Insured
The Tennessee market
Tennessee accounts
20
Institutions
18
Top Tennessee APY
3.85% APY
Nationally: 4.00% APY
FDIC national average
0.63%
As of Sep 2026
20 money market accounts are open only to Tennessee residents, from 18 institutions. The highest advertised APY among them is 3.85%.
The highest nationally available rate is 4.00% APY, 15 basis points above the Tennessee leader.
11 of the 20 Tennessee money market accounts advertise more than the FDIC national average of 0.63% for money market accounts as of Sep 2026.
Tennessee-Specific Money Market Accounts
Money market accounts specifically available to Tennessee residents.
| Institution | Product / Term | APY |
|---|---|---|
| Old National Bank | Market Monitorneeds at least $20,000 | Up to3.85% |
| Centennial Bank | Money Market Accountneeds at least $250,000 | Up to3.75% |
| Morgantown Bank & Trust Company, Incorporated | Performance Money Marketneeds at least $250,000 | Up to3.70% |
| First Federal Bank | Money Marketneeds at least $1,000,000 | Up to3.50% |
| Financial Federal Bank | Money Marketneeds at least $100,000 | Up to3.45% |
| FirstBank | Consumer Fed Funds Money Marketneeds at least $100,000 | Up to3.15% |
| Community Bank | Community Money Marketneeds at least $500,000 | Up to2.50% |
| Gateway First Bank | Gateway Money Marketneeds at least $25,000 | Up to2.50% |
| Tennessee State Bank | Money Marketneeds at least $100,000 | Up to1.81% |
| United Community Bank | Personal Money Marketneeds at least $500,000 | Up to1.15% |
| CBBC Bank | Personal & Business Money Market Accountsneeds at least $1,000,000 | Up to1.00% |
| F&M Bank | Advantage MMAneeds at least $1,000,000 | Up to0.60% |
| Volunteer Bank | Advantage Money Marketneeds at least $1,000,000 | Up to0.60% |
| Morgantown Bank & Trust Company, Incorporated | Omega Money Market | 0.50% |
| First National Bank | Working Money Accountneeds at least $50,000 | Up to0.20% |
| Eclipse Bank, Inc. | Money Market Account | 0.15% |
| First Commerce Bank | Rate Climber Money Marketneeds at least $50,000 | Up to0.15% |
| First Horizon Bank | Money Market Savingsneeds at least $50,000 | Up to0.15% |
| First Horizon Bank | TotalView Money Market Savingsneeds at least $50,000 · needs a linked account at the bank | Up to0.15% |
| Republic Bank & Trust Company | Money Market Account | 0.05% |
Nationally Available Money Market Accounts
The 8 highest-rate money market accounts available nationwide, including in Tennessee.
| Institution | Product / Term | APY |
|---|---|---|
| Bank5 Connect | Money Market Account | 4.00% |
| Climate First Bank | Impact Money Market | 3.96% |
| Prime Alliance Bank | Personal Money Market | 3.90% |
| Quontic Bank | Money Market Account | 3.90% |
| Customers Bank | Ascent Money Market Savings Account | 3.63% |
| Sallie Mae Bank | Money Market Account | 3.60% |
| FNBO Direct | Online Money Market Accountneeds at least $500,000 | Up to3.55% |
| U.S. Bank | Elite Money Marketbalances of $25,000 to $9,999,999,999.99 only | Up to3.40% |