Certificate of Deposit (CD)
Get guaranteed earnings on your own terms. A Thomaston Savings Bank Certificate of Deposit (CD) can make a difference in your savings goals, offering some of the most competitive CD rates in Connecticut. Lock in a guaranteed interest rate for a fixed period and let your money work for you. Plus, your interest earnings are compounded daily, so your money grows faster over time. And because our CDs are FDIC-insured, you can be confident that your money is protected.
Certificate of Deposit (CD) Highlights
Low minimum deposit: To earn the disclosed APY, you can open a variable-rate CD with a low minimum deposit starting at just $25. Our fixed-rate CDs can be opened with a minimum starting deposit of $1,000.
Guaranteed returns: With our CD, you can lock in a guaranteed interest rate for a fixed period of time. You’ll know exactly how much money you'll earn, even if interest rates rise or fall.
FDIC-insuranced: All CDs at Thomaston Savings Bank are FDIC-insured, up to $250,000 per depositor, per FDIC-insured bank, per ownership category.
Flexible terms: Thomaston Savings Bank offers CDs with terms ranging from days to years, so you can choose a term that fits your individual needs and financial goals.
Current Certificate of Deposit (CD) Rates
An Introduction to Certificates of Deposit
Learn about CDs, which typically offer a higher rate of interest than a regular savings account.
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