New England Bank serves the North and Central Region of Connecticut and is currently promoting some very competitive CD rates in Connecticut.   New England Bank offers a wide range of certificate of deposit products as well a variety of other retail demand deposit accounts and savings accounts through 15 bank branch locations in Connecticut from Bristol to Windsor Locks, CT.
 
New England Bank advertises regular CD rates and bonus rates for CD account holder that also maintain a checking account with the bank.  New England Bank CD terms are available with maturities that range from 3 months to 60 months.  There is a minimum $1,000.00 deposit required to open one of the bank CDs with the exception of the bank CDs with a 31 day term or less in which the minimum deposit is $2,500.00.  Interest on the CT CDs marketed by New England Bank is compounded daily and paid monthly.

The accrued interest earned on the CDs can be posted to the bank CD account which earns compound interest, the CD interest earned can also be sent in a monthly check to the account holder or transferred to another bank account at New England Bank.

New England Bank CD terms and CD rates in CT offered by the bank include the following:

7-31 day CD rate is at 0.65% for those customers that also have a checking account or 0.40% for those who do not.
The 3 month CD rate, 6 month CD rate and 9 month CD rate are also at.65% with a checking account and 0.40% without.
The 1 year bank CD rate is 0.80% with checking and 0.55% without.
At 18 months the CT CD rate jumps to 1.00% with checking and 0.75% without the checking account.
The 2 year CD rate in CT with checking is at 1.25% and 1.00% without.
A 3 year CD has rate of 1.50% with checking and 1.25% without.
The 4 year CD interest rate is 1.65% and 1.40% with and without checking.
A 5 year CD holder will receive a rate of 2.00% with the New England Bank checking and 1.75% without.

The CT CD rates listed are current as of this publication date but may change at any time.  The rates / Annual Percentage Yield (APY) listed assume the interest earned remains on deposit until maturity.  A penalty may be imposed for early withdrawal.

New England Bank offers other interest bearing savings products in CT including Individual Retirement accounts, Health Savings accounts, savings accounts, money market accounts, interest earning checking accounts and Christmas Club accounts.

For additional information on New England Bank accounts and current CD rates in CT, bank customer service representatives can be reached at 866-540-3696.

No user commented in " CT CD Rates at New England Bank "

Follow-up comment rss or Leave a Trackback

Leave A Reply

 Username (*required)

 Email Address (*private)

 Website (*optional)