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Milford Bank CD Rates

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Milford Bank of Milford, Connecticut is advertising certificates of deposit, a special 21 month certificate of deposit and a 1 year or longer floating IRA certificate of deposit. Regular CD accounts have terms of 91 days to 60 months. The minimum opening certificate of deposit balance $1,000 for regular CD accounts and the 21 month special CD. The floating IRA has a minimum opening deposit of $25.

Find the highest CD rates from banks and credit unions by searching our CD rate tables at CDRates.MonitorBankRates.com.



The current CD rate on their special promotional CD is 1.49 percent with an APY of 1.50 percent. The current floating IRA CD rate is 0.65 percent with an APY of 0.65 percent.

The bank's 5 year CD rate is one of the best CD rates available. The current 5 year CD rate is 2.72 percent with an APY of 2.75 percent. The national average 5 year CD rate is only 2.29 percent.

Milford Bank CD Rates and APY



  • 91 Day CD 0.50% Rate 0.50% APY

  • 6 Month CD 0.50% Rate 0.50% APY

  • 1 Year CD 1.00% Rate 1.00% APY

  • 18 Month CD 1.34% Rate 1.35% APY

  • 2 Years CD 1.49% Rate 1.50% APY

  • 3 Years CD 1.98% Rate 2.00% APY

  • 4 Years CD 2.23% Rate 2.25% APY

  • 5 Years CD 2.72% Rate 2.75% APY


Information about Milford Bank and a list of current bank CD rates can be found at milfordbank.com or by calling 203-783-5777.
 
Author: Robert Till
May 11th, 2010