Current Putnam, Connecticut CD rates include Jewett City Savings BankJewett City Savings Bank223a Kennedy Dr, Putnam, CT 06260A+5.0 ★Texas Ratio: 3.47% offering IRA CD Special for Contributions Only 1 Year at 3.40% APY, Centreville BankCentreville Bank40 Main St, Putnam, CT 06260A+5.0 ★Texas Ratio: 4.04% offering Individual Retirement Account (IRA) CD 2 Year at 2.75% APY, Charter Oak Federal Credit UnionCharter Oak Federal Credit Union7 Providence Pike, Putnam, CT 06260A+5.0 ★Texas Ratio: 2.12% offering Long-Term Share Certificates 18 Month at 0.50% APY, USALLIANCEUSALLIANCEB4.5 ★Texas Ratio: 21.07% offering 18 Month Certificate at 4.10% APY, and New Haven County Credit UnionNew Haven County Credit UnionA+5.0 ★Texas Ratio: 5.60% offering Share Certificate 1 year at 4.08% APY. CD rates as of April 5, 2026 according to verified data from MonitorBankRates.
Putnam has 16 local institutions in our database, with CD rates as high as 3.40% APY from Jewett City Savings Bank at 223a Kennedy Dr, Putnam, CT 06260. Use the tables below to compare all available CD terms and offers, including options from institutions serving the broader Connecticut area. Rates are continually updated — we recommend checking back frequently.
The Annual Percentage Yields (APYs) displayed reflect actual verified offers from top-rated institutions. Rates are subject to change at the institution's discretion without notice and may depend on your initial funding amount. A substantial penalty may be imposed for early withdrawal, which could reduce earnings on the account. CD Rates Last Updated and Verified: April 5, 2026
Must be opened in branch; New Money Only
$500 Minimum unless otherwise noted - Early Withdrawal Penalties May Apply
$500 minimum, dividends compounded monthly. Early withdrawal penalty = 90 days dividend.
for existing or new Private Checking account holders.
APY effective 12/18/2025 and subject to change. $1,000 minimum opening deposit to open the account and earn APY. Rate guaranteed for the full term of the CD. Penalty for early withdrawal. Fees may reduce earnings. This offer is not available to brokers or financial institutions. Offer may be withdrawn at any time.
up to
IRA Not Available
$500 Minimum unless otherwise noted - Early Withdrawal Penalties May Apply
Available for a limited time only; offer may be withdrawn at any time. IRAs are considered individual retirement accounts and are subject to IRS rules and regulations. Available for previous year and current year IRA contributions only of up to $8,600. Open in branch only.
Premium APY
APY effective 12/18/2025 and subject to change. $1,000 minimum opening deposit to open the account and earn APY. Rate guaranteed for the full term of the CD. Penalty for early withdrawal. Fees may reduce earnings. This offer is not available to brokers or financial institutions. Offer may be withdrawn at any time.
$500 Minimum unless otherwise noted - Early Withdrawal Penalties May Apply
Variable interest rate. Interest is compounded and paid monthly. Deposits are accepted without extending the maturity date of the CD.
Premium APY
New money only. $5,000 min/$100,000 max.
Must be opened in branch
NEW MONEY ONLY; Premier Membership
$500 Minimum unless otherwise noted - Early Withdrawal Penalties May Apply
Fixed rate for the term of the deposit. Interest is compounded and credited monthly.
Premium APY
Rate Special
$50,000
$500 Minimum unless otherwise noted - Early Withdrawal Penalties May Apply
Fixed rate for the term of the deposit. Interest is compounded and credited monthly.
Premium APY
Rate Special
$50,000
$500 Minimum unless otherwise noted - Early Withdrawal Penalties May Apply
Relationship APY
Premium APY
$500 Minimum unless otherwise noted - Early Withdrawal Penalties May Apply
Available as Traditional, Roth or Educational/Coverdell
Premium APY
$500 Minimum unless otherwise noted - Early Withdrawal Penalties May Apply
Relationship APY
Fixed rate for the term of the deposit. Interest is compounded and credited monthly.
Compare local Putnam, CT CD rate quotes against the statewide average
Daily CD rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Connecticut 12-month CD rates rose 1.277 points over the past 7 days to 3.019% APY.
Connecticut 6-month CD rates rose 0.455 points over the past 7 days to 2.938% APY.
Direct-Sourced & Verified CD Rate Data: We aggregate certificate of deposit (CD) rates for Putnam, Connecticut directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. By pulling data straight from the institutions' own digital properties and manually verifying yields daily, every rate on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Putnam, Connecticut. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to high-yield CDs from large national institutions available to savers in CT.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update CD rates daily. Because yields can fluctuate rapidly, every CD product listed features its own specific “last updated” date for full transparency.