CERTIFICATE OF DEPOSIT (CD) RATES

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.

* Fees could reduce earnings. 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. For rates we are currently offering on Deposit Accounts, call 860-379-7561 any business day

Rates as of  May  16, 2018

Accounts Interest
Rate
Annual Percentage
Yield
Minimum
Deposit to Open*
Time Deposits
60 Month Certificate 0.80% 0.80% $1,000.00
48 to 59 Month Certificate 0.70% 0.70% $1,000.00
36 to 47 Month Certificate 0.45% 0.45% $1,000.00
24 to 35 Month Certificate 0.40% 0.40% $1,000.00
12 to 23 Month Certificate 0.30% 0.30% $1,000.00
182 to 364 Day Certificate 0.25% 0.25% $2,500.00
150 to 181 Day Certificate 0.20% 0.20% $2,500.00
91 to 149 Day Certificate 0.20% 0.20% $2,500.00
60 to 90 Day Certificate 0.20% 0.20% $2,500.00
30 to 59 Day Certificate 0.15% 0.15% $2,500.00

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