Please remember that First South will never call you from our main number, 901.380.7400, and ask you to provide your full Social Security Number, full credit or debit card account number, the code on the back of the card, the expiration date or other pieces of sensitive information, such as any codes or temporary passwords used to reset access to online or mobile banking. We take the safety and security of your personal information very seriously and have many procedures and safeguards in place to keep your information safe and secure. 

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Guaranteed Best CD Rates.


Certificate and IRA special - 3.25% APY for 25 months or 3.00% APY for 13 months*

take advantage of these great offers today!

Let your money work harder for you by opening a Certificate(CD) or Traditional IRA with First South Financial, one of the strongest financial institutions in the nation.

You can open your Certificate (CD) or IRA by calling us at 901.380.7400 or by visiting any banking center.

And if you don't already bank with us, you can start a relationship with us in just minutes! 

Open An Account  View All CD and IRA Rates

Call us at 901-380-7400 or stop by any of our banking centers today!

CD (Certificate) and IRA Specials
Effective Date: Saturday, April 1st, 2023
NameTermminimum to openRateAnnual Percentage Yield
13 Month Certificate 13 months $5,000 2.960% 3.00%
25 Month Certificate 25 months $5,000 3.203% 3.25%
13 Month Traditional IRA 13 months $5,000 2.960% 3.00%
25 Month Traditional IRA 25 months $5,000 3.203% 3.25%

*APY = Annual Percentage Yield. Minimum deposit amount of $5,000.00. At maturity the 25 month CD or IRA will convert to an 18-month certificate or IRA at our standard posted rates.  At maturity the 13 month CD or IRA will convert to a 12-month certificate or IRA at our standard posted rates. The APY is an annualized rate that reflects estimated dividend earnings based on the dividend rate and frequency of compounding. Early withdrawal penalties apply and may effect earnings. Please consult your tax advisor regarding your eligibility to open an IRA. Rates and offers are subject to change or withdrawal without notice. Other rates and terms are available. Please see us for complete details. Federally insured by NCUA.

First South Financial is headquartered in Bartlett, TN with convenient banking centers in Tennessee and Mississippi.

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