The best savings rates for Chester, Connecticut and the surrounding area include Essex Savings BankEssex Savings Bank203 Middlesex Ave, Chester, CT 06412A+5.0 ★Texas Ratio: 0.34% All Aboard Statement Savings at 0.61% APY, Windsor Federal S&LWindsor Federal S&L270 Broad St, Windsor, CT 06095A5.0 ★Texas Ratio: 9.09% Student Savings Account at 5.12% APY, Newtown Savings BankNewtown Savings Bank39 Main St, Newtown, CT 06470A5.0 ★Texas Ratio: 6.92% Great Start Savings at 5.00% APY, General Electric Employees Federal Credit UnionGeneral Electric Employees Federal Credit Union1 Lafayette Cir Ste 1, Bridgeport, CT 06604 6021A5.0 ★Texas Ratio: 8.21% Jump Start Savings at 5.00% APY, and Waterbury Connecticut Teachers Federal Credit UnionWaterbury Connecticut Teachers Federal Credit Union773 Straits Tpke, Middlebury, CT 06762 2852A+5.0 ★Texas Ratio: 0.93% Head Start Savings at 4.60% APY. Savings rates as of March 26, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Chester, Connecticut, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Chester, Connecticut (CT) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Chester, Connecticut and the surrounding area. Last Updated and Verified: March 26, 2026
Qualifying balance up to $9,999.99
Qualifying balance up to $9,999.99
Qualifying balance up to $1,000.00
Qualifying balance up to $1,000.00
Qualifying balance up to $1,000.00
Qualifying balance up to $1000.00
Boost Your Rate 1.00% with Round-Up Checking
Rate is subject to certain terms and conditions. You must deposit at least $5,000 to open your account and maintain $25 to earn the disclosed APY. Rate and APY may change at any time. Fees may reduce earnings.
Intro rate subject to change
bump up for PayBackSM or Quarter Back® customers
$0.01 and Up
Qualifying balance up to $1,000.00
Qualifications Required
over current rate account is earning
bump up for PayBackSM or Quarter Back® customers
$25,000.00 and Up
Rate is variable and subject to change after the account is open. Rate effective 12/18/2025. APY (Annual Percentage Yield) for Smart Savings is 3.00% and interest rate is 2.96%. The minimum to open a Smart Savings account is $100. Smart Savings is free of monthly maintenance charges. Fees may reduce earnings. Excessive transfers or withdrawals may result in fees.
Qualifying balance up to $2,000.00
Qualifying balance up to $10,000.00
$10,000.00; Variable
Qualifying balance up to $5,000.00
Compare local Chester, CT savings rate quotes against the statewide average
Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Connecticut high-yield savings rates rose 0.979 points this week to 1.562% APY, up from 0.582% last week.
Connecticut standard savings rates fell 0.168 points this week to 0.474% APY, down from 0.642% last week.
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Chester, 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 savings 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 Chester, Connecticut. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in CT.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.