Best CD Rates in Connecticut
Many of our readers here at Best CD Rates Today are from the great state of Connecticut. So we thought we should look at what the best CD rates in Connecticut are and show them to you. We’ll look at common terms and give you the top 2 or 3 rates for the best CD rates in CT for that term.
1 Year Term
For this most popular of terms, the top annual percentage yield right now is at People’s United Bank with a 1.65% APY and a $1,000 minimum deposit. Webster Bank is next in line at 1.25% APY and $1,000 minimum while TD Bank has 1.00% APY and a low $250 minimum deposit requirement.
3 Year Term
For this term, the bets CD rates in CT are at Third Federal Savings and Loan with a 2.75% APY and a low $500 minimum deposit. TD Bank is next at 2.25% APY with a $250 deposit and People’s United comes in at 2.00% APY with a $1,000 deposit requirement.
5 Year Term
The best CD rates in Connecticut for the five year term are again at Third Federal Savings and Loan with a 3.5% APY and that $500 minimum deposit. TD Bank is second again with 3.00% APY and $250 minimum while People’s United is again third at 2.85% APY and $1,000 minimum deposit required.
6 Month Term
For those who’d prefer a shorter-term, the best CD rates in CT are at People’s United with a 1.10% APY for this term ($1,000 minimum). Webster Bank has a 1.00% APY at the same minimum.
All of the banks referenced here are FDIC insured. These best CD rates will change quickly and often, so if any of these appeal to you, lock yours in now.
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