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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.]
18-month, 4.00% CD at Connecticut Community Bank
Connecticut Community Bank has a competitive CD available for 18 months: 4.00% APY. This CD has a minimum deposit of $500. The CD is also available as an IRA CD with the same minimum.
Connecticut Community Bank has 9 branches under 5 different names. Four branches are called Greenwich Bank & Trust (three in Greenwich and one in Riverside), two branches are called Westport National Bank (one each in Westport and Fairfield) and one branch each are called Darien Bank & Trust, Norwalk Bank & Trust, and Stamford Bank & Trust, each located in their eponymous town.
CDs up to 5.25% at Capital One Bank
Capital One Bank has a number of high CDs available right now:
- 14-month CD: 4.00% APY
- 24-month CD: 4.50% APY
- 60-month CD: 5.25% APY
All three of these CDs have a minimum of $500 and maximum of $1,000,000. This is only available at Capital One branches in New York, New Jersey, and Connecticut. These rates don’t seem to be listed at Capital One’s website, but you can see an ad for them here.
Capital One Bank has over 700 branches, although seemingly only one in Connecticut: 45 S. Main St. in Branford.
Short-term CDs up to 4.25% at Sovereign Bank
Sovereign Bank has two competitive short-term CDs available. The first is a 9-month CD yielding 4.00% APY, and the other is a 1-year CD yielding 4.25% APY. Both CDs have a minimum deposit of $500 and a maximum of less than $500,000. Soverign Bank also has a high savings rate available: Their Money Market Savings Account is yielding 3.75% APY for amounts $75,000 or greater and yielding 3.00% APY starting at $25,000.
Sovereign Bank has 750 branches throughout the Northeast, including over 30 branches in Connecticut.
5-year, 5.00% CD at Valley Bank
Valley Bank has a couple competitive CD rates, one long-term and one short-term. The long-term CD is a 5-year CD that yields 5.00% APY. The minimum deposit on this CD is $10,000. The short-term CD is an 11-month CD that yields 3.75% APY, and this CD has a minimum of $5000. Both CDs require new money, and more importantly, both CDs require Valley Bank’s VIP Checking Account to receive the listed rate. These rates don’t seem to be listed on Valley Bank’s website, but you can see an ad for the CDs here.
Valley Bank has four branches, all in Connecticut: Two in Bristol, and one each in Southington and Terryville.