Savings, CDs and IRAs

Our Statement Savings Account can provide you with the added convenience of a combined statement option, allowing you to receive all of your checking account transactions and savings account information on one statement.

• Minimum to open account is $100.00
• You can make no more than six preauthorized, automatic, telephone or electronic withdrawals or transfers to another account at the same bank or to a third party during a month. This limitation includes those made by check, draft, debit card, or similar order and payable to third parties. Electronic transfers, withdrawals, or payments to third parties initiated by you from a personal computer (online banking) are also included as a type of transfer subject to the six-transaction limit.
• Interest will be compounded monthly and credited to your account every month. A minimum daily balance of $200.00 is required to earn interest. Click here for current rates.
• No monthly Maintenance Service Charges if
  • A $200.00 average collected daily balance is maintained or
  • The account owner is 55 years or older, or
  • Under 18 years of age

• Monthly Maintenance Service Charge Fee - $2.00 per month

Our High Yield Savings Account provides the convenience of a savings account with the benefit of higher interest rates for higher balances maintained. Click here for current rates.

• Minimum to open account is $1,000.00

• Interest will be compounded monthly and credited to your account. A minimum daily balance of $1,000.00 is required to earn interest.

• You can make no more than six preauthorized, automatic, telephone or electronic withdrawals or transfers to another account at the same bank or to a third party during a month. This limitation includes those made by check, draft, debit card, or similar order and payable to third parties. Electronic transfers, withdrawals, or payments to third parties initiated by you from a personal computer (online banking) are also included as a type of transfer subject to the six-transaction limit.
• No monthly Maintenance Service Charges if
  • A $1,000 average collected daily balance is maintained
• Monthly Maintenance Service Charge Fee - $3.00 per statement cycle

The solution for two of life's most important issues - health and taxes!

HSAs are part of an innovative health care strategy that can reduce insurance costs, create tax deductions, allow tax-free growth on your deposits, and even contribute to your retirement strategy- while allowing you to pay for a broad range of health care needs including dental visits, eye care, alternative medicine, and more!

We have partnered with HealthEquity, Inc., a leading HSA administrator, to provide HSA products, complete with a full suite of the latest health care support and decision tools - all designed to ensure you get the most out of your HSA. To open an HSA you are required by law to have a qualified High-Deductible Insurance Policy.

For more information about HSA’s click here, or speak with your local branch manager.

Our CDs offer:

• Convenient terms ranging from 3 months to 60 months.
• 3 - 36 months: Minimum deposit required to open account is $500.00; 60 months: minimum deposit required to open account is $2,500.00
• Interest will be compounded monthly. For your convenience, interest can be credited to your certificate each month, mailed to you by check or deposited into another Connecticut Community Bank account. Click here for current rates.
• Accounts are automatically renewable.
• A penalty may be imposed for early withdrawal.​

• Jumbo CDs ($100,000 or more) are available. Please contact a branch location for current rate information.
• Convenient terms ranging from 7 days to 365 days.
• Minimum deposit required to open account is $100,000.00.
• Interest is not compounded. Interest will be credited to your account at maturity.
• Accounts do not automatically renew at maturity.
• A penalty may be imposed for early withdrawal.

We offer a variety of products to meet your individual retirement planning. Our retirement account products include Certificates of Deposit and an IRA Savings Account designed for flexible contributions. Our IRA Certificates of Deposit offer:

• Convenient terms from 12 months to 60 months
• 3 - 36 months: Minimum deposit required to open account is $500.00; 60 months: minimum deposit required to open account is $2,500.00
• Interest will be compounded monthly and credited to your account every month. Click here for current rates.
• Accounts are automatically renewable.
• A penalty may be imposed for early withdrawal.