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Connecticut Community Bank CD Rates: Top Rate 4.15% APY 20-Month Bump-up CD

Connecticut Community Bank is offering some good CD rates and some not so good. The highest CD rates are on the bank's 20-Month Bump-up CD, with a current rate of 4.15% APY. The second highest CD rate is on the bank's regular CD at 4.00% APY. The lowest CD rate is on the 18-month CD at 0.30% APY, a rather pathetic rate not worth even offering, I shouldn't even mention it. View all of Connecticut Community Bank CD Rates right here.

Connecticut Community Bank Standard CD Rates

12-Month CD

  • Minimum Deposit: $500.00
  • APY: 3.75%
  • APR: 3.68%
  • 15-Month CD

  • Minimum Deposit: $500.00
  • APY: 4.00%
  • APR: 3.92%
  • 18-Month CD

  • Minimum Deposit: $500.00
  • APY: 0.30%
  • APR: 0.29%
  • Bump Up 20-Month CD

  • Minimum Deposit: $500.00
  • APY: 4.15%
  • APR: 4.07%
  • 20-Month Bump-up CD can be increased once during the term.

    24-Month CD

  • Minimum Deposit: $500.00
  • APY: 0.35%
  • APR: 0.34%
  • 36-Month CD

  • Minimum Deposit: $500.00
  • APY: 0.50%
  • APR: 0.49%
  • 60-Month CD

  • Minimum Deposit: $2,500.00
  • APY: 0.60%
  • APR: 0.59%
  • Account Renewal

  • 12- to 36-month CDs renew into a 12-month fixed-rate CD at current rates.
  • Bump Up 20-Month CD renews into a 24-month fixed-rate CD at current rates.
  • Terms and Conditions

  • Terms range from 12 to 60 months.
  • $500 minimum deposit for 12-36 months, $2,500 for 60 months.
  • Interest is compounded monthly.
  • Interest options: Credited monthly, mailed by check, or deposited into another account.
  • Automatic renewal.
  • Early withdrawal penalty applies.
  • Jumbo CDs

  • For deposits of $100,000 or more.
  • Contact branch for rates.
  • Individual Retirement Accounts (IRAs)

  • Terms from 12 to 60 months.
  • $500 minimum deposit for 12-36 months, $2,500 for 60 months.
  • Interest is compounded and credited monthly.
  • Automatic renewal.
  • Early withdrawal penalty applies.
  • Compare Connecticut Community Bank CD rates with all other bank CD rates by using our free search tool: Bank CD Rates.

     
    Author: Brian McKay
    October 10th, 2023

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