CD rates up to 3.00% at Capital One Bank
Capital One Bank has a few competitive rates available: Their 2-year CD is yielding 2.25%, their 3-year and 4-year CDs are yielding 2.50% APY, and their 5-year CD is yielding 3.00% APY. These CDs have a minimum of $5000.
Capital One Bank has over 700 branches, although only one in Connecticut: 45 S. Main St. in Branford.
CDs up to 3.40% at New Alliance Bank
New Alliance Bank has a few competitive CDs available:
- 20-month CD: 2.40% APY
- 36-month CD: 3.40% APY
- 48-month CD: 3.40% APY
These CDs all have a minimum deposit of $1000 to open.
New Alliance Bank has over 50 locations throughout Connecticut; you can find one near you here.
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.
CDs up to 4.50% at Connex Credit Union
Connex Credit Union has a number of very competitive CD rates:
- 6-month CD: 4.00% APY
- 16-month CD: 4.25% APY
- 26-month CD: 4.50% APY
These rates require that you have Connex CU’s Your Choice Checking Account; if you don’t have an account (or open one), the rates will be 0.25% lower. Your Choice Checking does require direct deposit or a $5/month fee will be charged. These CDs have a minimum deposit of $500 and a maximum deposit of $500,000.
Membership in Connex Credit Union is open to anyone who lives, works, worships or attends school in Hartford County, Middlesex County, or New Haven County. Connex CU has eight locations: three in New Haven, and one each in East Hartford, Guilford, Hamden, Orange, and Wallingford.