The best savings rates for New Milford, Connecticut and the surrounding area include Union Savings Bank (CT)Union Savings Bank (CT)169 Danbury Rd, New Milford, CT 06776A+5.0 ★Texas Ratio: 4.81% Collateral - Statement Savings at 3.25% APY, Community Credit Union of New Milford, CTCommunity Credit Union of New Milford, CT145C Danbury Rd, New Milford, CT 06776A+5.0 ★Texas Ratio: 0.81% IRA Savings at 0.01% APY, Windsor Federal S&LWindsor Federal S&L270 Broad St, Windsor, CT 06095A5.0 ★Texas Ratio: 9.09% Student Savings Account at 5.12% APY, Newtown Savings BankNewtown Savings Bank39 Main St, Newtown, CT 06470A5.0 ★Texas Ratio: 6.92% Great Start Savings - Based on Daily Balance at 5.00% APY, and General Electric Employees Federal Credit UnionGeneral Electric Employees Federal Credit Union1 Lafayette Cir Ste 1, Bridgeport, CT 06604 6021A5.0 ★Texas Ratio: 8.21% Jump Start Savings at 5.00% APY. Savings rates as of March 28, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in New Milford, Connecticut, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in New Milford, Connecticut (CT) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in New Milford, Connecticut and the surrounding area. Last Updated and Verified: March 28, 2026
over current rate account is earning
a fee could reduce your earnings on this account type.
Qualifying balance up to $1,000.00
Qualifying balance up to $1,000.00
Qualifying balance up to $1000.00
Boost Your Rate 1.00% with Round-Up Checking
Intro rate subject to change
Rate is subject to certain terms and conditions. You must deposit at least $5,000 to open your account and maintain $25 to earn the disclosed APY. Rate and APY may change at any time. Fees may reduce earnings.
bump up for PayBackSM or Quarter Back® customers
$0.01 and Up
Qualifying balance up to $1,000.00
Qualifications Required
bump up for PayBackSM or Quarter Back® customers
$25,000.00 and Up
Qualifying balance up to $2,000.00
Rate is variable and subject to change after the account is open. Rate effective 12/18/2025. The minimum to open a Smart Savings account is $100. Smart Savings is free of monthly maintenance charges. Fees may reduce earnings. Excessive transfers or withdrawals may result in fees.
Qualifying balance up to $10,000.00
$10,000.00; Variable
bump up for PayBackSM or Quarter Back® customers
Qualifying balance up to $100,000.00
$25,000.00 and Up
bump up for PayBackSM or Quarter Back® customers
Qualifying balance up to $5,000.00
Compare local New Milford, CT savings rate quotes against the statewide average
Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Connecticut high-yield savings rates rose 1.219 points this week to 1.560% APY, up from 0.341% last week.
Connecticut standard savings rates rose 0.190 points this week to 0.479% APY, up from 0.290% last week.
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for New 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 savings 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 New Milford, Connecticut. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in CT.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.