Consumer Deposit Accounts
| Certificates of Deposit** Effective Date: November 29, 2023 |
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| Account Type | Minimum Opening Deposit Required |
Interest Rate | APY* | Minimum to Obtain APY |
|
| 91 Day CD | $500 | 0.10% | 0.10% | $500 | How to Open |
| 6 Month CD | $500 | 0.99% | 1.00% | $500 | Open |
| 1 Year CD | $500 | 0.35% | 0.35% | $500 | Open |
| 18 Month CD | $500 | 0.40% | 0.40% | $500 | Open |
| 2 Year CD | $500 | 0.50% | 0.50% | $500 | Open |
| 3 Year CD | $500 | 0.99% | 1.00% | $500 | Open |
| 4 Year CD | $500 | 1.24% | 1.25% | $500 | Open |
| 5 Year CD | $500 | 1.49% | 1.50% | $500 | Open |
| IRA Special** Effective Date: November 29, 2023 |
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| Account Type | Minimum Opening Deposit Required |
Interest Rate | APY* | Minimum to Obtain APY |
|
| 1 Year IRA | $500 | 2.96% | 3.00% | $500 | Open |
**Penalty for early withdrawal may apply.
| Consumer Checking & Money Market Accounts Effective Date: November 29, 2023 |
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| Account Type | Minimum Opening Deposit Required |
Interest Rate | APY* | Minimum to Obtain APY |
|
| ez Access Money Market Checking | $25 | 0.10% 0.15% 0.20% |
0.10% 0.15% 0.20% |
$500 – $24,999.99 $25,000 – $49,999.99 $50,000 or more |
Open |
| Consumer Savings Accounts Effective Date: November 29, 2023 |
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| Account Type | Minimum Opening Deposit Required |
Interest Rate | APY* | Minimum to Obtain APY |
|
| eStatement Savings | $25 | 0.05% | 0.05% | $25 | Open |
| Holiday Club | $1 | 0.05% | 0.05% | $1 | How To Open |
| Health Savings | $25 | 0.05% 0.05% 0.05% 0.10% 0.10% 0.15% 0.15% |
0.05% 0.05% 0.05% 0.10% 0.10% 0.15% 0.15% |
$1 – $999.99 $1,000 – $2499.99 $2,500 – $4,999.99 $5,000 – $9,999.99 $10,000 – $24,999.99 $25,000 – $49,999.99 $50,000 or more |
How To Open |
| IRA Stmt Savings | 0.03% 0.05% 0.10% |
0.03% 0.05% 0.10% |
$25 – $2,499.99 $2,500 – $9,999.99 $10,000 or more |
How To Open | |
| Business Accounts Effective Date: November 29, 2023 |
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| Account Type | Minimum Opening Deposit Required |
Interest Rate | APY* | Minimum to Obtain APY |
|
| Business Statement Savings | $25 | 0.05% | 0.05% | $25 | How To Open |
| Business Money Market | $2,500 | 0.05% 0.10% 0.15% 0.30% |
0.05% 0.10% 0.15% 0.30% |
$2,500 – $24,999.99 $25,000 – $49,999.99 $50,000 – $99,999.99 $100,000 or more |
How To Open |
| Business Interest Checking | $25 | 0.05% | 0.05% | $25 | How to Open |
| IOLTA/IOREBTA | $25 | 0.30% | 0.30% | $25 | How to Open |
*APY=Annual Percentage Yield. APY effective as of the above date. At our discretion we may change the interest rate on your account. Offers may be withdrawn and rates/APY’s are subject to change at any time. Fees may reduce earnings.
Residential Mortgage / Home Equity & Consumer Loan Programs
| Residential Mortgage Loan Effective Date: November 29, 2023 |
|
| View Rates | Apply |
For current rate information on our Residential Mortgage Home Loans, please click above.
| Home Equity Loans and Lines Effective Date: November 29, 2023 |
|
| View Rates | Apply |
For current rate information on our Home Equity programs, please click above.
| Smart-E Energy Loan Effective Date: November 29, 2023 |
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| Term in months | APR* | Payment per $1000 | |||
| 60 | 5.99% | $19.33 | Apply | ||
| 84 | 5.99% | $14.60 | Apply | ||
| 120 | 6.99% | $11.61 | Apply | ||
| 144 | 7.49% | $10.55 | Apply | ||
*APR=Annual Percentage Rate. Smart-E Loans offer long-term, low interest financing to help Connecticut residents access affordable home energy improvements. Program is available for 1 to 4 family owner occupied dwellings. Subject to other terms and conditions. Other restrictions apply.
| Home Improvement Loan (Unsecured) Effective Date: November 29, 2023 |
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| Term in months | APR* | Payment per $1000 | |||
| 36 | 6.990% | $30.87 | Apply | ||
| 60 | 7.490% | $20.03 | Apply | ||
| 84 | 7.990% | $15.58 | Apply | ||
| 120 | 8.490% | $12.39 | Apply | ||
| 144 | 8.990% | $11.37 | Apply | ||
*APR=Annual Percentage Rate. This program is available for 1 to 4 family owner-occupied dwellings (not available for condominiums) located in the State of Connecticut and Rhode Island. Subject to other terms and conditions. Other restrictions apply. Minimum loan amount is $3,000. Maximum loan amount is $50,000.
| Personal Loan(Unsecured) Effective Date: November 29, 2023 |
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| Loan Amount | Auto Pay | APR* | Term | Payment per $1000
Term 12/24/36/48/60 |
|
| $1,000-$20,000 | With ECSB Auto Pay | 11.500% | 12 to 60 months | $88.62/$46.84/$32.98/$26.09/$21.99 | Apply |
| $1,000-$20,000 | Without ECSB Auto Pay | 14.000% | 12 to 60 months | $89.79/$48.01/$34.18/$27.33/$23.27 | Apply |
*APR=Annual Percentage Rate
| New Vehicle Loans Effective Date: November 29, 2023 |
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| Model Year | APR* | Max Term | Loan To Value | Payment Per $1,000 | |
| 2022-2024 | 6.490% | 24 months | Up To 90%1 | $44.54 | Apply |
| 2022-2024 | 6.990% | 36 months | Up To 90%1 | $30.87 | Apply |
| 2022-2024 | 6.990% | 48 months | Up To 90%1 | $23.94 | Apply |
| 2022-2024 | 7.740% | 60 months | Up To 90%1 | $20.15 | Apply |
*APR=Annual Percentage Rate. Value based on retail value published by the NADA East Coast edition. Fee:$50.00 VSI insurance. Maximum loan amount: $50,000. Stated rates assume less than 5,000 miles at time of application. Never before titled/sold vehicles.
1Maximum Loan to value based on creditworthiness. Above APR assumes a credit score of 680+.
| Used Vehicle Loans Effective Date: November 29, 2023 |
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| Model Year | APR* | Max Term | Loan To Value | Payment Per $1,000 | |
| 2006-2023 | 6.990% | 24 months | Up To 90%1 | $44.77 | Apply |
| 2006-2023 | 7.490% | 36 months | Up To 90%1 | $31.10 | Apply |
| 2006-2023 | 7.490% | 48 months | Up To 90%1 | $24.17 | Apply |
| 2006-2023 | 8.240% | 60 months | Up To 90%1 | $20.39 | Apply |
*APR=Annual Percentage Rate. Value based on retail value published by the NADA East Coast edition. Fee:$50.00 VSI insurance. Maximum loan amount: $50,000. Minimum loan amount: $5,000. Stated rates assume less than 105,000 miles at time of application
1Maximum Loan to value based on creditworthiness. Above APR assumes a credit score of 680+.
| Collateral Loans(Passbook or CD) Effective Date: November 29, 2023 |
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| APR* | Max Term | Loan To Value | ||||
| Call1 | 5 Years | 90% | How To Apply | |||
*APR=Annual percentage rate. lifetime Cap:18%. lifetime Floor:3%. Funds on deposit must be opened for 60 days prior to the loan application.
1Contact our branch office for APR for your particular loan scenario.
| Overdraft Protection Line Effective Date: November 29, 2023 |
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| Loan Amount | Rate | APR* | ||||
| $500-$2,500 | 18.000% | 18.000% | Apply | |||
*APR=Annual Percentage Rate. An Overdraft Protection Line protects your checking account from overdrafts. Repayment:Interest plus 5% of the outstanding balance.