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Consumer Deposit Accounts

Certificates of Deposit**
Effective Date: August 22, 2025
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 3.78% 3.85% $500 How to Open
1 Year CD $500 0.35% 0.35% $500 How to Open
18 Month CD $500 0.40% 0.40% $500 How to Open
2 Year CD $500 0.50% 0.50% $500 How to Open
3 Year CD $500 0.99% 1.00% $500 How to Open
4 Year CD $500 1.24% 1.25% $500 How to Open
5 Year CD $500 1.49% 1.50% $500 How to Open
IRA Special**
Effective Date: August 22, 2025
Account Type Minimum Opening
Deposit Required		 Interest Rate APY* Minimum to
Obtain APY
1 Year IRA $500 2.96% 3.00% $500 How to Open

**Penalty for early withdrawal may apply.

Consumer Checking & Money Market Accounts
Effective Date: August 22, 2025
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		 How to Open
Consumer Savings Accounts
Effective Date: August 22, 2025
Account Type Minimum Opening
Deposit Required		 Interest Rate APY* Minimum to
Obtain APY
eStatement Savings $25 0.05% 0.05% $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: August 22, 2025
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 Offers may be withdrawn and rates/APY’s are subject to change at any time.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.

Home Lending Options

Eastern CT Savings Bank is now a division of Ascend Bank, and we’re pleased to help deliver a streamlined application, advisory and approval process for all of your home lending needs, through the Ascend Lending Center.

By clicking below, you’ll be redirected to the website of Ascend Bank.

Learn More

View Rates

Smart-E Energy Loan
Effective Date: August 22, 2025
Term in months APR* Payment per $1000
60 6.99% $19.80 Apply
84 6.99% $15.09 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. Smart-E loans are available, subject to credit approval, for owner-occupied properties located in New London, Windham, Tolland and Middlesex counties. Subject to other terms and conditions. Other restrictions apply.

Personal Loan(Unsecured)
Effective Date: August 22, 2025
Loan Amount APR* Term Payment per $1000

Term 12/24/36/48/60
$1,000-$20,000 12.99% 12 to 60 months $89.31/$47.54/$33.69/$26.82/$22.75 Apply

*APR=Annual Percentage Rate

New Vehicle Loans
Effective Date: August 22, 2025
Model Year APR* Max Term Loan To Value Payment Per $1,000
2015-2025 7.250% 36 months Up To 90%1 $30.99 Apply
2015-2025 7.500% 48 months Up To 90%1 $24.18 Apply
2015-2025 7.750% 60 months Up To 90%1 $20.16 Apply

*APR=Annual Percentage Rate. Value based on retail value published by the NADA East Coast edition. 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: August 22, 2025
Model Year APR* Max Term Loan To Value Payment Per $1,000
2015-2025 8.000% 24 months Up To 90%1 $45.23 Apply
2015-2025 8.000% 36 months Up To 90%1 $31.34 Apply
2015-2025 8.000% 48 months Up To 90%1 $24.41 Apply

*APR=Annual Percentage Rate. Value based on retail value published by the NADA East Coast edition. 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: August 22, 2025
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: August 22, 2025
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.