Business Savings Accounts
Business Savings
Our Statement Savings Account is available to sole proprietors, businesses and non-profit organizations. Added convenience with our combined statement feature allowing you to receive all of your checking account transactions and savings account information in one easy to read statement.
This Account Features:
- Access to your account 24 hours a day, 7 days a week through our online and telephone banking services.
- 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. For current rate information, click here.
- No monthly maintenance fee if a $200.00 average collected daily balance is maintained.
- Transaction limitations apply - see disclosures for more information.
Premium Savings Account for Businesses
Connecticut Community Bank's Premium Savings Account is tiered and the interest rate is variable. This account is available to businesses, non-profit organizations and estate entities.
Our Account Features:
- Access to your account 24 hours a day, 7 days a week through our online and telephone banking services.
- Minimum to open account is $5,000.00.
- Interest will be compounded monthly and credited to your account every month. A minimum average collected daily balance of $5,000.00 is required to earn interest. Higher balances may earn higher interest rates and annual percentage yields. For current rate information, click here.
- No monthly service charges if a $5,000.00 average collected daily balance is maintained.
- Transaction limitations apply - see disclosures for more information.
Certificates of Deposit for Businesses
Connecticut Community Bank's Certificates of Deposit offer competitive rates and financial security.
Our Account Features:
- Convenient terms ranging from 3 months to 36 months.
- Minimum deposit required to open account is $500.00.
- Interest will be compounded monthly and credited to your account. For current rate information, click here.
- Accounts 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 current rate information.
