If you are currently looking to start a new banking experience this season, then look no further! Savings Institute Bank & Trust is offering Connecticut and Rhode Island residents a chance to take advantage of a host of account rates and lengths to fit all your banking needs. With a new CD account, you will most definitely find an account to cater to your savings goals, whether it be short term or long term. Right now, the bank is offering an attractive 2.75% APY 27-Month CD Special CD rate when you sign up and provide a $500 minimum opening deposit into your new account. In addition, you will gain access to all the great features and service the bank has to offer. If you are interested, I suggest you apply as soon as you can!
Savings Institute Bank & Trust CD Summary
- Apply Now
- Account Type: CD account
- Current Promotion: 2.75% APY 27-Month CD Special
- APY Rates:
- 0.15% APY for 3-Month CD
- 0.20% APY for 6-Month CD
- 0.25% APY for 12-Month CD
- 0.30% APY for 18-Month CD
- 0.45% APY for 24-Month CD
- 0.75% APY for 36-Month CD
- 1.10% APY for 48-Month CD
- 1.15% APY for 60-Month CD
- 1.21% APY for 72-Month CD
- Availability: CT, RI (Bank Locator)
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know
- Minimum Balance Requirement: $500
- Additional Requirements: None
- Early Withdrawal Fee: Substantial penalties imposed
- Auto-Renewal: None listed, check with CSR
Savings Institute Bank & Trust Best CD Rates
Simply put, Savings Institute Bank & Trust has consistently been ranked nicely across the board from our Best 2-Year CD Rates in the local section. If you are looking into a generous APY rate, then the wide range of lengths and CD rates are definitely worth checking out. However, if you’re interested in making a higher rate than a traditional savings account, make sure to take advantage of this limited time special offer. Note that rates are always changing, which is why if you’re interested in getting a CD with them, you might want to hop on it as soon as possible.
Savings Institute Bank & Trust CD Account Features
- Open and earn with just $500
- Online and Mobile banking
- eStatements and Mobile Deposit
- Free online Bill Pay
- FDIC Insured
Conclusion:
Savings Institute Bank & Trust has been consistently ranked among one of the highest in terms of CD rate offerings as well as customer satisfaction. With their current range of rate, you will definitely be able to find one that fits all your needs. If you are looking for a short term, there is a 6-month CD option for you. On the other hand, if you would like a longer length, then definitely check out the 60-month CD! However, I would definitely recommend 2.75% APY 27-Month CD Special CD rate for its high rate and $500 deposit requirement. At the end of the day, if you would like to start a new banking experience for the year ahead, be sure to open your CD account today! However if you are not interested or looking for more options, be sure to browse our complete list of the Best National CD Rates for all your savings needs!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
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