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

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Business Rates

Rates Effective July 8, 2025

Interest rates are subject to change without notice.
Fees may reduce earnings.

Business Checking Accounts

TYPE OF ACCOUNTMINIMUM OPENING DEPOSIT REQUIREDMINIMUM BALANCE TO OBTAIN ANNUAL PERCENTAGE YIELDANNUAL PERCENTAGE YIELDINTEREST RATE
Easy Business Checking$100.00N/AN/AN/A
Business Checking$100.00N/AN/AN/A
Business NOW Checking$100.00$1,5000.05%0.04%
Business NOW Tier 1$25,000.00$25,000.00 - $49,999.990.05%0.04%
Business NOW Tier 2$25,000.00$50,000.00 - $149,999.990.10%0.09%
Business NOW Tier 3$25,000.00$150,000.00 and over0.15%0.14%

Business Money Market Accounts

TYPE OF ACCOUNTMINIMUM OPENING DEPOSIT REQUIREDMINIMUM BALANCE TO OBTAIN ANNUAL PERCENTAGE YIELDANNUAL PERCENTAGE YIELDINTEREST RATE
Money Market Tier 1$2,500.00$2,500.00 - $24,999.990.05%0.04%
Money Market Tier 2$2,500.00$25,000.00 - $49,999.990.10%0.09%
Money Market Tier 3$2,500.00$50,000.00 - $249,999.990.15%0.14%
Money Market Tier 4$2,500.00$250,000.00 and over0.50%0.49%

Direct Investment Money Market Account*

TYPE OF ACCOUNTMINIMUM OPENING DEPOSIT REQUIREDMINIMUM BALANCE TO OBTAIN ANNUAL PERCENTAGE YIELDANNUAL PERCENTAGE YIELDINTEREST RATE
DIMMA Tier 1$50,000.00$0.00-$49,999.990.10%0.09%
DIMMA Tier 2$50,000.00$50,000.00 - $249,999.990.15%0.14%
DIMMA Tier 3$50,000.00$250,000.00 - $499,999.990.50%0.49%
DIMMA Tier 4$50,000.00$500,000.00 and over1.00%0.99%

*Must be opened with Direct Investment Checking Account

Certificate of Deposit Accounts for Businesses

Penalties will or may be imposed for early withdrawals

TYPE OF ACCOUNTMINIMUM OPENING DEPOSIT REQUIREDMINIMUM BALANCE TO OBTAIN ANNUAL PERCENTAGE YIELDANNUAL PERCENTAGE YIELDINTEREST RATE
12 Month$500.00$500.003.50%3.44%
15 Month*$500.00$500.003.00%2.95%
18 Month$500.00$500.000.30%0.29%
Bump Up 20 Month CD**$500.00$500.002.50%2.47%
24 Month$500.00$500.000.35%0.34%
36 Month$500.00$500.000.50%0.49%
60 Month$500.00$500.000.60%0.59%

*This account will automatically renew at maturity into a fixed rate twelve (12) month certificate of deposit at the current interest rate in effect on the maturity date.
**Interest rate can be increased once during the initial term of the account to the interest rate then in effect on the Bump Up 20 Month CD.  This account will automatically renew at maturity into a fixed rate twenty four (24) month certificate of deposit at the current interest rate in effect on the maturity date.

Business Savings Accounts

TYPE OF ACCOUNTMINIMUM OPENING DEPOSIT REQUIREDMINIMUM BALANCE TO OBTAIN ANNUAL PERCENTAGE YIELDANNUAL PERCENTAGE YIELDINTEREST RATE
Business Statement Savings$100.00$200.000.05%0.04%
High Yield Business Savings Tier 1$1,000.00$1,000.00-$49,999.990.10%0.09%
High Yield Business Savings Tier 2$1,000.00$50,000.00 and over0.50%0.49%

Interest rates are subject to change without notice.

 

NOW Accounts, Money Market Accounts and Savings Accounts are “variable rate” accounts and the rate may change after account opening.

Business Checking and Money Market

Important Notice

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Connecticut Community Bank will never directly contact customers and ask you to validate banking information, account numbers, passwords or passcodes. Any inquiries that request such information should not be responded to and reported to your local branch manager or relationship manager as soon as possible. Thank you for your help in stopping potential fraud.
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