Consumer Deposit Accounts
| Certificates of Deposit** Effective Date: March 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 | 0.25% | 0.25% | $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: March 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: March 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: March 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 |
| Passbook Savings | $25 | 0.03% | 0.03% | $25 | How To 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: March 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 | 0.15% | 0.15% | $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: March 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: March 29, 2023 |
|
| View Rates | Apply |
For current rate information on our Home Equity programs, please click above.
| Smart-E Energy Loan Effective Date: March 29, 2023 |
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| Term in months | APR* | ||||
| 60 | 4.49% | Apply | |||
| 84 | 4.99% | Apply | |||
| 120 | 5.99% | Apply | |||
| 144 | 6.99% | 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: March 29, 2023 |
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| Term in months | APR* | Payment per $1000 | |||
| 36 | 6.990% | $30.42 | Apply | ||
| 60 | 7.490% | $19.56 | Apply | ||
| 84 | 7.990% | $15.09 | Apply | ||
| 120 | 7.990% | $11.61 | Apply | ||
| 144 | 8.490% | $10.55 | 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: March 29, 2023 |
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| Loan Amount | Auto Pay | APR* | Term | ||
| $1,000-$15,000 | With ECSB Auto Pay | 10.000% | 12 to 60 months | Apply | |
| $1,000-$15,000 | Without ECSB Auto Pay | 12.000% | 12 to 60 months | Apply | |
*APR=Annual Percentage Rate
| New Vehicle Loans Effective Date: March 29, 2023 |
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| Model Year | APR* | Max Term | Loan To Value | Payment Per $1,000 | |
| 2021-2023 | 4.990% | 24 months | Up To 80%1 | $43.20 | Apply |
| 2021-2023 | 5.490% | 36 months | Up To 80%1 | $29.30 | Apply |
| 2021-2023 | 5.990% | 48 months | Up To 80%1 | $22.58 | Apply |
| 2021-2023 | 6.240% | 60 months | Up To 80%1 | $18.53 | Apply |
| 2021-2023 | 5.490% | 24 months | 80.01-90%2 | $43.42 | Apply |
| 2021-2023 | 5.990% | 36 months | 80.01-90%2 | $29.74 | Apply |
| 2021-2023 | 6.490% | 48 months | 80.01-90%2 | $22.80 | Apply |
| 2021-2023 | 6.740% | 60 months | 80.01-90%2 | $18.75 | Apply |
*APR=Annual Percentage Rate. Value based on retail value published by the NADA East Coast edition. Fee:$23.00 VSI insurance. Maximun 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 640+.
2Maximum Loan to value based on creditworthiness. Above APR assumes a credit score of 760+.
| Used Vehicle Loans Effective Date: March 29, 2023 |
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| Model Year | APR* | Max Term | Loan To Value | Payment Per $1,000 | |
| 2005-2022 | 5.490% | 24 months | Up To 80%1 | $43.42 | Apply |
| 2005-2022 | 5.990% | 36 months | Up To 80%1 | $29.52 | Apply |
| 2005-2022 | 6.490% | 48 months | Up To 80%1 | $22.80 | Apply |
| 2005-2022 | 6.990% | 60 months | Up To 80%1 | $18.87 | Apply |
| 2018-2022 | 5.990% | 24 months | 80.01-90%2 | $43.42 | Apply |
| 2018-2022 | 6.490% | 36 months | 80.01-90%2 | $29.74 | Apply |
| 2018-2022 | 6.990% | 48 months | 80.01-90%2 | $23.03 | Apply |
| 2018-2022 | 7.490% | 60 months | 80.01-90%2 | $19.10 | Apply |
*APR=Annual Percentage Rate. Value based on retail value published by the NADA East Coast edition. Fee:$23.00 VSI insurance. Maximun 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 640+.
2Maximum Loan to value based on creditworthiness. Above APR assumes a credit score of 760+.
Note:90% Loan to Value available for 2014-2017 used cars.
| Collateral Loans(Passbook or CD) Effective Date: March 29, 2023 |
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| APR* | Max Term | Loan To Value | ||||
| 3.10%1 | 5 Years | 90% | How To Apply | |||
*APR=Annual percentage rate. lifetime Cap:18%. lifetime Floor:3%. Funds on deposit must be opened for 90 days prior to the loan application.
1Contact our branch office for APR for your particular loan scenario.
| Overdraft Protection Line Effective Date: March 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.