Connecticut CD Rates – 18-Month 2021

Below are eighteen-month Certificates of Deposit (CD) rates from banks in Connecticut . Eighteen Month CDs offer a bit more yield than 1-year CDs but require a longer time-commitment. Like any CD, you should consider the trade-off between the difference in yield and the required time commitment. If an 18 month CD pays significantly above the yield of a 12-month CD, it may be worth opening.

CT - August 1, 2021

18 Month CD National Average : 0.45% ^?

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Banks	APY	MIN	MILES ^?
Savings Bank Of Danbury	1.06%	$10,000	-	Learn More Reviews
First County Bank	1.00%	$10,000	-	Learn More Reviews
Thomaston Savings Bank	0.80%	$100,000	-	Learn More Reviews
Thomaston Savings Bank	0.75%	$10,000	-	Learn More Reviews
The First Bank Of Greenwich	0.60%	$10,000	-	Learn More Reviews
Centreville Bank	0.55%	$10,000	-	Learn More Reviews
Capital One, National Association	0.50%	$10,000	-	Learn More Reviews (12)
Newtown Savings Bank	0.50%	$10,000	-	Learn More Reviews
Stafford Savings Bank	0.50%	$10,000	-	Learn More Reviews
Berkshire Bank	0.50%	$10,000	-	Learn More Reviews (2)
The Torrington Savings Bank	0.50%	$10,000	-	Learn More Reviews
New Haven Bank	0.50%	$10,000	-	Learn More Reviews
First Republic Bank	0.45%	$10,000	-	Learn More Reviews (2)
Eastern Connecticut Savings Bank	0.45%	$10,000	-	Learn More Reviews
Fairfield County Bank	0.40%	$100,000	-	Learn More Reviews
Jewett City Savings Bank	0.40%	$10,000	-	Learn More Reviews (1)
Ion Bank	0.40%	$10,000	-	Learn More Reviews
Union Savings Bank	0.35%	$10,000	-	Learn More Reviews
Peoplesbank	0.35%	$10,000	-	Learn More Reviews
Salisbury Bank And Trust Company	0.30%	$10,000	-	Learn More Reviews
Fairfield County Bank	0.30%	$10,000	-	Learn More Reviews
Hometown Bank	0.30%	$10,000	-	Learn More Reviews
Windsor Federal Savings And Loan Association	0.30%	$10,000	-	Learn More Reviews
Connecticut Community Bank, National Association	0.30%	$500	-	Learn More Reviews
Northwest Community Bank	0.25%	$10,000	-	Learn More Reviews
The Washington Trust Company, Of Westerly	0.25%	$10,000	-	Learn More Reviews (2)
Dime Bank	0.25%	$10,000	-	Learn More Reviews
Essex Savings Bank	0.25%	$10,000	-	Learn More Reviews
Chelsea Groton Bank	0.25%	$10,000	-	Learn More Reviews
Webster Bank, National Association	0.20%	$10,000	-	Learn More Reviews
The Milford Bank	0.20%	$10,000	-	Learn More Reviews
Citibank, National Association	0.20%	$10,000	-	Learn More Reviews (12)
Santander Bank, N.a.	0.20%	$10,000	-	Learn More Reviews (4)
The Northern Trust Company	0.15%	$10,000	-	Learn More Reviews
The National Iron Bank	0.15%	$10,000	-	Learn More Reviews
Td Bank, National Association	0.15%	$10,000	-	Learn More Reviews (1)
People's United Bank, National Association	0.10%	$500	-	Learn More Reviews (1)
Citizens Bank, National Association	0.10%	$10,000	-	Learn More Reviews (1)
Manufacturers And Traders Trust Company	0.10%	$10,000	-	Learn More Reviews (3)
Bank Of America, National Association	0.07%	$10,000	-	Learn More Reviews (9)
Wells Fargo Bank, National Association	0.05%	$10,000	-	Learn More Reviews (4)
The Guilford Savings Bank	0.05%	$10,000	-	Learn More Reviews
Keybank National Association	0.05%	$10,000	-	Learn More Reviews (1)
Jpmorgan Chase Bank, National Association	0.01%	$10,000	-	Learn More Reviews (12)

All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

See rates for Online Banks →

See rates for Credit Unions →

BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

PRODUCT INFORMATION

18 Month CDs - Branch Banks 2021

Banks offer a range of Certificates of Deposit (CD) with 18 month CDs being a popular term. An eighteen month CD obligates the holder to keep their money in the bank for eighteen months in return for a fixed rate of interest during that time period. All eighteen month bank CDs shown on BestCashCow are FDIC insured.

Eighteen month CDs can be opened in almost any bank branch as the are a mainstay of bank deposit products.

The advantages of an eighteen month CD are:

A slightly higher rate than 12 month CDs in return for leaving the money in the bank longer.
A fixed rate during the 18 month period.
FDIC insurance.
Convenience of opening and managing the CD at a local branch.

The disadvantages of an eighteen month branch CDs are:

Rates are generally lower than on the top online savings and CD accounts.
Money is tied up for 18 months. Removing it early results in significant penalties.
Opening in a branch requires a personal visit.

All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.