Lending Money

Looking for the best CD rates in Connecticut? A CD, or certificate of deposit, is a type of savings account that offers a higher rate of interest than a regular savings account. CDs are offered by banks and credit unions, and they typically have a fixed interest rate. The interest rate is set for the term of the CD, which can range from a few months to several years. CDs are FDIC-insured up to $250,000 per depositor, making them a safe way to grow your savings.