The annual percentage yield assumes interest remains on deposit until maturity. A withdrawal will reduce earnings. Interest begins to accrue on the business day you deposit noncash items (for example, checks). We use the daily balance method to calculate interest on your account. this method applies a daily periodic rate to the principal in your account each day.

Rates as of Wednesday July 17, 2019

Annual Percentage Yield Interest Rate Minimum Opening Deposit Minimum Daily Balance to
Earn Annual Percentage Yield*
12 Month CD
0.25% 0.25% 500 500
15 Month CD
0.25% 0.25% 500 500
18 Month CD
0.80% 0.80% 500 500
19 Month CD**
1.75% 1.74% 1000 1000
24 Month CD
1.50% 1.49% 500 500
25 Month CD**
2.00% 1.98% 1000 1000
30 Month CD
0.45% 0.45% 500 500
36 Month CD
0.55% 0.55% 500 500
48 Month CD
0.60% 0.60% 500 500
60 Month CD
1.50% 1.49% 500 500

* Daily balance (the amount of principal in the account each day).
(Current CD rates also apply to Individual Retirement (IRA) Accounts)

** New money only


The following information applies to all Certificate of Deposit Accounts:

Current Rates:

For rates we are currently offering on Certificate of Deposit Accounts, call 860.567.9401 any business day.

Transaction Limitations and Early Withdrawal Penalty:

After the account is opened you may not make deposits into or withdrawals of principal from the account without our consent, until the maturity date.

Except in the case of your death or a courts declaration of your incompetence, if you withdraw any principal before the maturity date,a penalty will be charged to your account.

Renewal Policy:

Your account will be automatically renewed at maturity.

You have a grace period of ten (10) calendar days after the maturity date to withdraw the funds without being charged a penalty.