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Connecticut IRA CD Rates 2016

If you have your savings dollars in a bank with low savings rates, then you are losing real money. With the magic of compounding interest, even an interest rate difference under 1% can really add up over time. See our Savings Booster Calculator to see why you should seek out a higher interest rate. The table below has an unbiased list of the savings and money market account rates of FDIC-insured banks that are near your current location (if they aren’t, then change the zip code above). Take a few minutes to explore these options and see how you can boost your savings by more than 6X the national average rate. You may also want to check credit unions near you or online banks by navigating through the tabs above. There is competition for your money. Take advantage of it!

CT - December 5, 2016

BANKS APY Term MIN MILES ?
Dime Bank 2.00% 72 $500 -
Patriot Bank, National Association 1.69% 18 $100,000 -
Patriot Bank, National Association 1.53% 12 $100,000 -
Start Community Bank 1.50% 30 $500 -
Thomaston Savings Bank 1.30% 30 $100,000 -
Patriot Bank, National Association 1.28% 6 $100,000 -
Thomaston Savings Bank 1.25% 30 $1,000 -
Ion Bank 1.25% 15 $500 -
Darien Rowayton Bank 1.25% 13 $500 -
Savings Institute Bank and Trust Company 1.20% 15 $500 -
Northwest Community Bank 1.16% 24 $1,000 -
Thomaston Savings Bank 1.15% 16 $100,000 -
Thomaston Savings Bank 1.10% 16 $1,000 -
Dime Bank 1.10% 17 $500 -
Start Community Bank 1.00% - $500 -
Savings Institute Bank and Trust Company 0.95% 15 $500 -
Darien Rowayton Bank 0.70% - $500 -
Eastern Savings Bank 0.60% - $500 -
The Torrington Savings Bank 0.55% - $1,000 -
Thomaston Savings Bank 0.55% - $1,000 -
Wells Fargo Bank, National Association 0.50% 58 $2,500 -
Liberty Bank 0.45% - $500 -
Savings Bank of Danbury 0.45% - $500 -
Hometown Bank, A Cooperative Bank 0.45% - $200 -
Jewett City Savings Bank 0.35% - $50 -
Ion Bank 0.35% - $500 -
Westfield Bank 0.30% - $500 -
The First National Bank of Suffield 0.30% - $500 -
Wells Fargo Bank, National Association 0.30% 39 $2,500 -
Stafford Savings Bank 0.30% - $500 -
Dime Bank 0.30% - $500 -
Bankwell Bank 0.30% - $1,000 -
Northwest Community Bank 0.30% - $1,000 -
Litchfield Bancorp 0.25% - $500 -
Putnam Bank 0.25% - $250 -
Farmington Bank 0.25% - $5 -
Salisbury Bank and Trust Company 0.25% - $500 -
Windsor Federal Savings and Loan Association 0.25% - $1,000 -
Savings Institute Bank and Trust Company 0.25% - $500 -
United Bank 0.25% - $500 -
Newtown Savings Bank 0.25% - $500 -
Connecticut Community Bank, National Association 0.25% - $500 -
First County Bank 0.25% - $500 -
TD Bank, National Association 0.25% - $250 -
Union Savings Bank 0.25% - $1 -
Patriot Bank, National Association 0.20% - $500 -
People's United Bank, National Association 0.20% - $500 -
Wells Fargo Bank, National Association 0.20% 26 $2,500 -
Essex Savings Bank 0.20% - $500 -
Wells Fargo Bank, National Association 0.16% 24 $1 -
Capital One, National Association 0.15% - $1,000 -
KeyBank National Association 0.15% - $1,000 -
Chelsea Groton Bank 0.15% - $100 -
Citibank, National Association 0.15% - $250 -
Manufacturers and Traders Trust Company 0.10% - $1,000 -
The Washington Trust Company, of Westerly 0.10% - $500 -
Santander Bank, N.A. 0.10% - $500 -
Webster Bank, National Association 0.10% - $1 -
Wells Fargo Bank, National Association 0.10% 9 $2,500 -
Bank of America, National Association 0.07% 12 $2,000 -
Wells Fargo Bank, National Association 0.05% - $1 -
Bank of America, National Association 0.05% - $1 -
The Guilford Savings Bank 0.05% - $1,000 -
Bank of America, National Association 0.04% 9 $2,000 -
Citizens Bank, National Association 0.03% - $250 -
JPMorgan Chase Bank, National Association 0.01% - $1 -


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  • Gary Ronan

    May 03, 2016

    Your not locked in for 5 years. You can take it out any time but you will lose interest for a specified term. My credit union which holds my Roth IRA will dun me 6 months interest but your not making much anyway.

  • Carolyn Hornyak

    January 18, 2016

    I saw in the Phoenix, Arizona an ad for Sun Cities Financial Group advertising a high yield CD special for 4.40%? Is this legitimate?

    Carolyn

  • JOHN

    January 14, 2016

    MORE USELESS INFO. NO LENGHT OF TERM LISTED. ONLY USEFULL INFO IS NAME OF INSTITUTION SO I CAN PHONE THEM.

  • Chotzey

    December 30, 2015

    To lock in @ 5 years may be risky. When watching MSNBC the other day they were saying rates are to be gradually going up. May be a gamble, but everything is.

  • Ray P

    December 30, 2015

    None of the rates shown can be found at any of the banks. The actual bank rates are almost half of what is shown here.

  • Lori Martin

    January 09, 2015

    Jack:

    ??? Looked up rates at PenFed (we're a member) and they show a 5 yr at 1.76%. The last time it was 3.0 and over (3.04) was in Dec. 2013 (for the 5 & 7 year).

  • Jack Mazer

    January 27, 2014

    Penfed offers a 60 month cd at 3 percent.

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