2.65%+ 1-year IRA CD at Thomaston Savings Bank
Thomaston Savings Bank has a good short-term for investors looking to start or roll-over an IRA: Their 1-year IRA CD is yielding 2.65% APY. This IRA CD has a $1000 minimum. Even better, however: If you have $100,000 to deposit, the rate goes up to 2.75% APY.
Thomaston Savings Bank has eight branches, all in Connecticut: Two in Thomaston, and one each in Harwinton, Middlebury Terryville, Waterbury, and Watertown.
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.
5-month, 4.00% CD at Hudson City
Hudson City Savings Bank has a pretty nice short-term CD: Their 5-month CD is returning 4.00% APY. This CD has a minimum opening deposit of $500. The rate isn’t listed on Hudson City’s website, but you can see an ad for it here (through at least 12/5).
Husdon City Savings Bank has branches in New Jersey, New York and Connecticut, with nine branches in Connecticut: Bethe, Brookfield, Cos Cob, Darien, Fairfield, Monroe, Norwalk, Ridgefield, Stamford, and Westport.
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.
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.