 High Yield Certificate of Deposit (CD) Â
Saving your money is great. Growing it is even better.
Earn up to 4.75% APY*
Brighton Bank in Tennessee - FDIC Member
4.9 Average Google Rating
12-month CD
Annual Percentage Yield
$0 Monthly Maintenance Fees
Ensuring your investment is all about your gain
Your money, FDIC insured
Your investment is secure and protected.
Get more for your money.
12- Month Certificate of Deposit (CD)
Compare Local West Tennessee Banks Today!
Annual Percentage Yield
Brighton Bank
4.75%
Bank Tennessee
4.70%
Bank of Ripley
3.00%
Patriot Bank
3.00%
INSOUTH Bank
2.38%
First Citizens
2.20%
First South Financial
2.12%
Simmons Bank
0.75%
Regions Bank
0.01%
Compare the cost of banking somewhere else in Tennessee.
Searching for the best CD rates?
Savvy savers make it a point to track down the best CD rates today, knowing the importance of high-yield savings accounts in building a solid financial foundation.
In the quest for stable and profitable savings options, Certificates of Deposit (CDs) offer a secure and predictable way to grow your investments. Brighton Bank is at the forefront, providing one of the highest CD rates today to ensure your financial goals are surpassed. With competitive rates and a variety of CD options, we cater to both short-term and long-term savings plans, offering flexibility, security, and attractive returns. Explore how Brighton Bank can transform your savings into significant assets.
Ready to start earning more from your savings?
Open your CD account today. It's simple, quick, and hassle-free.
THE EXPERIENCE YOU DESERVE
Security
With FDIC insurance and real-time alerts, you can rest assured knowing your money is safe.
Simplicity
Our team is passionate about making things easy for you so you can focus on what's important to you.
Commitment
We strive to offer exceptional service and support, helping our clients reach their goals.
Testimonials
What our clients are saying
We reward you for banking with us, not the other way around.
Brighton Bank
See our best CD Rates today
At Brighton Bank, we're redefining financial growth in Tennessee with two of our best CD (Certificate of Deposit) accounts. Our CD accounts are designed to skyrocket your savings securely. With Brighton Bank, experience the confidence of investing where your earnings aren’t just promised; they're unparalleled.
TRACK YOUR SAVINGS ON-THE-GO
Simple Online Banking
Manage your finances anytime, anywhere, with secure and easy-to-use online mobile banking.
Mobile Check Deposit
Deposit checks at your convenience from anywhere. Simply snap a photo of the check using your phone.
Multiple Accounts
Create multiple high-yield Savings accounts, each dedicated to a different financial goal.
Custom Tracking
Stay informed and in control with custom alerts and notifications, ensuring you're always up-to-date on your account activity.
Download the Brighton Bank App
Start exploring (and enjoying) everything we have to offer.
Questions?
We're here to help.
We're committed to offering personalized guidance to enhance your savings and help you reach your financial goals.
By Phone
Have more questions?
(901) 476-5353
Brighton Bank Certificate of Deposit (CD) Account Terms
Welcome to Brighton Bank, where we offer Certificate of Deposit (CD) Accounts to help you grow your savings securely. As a proud member of the FDIC, your deposits with us are insured per FDIC regulations.
Interest Rates and Annual Percentage Yields (APYs): Brighton Bank CD Accounts come with fixed interest rates and APYs for the full term of your deposit. Here's what we offer:
6-Month Certificate of Deposit (CD) Offer: Annual Percentage Yield (APY): 4.25%
12-Month Certificate of Deposit (CD) Offer: Annual Percentage Yield (APY): 4.75%
2-Year Certificate of Deposit (CD) Offer: Annual Percentage Yield (APY): 4.00%
3-Year Certificate of Deposit (CD) Offer: Annual Percentage Yield (APY): 3.25%
5-Year Certificate of Deposit (CD) Offer: Annual Percentage Yield (APY): 3.25%
The interest rate you receive when opening your account will not change until maturity. Interest accrues daily from the first business day of depositing non-cash items (e.g., checks) and is credited to you at the account's maturity. Interest is not compounded.
Opening and Earning Requirements for CD Account:
- Earning Interest: A balance of $500.00 is required to start earning interest on your CD account.
- Opening Deposit: A minimum of $500.00 is required to open your CD account.
- Additional Deposits: No additional deposits are allowed after the account is opened.
- Withdrawals: If you withdraw any of the principal before the maturity date, we may impose a penalty of all accrued interest will be forfeited on withdrawals.
Calculating Your Interest: We use the daily balance method to calculate your interest. This method applies a daily rate to the principal in the account each day.
Term and Maturity Information: Your CD account has a fixed term, detailed as follows:
- 6 Months: 182 days
- 12 Months: 12 months
- 2 Years: 24 months
- 3 Years: 36 months
- 5 Years: 60 months
Upon maturity, you'll have a 10-day grace period to withdraw funds without penalty. If not withdrawn, your CD will automatically renew under the same term.
Early Withdrawal Penalties: Withdrawing any part of the principal before the maturity date will result in the forfeiture of all accrued interest.
Monthly Service Fee: $0.00
Renewal Policy: Your CD account will automatically renew at maturity for the same term unless you take action during the 10-day grace period following the maturity date.
Investing in a CD with Brighton Bank means choosing a safe and secure way to grow your savings. We're here to help you every step of the way.
Please note that the Annual Percentage Yields (APYs) stated here are accurate as of 4/15/2024 but are subject to change at any time.
*Brighton Bank is a member of the FDIC and does not provide more than $250,000 of FDIC insurance per legal category of account ownership, as described in the FDIC's regulations.
*The Tennessee Bank Chart Comparison is based on a comparative analysis of monthly Certificate of Deposits Yields available in Tipton County, TN, as reported by the S&P Global Capital IQ Report as of 4/15/2024. This comparison includes only banks with physical offices within Tipton County, Tennessee, and is subject to change as new data becomes available. It is important to note that comparisons of CD account rates are only one aspect of choosing a bank. Other factors, such as minimum down payment requirements, monthly service fees, and other account terms and conditions, can significantly impact the overall value and suitability of a CD account for your individual needs. These factors vary significantly among banks and can influence the overall cost or benefit of a CD account beyond its interest rate alone. The information provided is intended for informational purposes only and should not be considered as a comprehensive market survey. Rates and terms are subject to change, and the presented comparison may not reflect the most current offerings in the market. We strongly encourage customers to consult with a bank representative to obtain the most up-to-date information and to discuss how our banking products can best meet their financial needs, taking into consideration all relevant factors beyond just the interest rate.