Local Connecticut Deals on Long Term Deposit Rates

Small banks and credit unions serving residents in Connecticut are providing APY’s on long term certificates of deposits (5 year CD rates) that currently crush those offered by nationally available institutions, according to BankVibe.com’s recent survey.

In general, credit unions can provide slightly higher rates on CDs as well as slightly lower loan rates on mortgages, however, it entirely depends on where you live. For example, last week, we noted the top Read more…

13 month CD rate promotion from Start Community Bank

Yesterday we were forwarded a sweet 13 month CD rate promotion coming out of a small community bank in Connecticut. Currently with a minimum balance of just $500 you can lock in a 13 month CD yielding 1.67% APY from Start Community Bank. To put this offer in perspective, the current national average for 12 month CDs sits at just 0.90% APY. Start Community Bank’s CD rates are relatively unimpressive besides Read more…

TD Bank CD Rates and Review

TD Bank offers a unique set of CD (certificate of deposit) products for both consumers and businesses. What sets their deposit product offerings apart from other credit unions and banks is that they offer “Step Up” CD’s which basically come with incrementally increasing interest rates as your deposit gets closer to maturity. Below are the going rates for these CD’s. As a side note their personal CD’s are currently yielding slightly Read more…

Best CD Rates in Greenwich, CT: Top 3

Below are the highest yielding CD (certificate of deposit) rates available to the residents of Greenwich, Connecticut. The institutions we will cover all include the following cities in Connecticut: Bristol, Enfield, Rocky Hill, Fairfield, Milford, East Hartford, Newtown, Wallingford, and Meriden. These come in the form of 6 month CDs, 12 month CDs and 24 month CDs. After sorting through dozens of rate pages by local community banks and credit unions serving the city of Greenwich as well as Connecticut, we found that for the Read more…

Certificate of Deposit Rates in Connecticut

Below are the top 3 institutions offering the highest rates for certificate of deposits in Connecticut. After researching the top savings rates for this state, I have found only a few rates worth mentioning. In fact, most of the better interest rate options for Connecticut residents come from the large national banks rather than local credit unions and thrifts. Connecticut is one of the US’s most wealthy states (as far as annual salary per person goes) which makes it even Read more…