Current Connecticut money market deposit account rates include DR BankDR Bank1001 Post Rd, Darien, CT 06820A+5.0 ★Texas Ratio: 0.38% Business Money Market at 4.00% APY, Citizens BankCitizens Bank470 Bank St, New London, CT 06320A5.0 ★Texas Ratio: 8.28% Citizens Private Client® Money Market at 3.50% APY, Bankwell BankBankwell Bank156 Cherry St, New Canaan, CT 06840A-5.0 ★Texas Ratio: 15.53% High Yield Business Money Market at 3.50% APY, Patriot Bank N.A.Patriot Bank N.A.7 Old Tavern Rd, Orange, CT 06477F2.4 ★Texas Ratio: 45.79% Founders Money Market at 3.50% APY, and CorePlus Federal Credit UnionCorePlus Federal Credit Union202 Salem Tpke, Norwich, CT 06360A+5.0 ★Texas Ratio: 1.48% Nonprofit Money Market at 3.50% APY. Money market rates as of June 23, 2026 according to verified data from MonitorBankRates.
Use the tables below to compare money market rates across Connecticut side-by-side. Connecticut money market rates currently reach as high as 4.00% APY from DR Bank at 1001 Post Rd, Darien, CT 06820. Rates are continually updated — we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Connecticut and surrounding area. Last Updated and Verified: June 23, 2026
Qualifications Required: Maintain a business operating checking account and business money market account; Deposit a minimum of $5,000 in new money to your business checking and/or business money market account; Perform a minimum of five (5) qualifying transactions per month in your business checking account.; APY (Annual Percentage Yield) is accurate as of 06/17/2026. Rates may change without prior notice, before or after the account is opened. Offer expires December 31, 2025. However, offer may be discontinued or changed at any time prior to the expiration date without notice.
Preferred rates require a minimum of $25,000 of new money. Standard rates: 0.15% APY.
Tier 3
Preferred rates require a minimum of $25,000 of new money. Standard rates: 0.03% APY.
Rate is variable and subject to change after the account is open. Rate effective 05/12/2026. APY (Annual Percentage Yield) for High Yield Money Market is 3.40% and interest rate is 3.34% for balances of $100,000.00 and above. The minimum to open a High Yield Money Market account is $100. Fees may reduce earnings. Excessive transfers or withdrawals may result in fees.
Rate is variable and subject to change after the account is open. Rate effective 05/12/2026. For balances up to $99,999.99, the APY is 3.00% and interest rate is 2.96%. The minimum to open a High Yield Money Market account is $100. Fees may reduce earnings. Excessive transfers or withdrawals may result in fees.
Rate is variable and subject to change after the account is open. Rate effective 05/12/2026. APY (Annual Percentage Yield) for High Yield Money Market is 3.40% and interest rate is 3.34% for balances of $100,000.00 and above. The minimum to open a High Yield Money Market account is $100. Fees may reduce earnings. Excessive transfers or withdrawals may result in fees.
$500,000 and Over
Rate is variable and subject to change after the account is open. Rate effective 12/18/2025. The minimum to open a Smart Money Market account is $100. Fees may reduce earnings. Excessive transfers or withdrawals may result in fees.
Tier 2
Tier 5
Qualifying balance up to $2,000.00
$250,000 - $499,999.99
$250,000
Daily Balance
Limited Time Offer
$100,000 - $249,999
$250,000.00
$100,000 - $249,999.99
Tiered MMA - Based on Daily Balance
Up to $99,999
Balance up to $20,000.00
Qualifying balance up to $6,000.00
Tiered MMA - Based on Daily Balance
Balance of $100,000 or more: 2.50% APY
Balance of $100,000 or more: 2.50% APY
Dividends paid & compounded quarterly.
$250,000 and Over
$50,000 - $99,999.99
Tiered MMA - Based on Daily Balance
$5,000.00
Dividends paid & compounded quarterly.
Tiered MMA - Based on Daily Balance
Dividends paid & compounded quarterly.
Compare local Connecticut money market quotes against the statewide average
Daily money market rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Connecticut high-yield MMA rates currently average 3.032% APY.
Connecticut standard MMA rates currently average 0.736% APY.
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Connecticut money market rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Money Market Rate Data: We aggregate money market deposit account rates for Connecticut directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every money market rate displayed 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 Connecticut. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in CT.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update money market rates daily. Because MMA yields can fluctuate rapidly based on market conditions, every product listed features its own specific “last updated” date, giving you complete transparency.