MonitorBankRates
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Best Money Market Rates in Milford, Connecticut - July 2026

Current Milford, Connecticut and the surrounding area money market deposit account rates include Citizens BankCitizens Bank173 Elm St, Milford, NH 03055A5.0 ★Texas Ratio: 8.28% Citizens Private Client Money Market at 3.50% APY, Patriot Bank N.A.Patriot Bank N.A.771 Boston Post Rd, Milford, CT 06460F2.4 ★Texas Ratio: 45.79% Money Market at 3.00% APY, General Electric Employees Federal Credit UnionGeneral Electric Employees Federal Credit Union265 Sub Way, Milford, CT 06461 3048A5.0 ★Texas Ratio: 7.96% Money Market at 1.25% APY, Nutmeg State Financial Credit UnionNutmeg State Financial Credit Union977 Boston Post Rd, Milford, CT 06460 3531A+5.0 ★Texas Ratio: 5.32% Money Market Account at 0.55% APY, and Milford BankMilford Bank33 Broad St, Milford, CT 06460A+5.0 ★Texas Ratio: 3.51% Sound Money Market Fund at 0.10% APY. Money market rates as of July 12, 2026 according to verified data from MonitorBankRates.

Milford has 5 local institutions in our database, with money market rates as high as 3.50% APY from Citizens Bank at 173 Elm St, Milford, NH 03055. Use the table below to compare all available offers, including options from institutions serving the broader Connecticut area. Rates are continually updated — we recommend checking back frequently.

Rates reflect recent market quotes and representative offers available to depositors in Milford, Connecticut and surrounding area. Last Updated and Verified: July 12, 2026

Compare the Best Money Market Rates Today in Milford, Connecticut & the Surrounding Area

Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
173 Elm St, Milford, NH 03055
Citizens Private Client Money Market
3.50%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Preferred rates; Must have a Citizens Private Client® Checking account; A minimum of $25,000 of new money is required to qualify for preferred rates.

Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
173 Elm St, Milford, NH 03055
Citizens Quest Money Market
3.50%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Preferred rates; Requires a Citizens Quest® Checking account; A minimum of $25,000 of new money is required to qualify for preferred rates.

Patriot Bank N.A.
Institution Rating:
F2.4 ★ Texas Ratio: 45.79%
771 Boston Post Rd, Milford, CT 06460
Money Market
3.00%
$0
Rate2.92%
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Patriot Bank N.A.
Institution Rating:
F2.4 ★ Texas Ratio: 45.79%
771 Boston Post Rd, Milford, CT 06460
Money Market
2.50%
$0
Rate2.44%
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Patriot Bank N.A.
Institution Rating:
F2.4 ★ Texas Ratio: 45.79%
771 Boston Post Rd, Milford, CT 06460
Money Market
2.00%
$0
Rate1.95%
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

General Electric Employees Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.96%
265 Sub Way, Milford, CT 06461 3048
Money Market
1.25%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 6, 2026
Details

Balances equal to or over $100,000

Patriot Bank N.A.
Institution Rating:
F2.4 ★ Texas Ratio: 45.79%
771 Boston Post Rd, Milford, CT 06460
Money Market
1.00%
$0
Rate0.98%
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

General Electric Employees Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.96%
265 Sub Way, Milford, CT 06461 3048
Money Market
1.00%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 6, 2026
Details

Balances $50,000 to $99,999

General Electric Employees Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.96%
265 Sub Way, Milford, CT 06461 3048
Money Market
0.85%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 6, 2026
Details

Balances $25,000 to $49,999

Nutmeg State Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.32%
977 Boston Post Rd, Milford, CT 06460 3531
Money Market Account
0.55%
$0
Rate0.55%
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

General Electric Employees Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.96%
265 Sub Way, Milford, CT 06461 3048
Money Market
0.50%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 6, 2026
Details

Balances $2,500 to $24,999

Nutmeg State Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.32%
977 Boston Post Rd, Milford, CT 06460 3531
Money Market Account
0.45%
$0
Rate0.45%
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Nutmeg State Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.32%
977 Boston Post Rd, Milford, CT 06460 3531
Money Market Account
0.35%
$0
Rate0.35%
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

General Electric Employees Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.96%
265 Sub Way, Milford, CT 06461 3048
Money Market
0.30%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 6, 2026
Details

Balances Below $2,500

Patriot Bank N.A.
Institution Rating:
F2.4 ★ Texas Ratio: 45.79%
771 Boston Post Rd, Milford, CT 06460
Money Market
0.25%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
173 Elm St, Milford, NH 03055
Citizens Private Client Money Market
0.15%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Standard rates; Must have a Citizens Private Client® Checking account.

Milford Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.51%
33 Broad St, Milford, CT 06460
Sound Money Market Fund
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Milford Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.51%
33 Broad St, Milford, CT 06460
Sound Money Market Fund
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
173 Elm St, Milford, NH 03055
Citizens Quest Money Market
0.03%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Standard rates; Requires a Citizens Quest® Checking account.

Milford Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.51%
33 Broad St, Milford, CT 06460
Sound Money Market Fund
0.03%
$0
Rate0.03%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Milford Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.51%
33 Broad St, Milford, CT 06460
Sound Money Market Fund
0.02%
$0
Rate0.02%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
173 Elm St, Milford, NH 03055
Personal Money Market
0.01%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Standard rates; Monthly maintenance fees $0 or $10; Keep a minimum daily balance of at least $2,500 to waive the fee.

CorePlus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.48%
Nonprofit Money Market Tier 3
3.50%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 6, 2026
Details

Bankwell Bank
Institution Rating:
A-5.0 ★ Texas Ratio: 15.53%
High Yield Business Money Market
3.40%
$100
Rate3.34%
Min Deposit$100
Min Balance
UpdatedJul 11, 2026
Details

Rate is variable and subject to change after the account is open. Rate effective 05/12/2026. For balances up to $99,999.99, the APY is 0.35% and interest rate is 0.35%. Fees may reduce earnings. Excessive transfers or withdrawals may result in fees.

Bankwell Bank
Institution Rating:
A-5.0 ★ Texas Ratio: 15.53%
High Yield Personal Money Market
3.40%
$100
Rate3.34%
Min Deposit$100
Min Balance
UpdatedJul 11, 2026
Details

Rate is variable and subject to change after the account is open. Rate effective 05/12/2026. For balances up to $99,999.99, the APY is 3.00% and interest rate is 2.96%. Fees may reduce earnings. Excessive transfers or withdrawals may result in fees.

Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
Money Market Accounts
3.29%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 8, 2026
Details

Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
Money Market
3.29%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 8, 2026
Details

As Low As

Liberty Bank Middletown, CT
Institution Rating:
A+5.0 ★ Texas Ratio: 5.26%
Business Money Market Special
3.20%
$0
Rate3.15%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Liberty Bank Middletown, CT
Institution Rating:
A+5.0 ★ Texas Ratio: 5.26%
Business Money Market Special
3.05%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Connecticut Community Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.77%
Money Market
3.05%
$2,500
Rate3.01%
Min Deposit$2,500
Min Balance
UpdatedJul 11, 2026
Details

CorePlus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.48%
Nonprofit Money Market Tier 2
3.00%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 6, 2026
Details

Bankwell Bank
Institution Rating:
A-5.0 ★ Texas Ratio: 15.53%
High Yield Personal Money Market
3.00%
$100
Rate2.96%
Min Deposit$100
Min Balance
UpdatedJul 11, 2026
Details

Rate is variable and subject to change after the account is open. Rate effective 05/12/2026. For balances of $100,000.00 and above, the APY is 3.40% and interest rate is 3.34%. Fees may reduce earnings. Excessive transfers or withdrawals may result in fees.

Bankwell Bank
Institution Rating:
A-5.0 ★ Texas Ratio: 15.53%
Smart Money Market
3.00%
$100
Rate2.96%
Min Deposit$100
Min Balance
UpdatedJul 11, 2026
Details

Rate is variable and subject to change after the account is open. Rate effective 12/18/2025. Fees may reduce earnings. Excessive transfers or withdrawals may result in fees.

Liberty Bank Middletown, CT
Institution Rating:
A+5.0 ★ Texas Ratio: 5.26%
Money Market Special
3.00%
$0
Rate2.96%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Liberty Bank Middletown, CT
Institution Rating:
A+5.0 ★ Texas Ratio: 5.26%
Business Money Market Special
2.80%
$0
Rate2.76%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Liberty Bank Middletown, CT
Institution Rating:
A+5.0 ★ Texas Ratio: 5.26%
Money Market Special
2.75%
$0
Rate2.71%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Connecticut Community Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.77%
Money Market
2.60%
$2,500
Rate2.57%
Min Deposit$2,500
Min Balance
UpdatedJul 11, 2026
Details

Liberty Bank Middletown, CT
Institution Rating:
A+5.0 ★ Texas Ratio: 5.26%
Business Money Market Special
2.55%
$0
Rate2.52%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Windsor Federal S&L
Institution Rating:
A5.0 ★ Texas Ratio: 9.09%
Personal and Business Relationship Money Market Account
2.53%
$100
Rate2.50%
Min Deposit$100
Min Balance
UpdatedJul 12, 2026
Details

Minimum to Earn APY: $1,000,000 - $999,999,999.99

Charter Oak Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.08%
Accumulator Money Market
2.50%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 6, 2026
Details

DR Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.38%
Prime Money Market
2.50%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Balance of $100,000 or more

SUMA Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.57%
Money Market & Up
2.43%
$250,000
Rate2.40%
Min Deposit$250,000
Min Balance
UpdatedJul 6, 2026
Details

$250,000

Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
Money Market Accounts
2.27%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 8, 2026
Details

Mutual Security Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.07%
Money Market Account Special
2.25%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Limited Time Offer

Mutual Security Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.07%
Money Market Special
2.25%
$2,500
Rate2.23%
Min Deposit$2,500
Min Balance
UpdatedJul 11, 2026
Details

Liberty Bank Middletown, CT
Institution Rating:
A+5.0 ★ Texas Ratio: 5.26%
Money Market Special
2.25%
$0
Rate2.23%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

SUMA Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.57%
Money Market
2.18%
$100,000
Rate2.15%
Min Deposit$100,000
Min Balance
UpdatedJul 6, 2026
Details

$100,000 - $249,999

Police Federal Credit Union Of Connecticut
Institution Rating:
A5.0 ★ Texas Ratio: 7.41%
Money Market >
2.17%
$0
Rate2.15%
Min Deposit$0
Min Balance
UpdatedJul 8, 2026
Details

$50,000

Mutual Security Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.07%
Business Partnership Money Market
2.05%
$0
Rate2.03%
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Windsor Federal S&L
Institution Rating:
A5.0 ★ Texas Ratio: 9.09%
Personal and Business Relationship Money Market Account
2.02%
$100
Rate2.00%
Min Deposit$100
Min Balance
UpdatedJul 12, 2026
Details

Minimum to Earn APY: $25,000.00 - $999,999.99

Northwest Community Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.08%
TOTAL BUSINESS MONEY MARKET and OVER
2.02%
$2,500
Rate2.00%
Min Deposit$2,500
Min Balance
UpdatedJul 11, 2026
Details

$250,000.00

Northwest Community Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.08%
TOTAL MONEY MARKET
2.02%
$1,000
Rate2.00%
Min Deposit$1,000
Min Balance
UpdatedJul 11, 2026
Details

Northwest Hills Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.18%
Money Market
2.02%
$0
Rate2.00%
Min Deposit$0
Min Balance
UpdatedJun 26, 2026
Details

Torrington Municipal & Teachers Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.24%
Advanced Money Market
2.02%
$75,000
Rate
Min Deposit$75,000
Min Balance
UpdatedJul 6, 2026
Details

Tobacco Valley Teachers Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.33%
Money Market Savings
2.00%
$0
Rate2.00%
Min Deposit$0
Min Balance
UpdatedJul 6, 2026
Details

Liberty Bank Middletown, CT
Institution Rating:
A+5.0 ★ Texas Ratio: 5.26%
Money Market Special
2.00%
$0
Rate1.98%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Torrington Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.88%
Signature Money Market
2.00%
$0
Rate1.98%
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Minimum Balance to Earn Posted APY: $250,000.00

Torrington Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.88%
IRA Signature Money Market
2.00%
$0
Rate1.98%
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Minimum Balance to Earn Posted APY: $250,000.00

Connecticut Community Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.77%
Money Market
2.00%
$2,500
Rate1.98%
Min Deposit$2,500
Min Balance
UpdatedJul 11, 2026
Details

MEMBERSFIRST CT
Institution Rating:
A+5.0 ★ Texas Ratio: 0.78%
Money Market
2.00%
$0
Rate2.00%
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Balance range: $75,000.00 and greater

Franklin Trust Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.06%
Gold Star Money Market
1.97%
$0
Rate1.95%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Finex Credit Union
Institution Rating:
B+4.7 ★ Texas Ratio: 15.72%
Money Market Account
1.92%
$2,500
Rate1.90%
Min Deposit$2,500
Min Balance
UpdatedJul 11, 2026
Details

Premier Membership. Rates are subject to change.

Police Federal Credit Union Of Connecticut
Institution Rating:
A5.0 ★ Texas Ratio: 7.41%
Money Market
1.92%
$0
Rate1.90%
Min Deposit$0
Min Balance
UpdatedJul 8, 2026
Details

$20001 - $50000

Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
Money Market Accounts
1.76%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 8, 2026
Details

Newtown Savings Bank
Institution Rating:
A5.0 ★ Texas Ratio: 6.92%
Tiered MMA
1.75%
$0
Rate1.74%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Based on Daily Balance

Franklin Trust Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.06%
Gold Star Money Market
1.71%
$0
Rate1.70%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

SUMA Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.57%
Money Market
1.67%
$2,500
Rate1.65%
Min Deposit$2,500
Min Balance
UpdatedJul 6, 2026
Details

Up to $99,999

Police Federal Credit Union Of Connecticut
Institution Rating:
A5.0 ★ Texas Ratio: 7.41%
Money Market to
1.66%
$0
Rate1.65%
Min Deposit$0
Min Balance
UpdatedJul 8, 2026
Details

$20,000

Northwest Hills Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.18%
Money Market
1.51%
$0
Rate1.50%
Min Deposit$0
Min Balance
UpdatedJun 26, 2026
Details

MEMBERSFIRST CT
Institution Rating:
A+5.0 ★ Texas Ratio: 0.78%
Money Market
1.50%
$0
Rate1.50%
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Balance range: $25,000.00 to $74,999.99

Tobacco Valley Teachers Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.33%
Money Market Savings
1.50%
$0
Rate1.50%
Min Deposit$0
Min Balance
UpdatedJul 6, 2026
Details

Charter Oak Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.08%
Accumulator Money Market
1.50%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 6, 2026
Details

American Broadcast Employees Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.88%
Money Market
1.50%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 6, 2026
Details

Franklin Trust Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.06%
Gold Star Money Market
1.46%
$0
Rate1.45%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
Money Market Accounts
1.26%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 8, 2026
Details

Torrington Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.88%
IRA Signature Money Market
1.25%
$0
Rate1.24%
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Minimum Balance to Earn Posted APY: $150,000.00

Torrington Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.88%
Signature Money Market
1.25%
$0
Rate1.24%
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Minimum Balance to Earn Posted APY: $150,000.00

Newtown Savings Bank
Institution Rating:
A5.0 ★ Texas Ratio: 6.92%
Tiered MMA
1.25%
$0
Rate1.24%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Based on Daily Balance

Ion Bank
Institution Rating:
A5.0 ★ Texas Ratio: 10.95%
Money Market Account Tier IV
1.15%
$0
Rate1.14%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

DR Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.38%
Prime Money Market
1.05%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Balance of less than $100,000

American Broadcast Employees Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.88%
Money Market
1.05%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 6, 2026
Details

Enfield Community Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.67%
Money Market Account
1.00%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedJul 6, 2026
Details

Finex Credit Union
Institution Rating:
B+4.7 ★ Texas Ratio: 15.72%
Money Market Account
1.00%
$2,500
Rate1.00%
Min Deposit$2,500
Min Balance
UpdatedJul 11, 2026
Details

Premier Membership. Rates are subject to change.

Northwest Hills Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.18%
Money Market
1.00%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedJun 26, 2026
Details

Torrington Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.88%
Signature Money Market
1.00%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Minimum Balance to Earn Posted APY: $75,000.00

Newtown Savings Bank
Institution Rating:
A5.0 ★ Texas Ratio: 6.92%
Tiered MMA
1.00%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Based on Daily Balance

Waterbury Connecticut Teachers Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.90%
Money Market
1.00%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Tobacco Valley Teachers Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.33%
Money Market Savings
1.00%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedJul 6, 2026
Details

Northwest Community Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.08%
TOTAL BUSINESS MONEY MARKET to $249,999.99
1.00%
$2,500
Rate1.00%
Min Deposit$2,500
Min Balance
UpdatedJul 11, 2026
Details

$5,000.00

Torrington Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.88%
IRA Signature Money Market
1.00%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Minimum Balance to Earn Posted APY: $75,000.00

Northwest Community Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.08%
TOTAL MONEY MARKET
1.00%
$1,000
Rate1.00%
Min Deposit$1,000
Min Balance
UpdatedJul 11, 2026
Details

Paramount Bank
Institution Rating:
A5.0 ★ Texas Ratio: 10.91%
Business Money Market
1.00%
$100
Rate1.00%
Min Deposit$100
Min Balance
UpdatedJul 12, 2026
Details

American Broadcast Employees Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.88%
Money Market
0.90%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 6, 2026
Details

Waterbury Connecticut Teachers Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.90%
Money Market
0.85%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Waterbury Connecticut Teachers Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.90%
Money Market
0.75%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
Money Market Accounts
0.75%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 8, 2026
Details

Waterbury Connecticut Teachers Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.90%
Money Market
0.65%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

American Broadcast Employees Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.88%
Money Market
0.60%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 6, 2026
Details

Albright Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 10.36%
Money Market
0.55%
$0
Rate0.55%
Min Deposit$0
Min Balance
UpdatedJul 11, 2026
Details

Waterbury Connecticut Teachers Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.90%
Money Market
0.50%
$0
Rate
Min Deposit$0
Min Balance
UpdatedJul 12, 2026
Details

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. Rates reflect recent market quotes and representative offers available to depositors in Milford, Connecticut and the surrounding area.

Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.

Milford, CT Money Market Rate Trends

Compare local Milford, CT money market quotes against the statewide average

Daily money market rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full Connecticut MMA Trends →
High-Yield MMA — CT Avg
3.038%
▼ 0.032 vs 7 days ago

Connecticut high-yield MMA rates fell 0.032 points over the past 7 days to 3.038% APY.

Standard MMA — CT Avg
0.644%
▼ 0.120 vs 7 days ago

Connecticut standard MMA rates fell 0.120 points over the past 7 days to 0.644% APY.

As of Jul 14, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Methodology & Data Sources

Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Milford, Connecticut money market rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.

A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.

Direct-Sourced & Verified Money Market Rate Data: We aggregate money market deposit account rates for Milford, Connecticut directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every money market rate displayed on MonitorBankRates.com is highly accurate and trustworthy.

Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Milford, Connecticut. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in CT.

Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update money market rates daily. Because MMA yields can fluctuate rapidly based on market conditions, every product listed features its own specific “last updated” date, giving you complete transparency.

Frequently Asked Questions about Money Market Accounts in Milford, Connecticut

What is a Money Market Account (MMA)?

A Money Market Account (MMA), formally known as a money market deposit account (MMDA), is a type of deposit account that often pays higher interest rates than standard savings accounts. They usually come with check-writing privileges and debit card access, offering a balance of growth and liquidity for savers in Connecticut.

Are Money Market accounts in Milford, Connecticut safe?

Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in Connecticut up to $250,000 per depositor, per institution.

How often do MMA rates change in Milford, Connecticut?

Money market rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Connecticut rate tables daily to ensure you see the most current high-yield options.

Can I write checks from a Money Market Account?

Yes, most Money Market Accounts allow you to write a limited number of checks or make debit card transactions each month (typically up to 6), making them more flexible than a standard savings account.

How much do I need to deposit to open a money market account in Milford, Connecticut?

Minimum deposit requirements vary widely. Some online money market deposit accounts can be opened with no minimum, while many banks and credit unions in Milford, Connecticut require an initial deposit of $1,000 to $2,500 to earn the highest advertised APY. Larger deposits often unlock higher rate tiers, and FDIC or NCUA insurance protects deposits up to $250,000 per depositor, per institution.

Best Money Market Rates in Milford, Connecticut

Here are some of the highest money market account APYs currently available in Milford, Connecticut and the surrounding area:
  • Citizens Bank
    Citizens Private Client Money Market — 3.50% APY
  • Patriot Bank N.A.
    Money Market — 3.00% APY
  • General Electric Employees Federal Credit Union
    Money Market — 1.25% APY
  • Nutmeg State Financial Credit Union
    Money Market Account — 0.55% APY
  • Milford Bank
    Sound Money Market Fund — 0.10% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Milford, Connecticut. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: July 12, 2026