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Top CD Rate in Connecticut

Peoples United Bank is now marketing a 10 month CD with an interest rate of 3.50%. $500.00 is the minimum balance to open the CD and receive the advertised annual percentage yield. Conditions on the CD offer include the requirement of a Peoples’ United Plus checking account with the bank. This short term CD rate is one of the top 10 CD rates in Connecticut. The ad for this offer was found in the Nov. 13th, 2008 edition of The Day from New London, Connecticut. Peoples United Bank can be reached at 800-772-1090. The web address is www.peoples.com. People’s United Bank is the largest regional banking organization headquartered in New England. People’s United group of banks includes: People’s United Bank, Chittenden Bank, Flagship Bank, Maine Bank & Trust, Merrill Bank, Ocean Bank, and The Bank of Western Massachusetts. The bank has over 250 branches and more than 400 ATMs with total assets of $21 billion and total deposits of $15 billion. Certain conditions may apply and the rate may change without notice contact the bank for details.

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