Selecting the right bank in Connecticut is crucial for effective financial management. Whether you prioritize excellent customer service, convenient branch locations, or competitive interest rates, finding the best bank is essential. In this blog post, we will explore the factors to consider when choosing a Connecticut bank and highlight some of the top banks in the state along with their best bank rates.
Choose a bank with a strong reputation and a history of financial stability. Look for banks that have a solid presence in Connecticut and check their financial ratings from reputable sources like Moody's or Standard & Poor's.
Evaluate your banking needs and determine which account types and services are important to you. Consider factors such as checking and savings accounts, certificates of deposit (CDs), loans, credit cards, online and mobile banking capabilities, and customer support.
Assess the bank's branch and ATM network to ensure they have convenient locations and services for your everyday banking needs. Consider factors such as branch proximity, operating hours, online and mobile banking features, and the availability of fee-free ATMs.
Pay attention to the fees associated with various banking services. Compare account maintenance fees, ATM fees, overdraft fees, and transaction fees. Look for banks that offer transparent fee structures or accounts with minimal fees.
Compare the interest rates and Annual Percentage Yields (APYs) offered by different banks for various account types to maximize your savings. Look for competitive rates on savings accounts, CDs, and money market accounts. Higher rates can help your money grow faster over time.
Webster Bank is one of the largest banks in Connecticut, offering a comprehensive range of banking services. They provide competitive interest rates on savings accounts and CDs, catering to different financial goals. Webster Bank also offers convenient online and mobile banking services.
People's United Bank operates extensively in Connecticut and provides a wide range of banking solutions. They offer competitive interest rates on savings accounts and CDs, allowing you to maximize your savings. People's United Bank also offers robust online and mobile banking features for easy access.
TD Bank has a significant presence in Connecticut and offers a variety of banking products and services. They provide competitive interest rates on savings accounts and CDs, tailored to meet different financial needs. TD Bank also provides online and mobile banking services for convenience.
TD Bank has a significant presence in Connecticut and offers a variety of banking products and services. They provide competitive interest rates on savings accounts and CDs, tailored to meet different financial needs. TD Bank also provides online and mobile banking services for convenience.
Connex Credit Union is a notable credit union in Connecticut, serving the local community. They offer competitive interest rates on savings accounts and CDs, along with additional benefits for credit union members. Connex Credit Union also provides online and mobile banking services.
Choosing the best bank in Connecticut requires careful consideration of factors such as reputation, account options, accessibility, fees, and interest rates. By evaluating your financial needs and comparing the offerings of different banks, you can find the one that aligns with your requirements. Webster Bank, People's United Bank, TD Bank, and Connex Credit Union are among the top banks in Connecticut, offering competitive rates and comprehensive banking services. Remember to review the latest rates and terms directly with the banks to make informed decisions and secure the best bank rates in Connecticut.
https://www.bankswd.com/connecticut/putnam-banks/the-citizens-national-bank_2521/
182 Main Street, Putnam, CT 6260
Official website: N/A
Established in 1924-11-11, The Citizens National Bank is a commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC), serving customers in Putnam Connecticut (CT) and many other cities.
The bank is currently closed (since 2015-06-30)
Location: Putnam, Connecticut CT (County Windham)
FDIC Certificate #: 2521
FDIC Geographic Region: New York - Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, Nevada, New Hampshire, New Jersey, New York, Pennsylvania, Puerto Rico, Rhode Island, Vermont, U.S. Virgin Islands
Chartering Agency: OCC - State and Federal Comptroller of the Currency
OCC Charter Number: 12594
OTS Docket Number (assigned by federal housing finance board - FHFB): 10336
Core Based Statistical Area (CBSA): (CBSA#)
Consolidated Metropolitan Statistical Area (CMSA): N/A
Combined Statistical Area (CSA): N/A
Metropolitan Statistical Area (MSA): N/A
Office of the Comptroller: Northeast - Connecticut, Delaware, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Puerto Rico, Rhode Island, Vermont, U.S. Virgin Islands
Office of Thrift Supervision (OTS) Region: Northeast
The Citizens National Bank is
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Bank Holding Company: CITIZENS NATIONAL BCORP INC
Bank Holding Company Type:
Number of Domestic Offices: 5
Number of Foreign Offices: 0
Regulator: Office of the Comptroller of the Currency (OCC)
Trust Powers: Trust Power Granted
Data by FIDC (The Federal Deposit Insurance Corporation), last update 2023-11-24Program | Rate | Bank |
---|---|---|
1 Yr | 5.36% | CIBC Bank USA: 5.36% APY, $0 minimum deposit |
1 Yr | 5.31% | First Internet Bank of Indiana: 5.31% APY, $1,000 minimum deposit |
1 Yr | 5.27% | TAB Bank: 5.27% APY, $1,000 minimum deposit |
1 Yr | 5.25% | Bread Savings: 5.25% APY, $1,500 minimum deposit |
1 Yr | 5.20% | Limelight Bank: 5.20% APY, $1,000 minimum deposit |
1 Yr | 5.20% | Bask Bank: 5.20% APY, $1,000 minimum deposit |
1 Yr | 5.15% | LendingClub Bank: 5.15% APY, $2,500 minimum deposit |
1 Yr | 5.15% | Popular Direct: 5.15% APY, $10,000 minimum deposit |
1 Yr | 5.00% | Barclays Bank: 5.00% APY, $0 minimum deposit |
*CD Rates are subject to change without notice and may vary from bank to bank and branch to branch. Please contact your local bank for updated bank CD rates.
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