Tuesday, November 20, 2012 - 2:33 PMSavings Bank of Danbury
The rate is 1.01% for a 13 month CD. The rate isn't great, but not bad in this market. It may also appeal to those who like to keep their money local. The following are the only details I found.
*This offer applies to new money only. New money is defined as money not currently on deposit with Savings Bank of Danbury. Minimum deposit of $500 is required to open a certificate and
earn Annual Percentage Yield (APY) stated. APY will remain in effect until maturity. APY is accurate as of October 31, 2012. There is a maximum deposit amount of $50,000 per CD. Limit one
CD per customer (tax ID#). Early withdrawal penalties may apply. Fees may reduce earnings. Offer may be withdrawn at any time. Other fees and restrictions may apply.
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