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[Please note: This page is part of the CD Rates CT archive. Most of these deals on this page are not current and no longer available. Please check the date of the post before getting too excited and driving to a bank an hour away. If you have any doubts whether the deal is available, contact the bank or credit union. For a list of more current rates, visit our homepage.]
CDs up to 3.77% at Torrington Savings Bank
Torrington Savings Bank is offering some decent rates on long-term CDs. Their 4-year CD is yielding 3.67% APY, and their 5-year CD is yielding 3.77% APY. Both CDs have a minimum of $1000, and both CDs are available as IRA CDs. They’re also offering a 1-year CD that’s returning 3.00% APY.
Torrington Savings Bank has six locations, all in Connecticut: Three in Torrington and one each in Burlington, and Falls Village, and Goshen.
9-month, 4.04% CD at First New England FCU
First New England Federal Credit Union has a competitive 9-month CD they’re offering: This short-term CD is yielding 4.04% APY. To get this rate, you must have an “Advantage” account with First New England FCU; otherwise, the rate drops 0.25%. This CD has a minimum of $10,000. First New England FCU is also offering an 18-month CD at 3.78% APY with the same “Advantage” and minimum deposit requirements.
First New England Federal Credit Union is open to residents of Vernon, as well as a number of employer and association groups. In addition, anyone can join the credit union by paying $12 ($7 for those age 60 and older) and joining the Friends of the Lucy Robbins Welles Library.
First New England FCU has three branches, all in Connecticut: East Hartford, Newington, and Vernon.
Super-long-term CDs up to 4.25% at Capital One Bank
If you’re looking to lock away your money for a very long time, Capital One Bank has a couple extra-long-term CDs available. Capital One’s 7-year CD is yielding 4.00% APY, and their 10-year CD is yielding 4.25% APY. These CDs have a minimum of $5000.
Capital One Bank has over 700 branches, although seemingly only one in Connecticut: 45 S. Main St. in Branford.