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FDIC-Insured—Backed by the full faith and credit of the U.S. Government

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FDIC-Insured—Backed by the full faith and credit of the U.S. Government

Home / Business Banking / Savings and CDs

Business Savings and CDs

We want to see your business grow and prosper, and our Business Savings products will help you toward your financial goal. Contact any one of our Bankers to provide you with the right product to meet your needs.

Our Statement Savings Account is available to sole proprietors, businesses and non-profit organizations. Our combined statement feature gives you the added convenience of allowing you to receive all of your checking account transactions and savings account information in one easy to read statement.

Minimum to open account is $100.00.

Interest will be compounded monthly and credited to your account each month. Average collected daily balance required to earn interest is $200.00. Click here for current rate information.

No monthly Maintenance Service Charge if a $200.00 average collected daily balance is maintained.

Our High Yield Business Savings Account is a tiered product with a variable interest rate. This product is available to businesses, non-profit organizations and sole proprietors.

Minimum to open account is $1,000.00.

Interest will be compounded monthly and credited to your account every month. A minimum average collected daily balance of $1,000.00 is required to earn interest. Higher balances may earn higher interest rates and annual percentage yields. Click here for current rate information.

No monthly Maintenance Service Charge if a $1,000.00 average collected daily balance is maintained.

Our Certificates of Deposit offer competitive rates and financial security

Convenient terms ranging from 12 months to 60 months.

12 months to 60 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 the account. Click here for current rate information.

Certificates of Deposit are automatically renewable.

A penalty may be imposed for early withdrawal.

Jumbo Certificates of Deposit ($100,000 or more) are available. Please contact a branch location for additional information.

For current fees on business savings accounts, please contact your local branch manager.

Business Checking and Money Market

Important Notice

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Connecticut Community Bank will observe the following holiday schedule.

Early Closing: Tuesday, December 24th, 2:00pm; Closed: Wednesday, December 25th

Early Closing: Tuesday, December 31st, 4:00pm; Closed: Wednesday, January 1st.
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