Milford Bank

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.milfordbank.com

203-783-5700

33 Broad Street
Milford, CT 06460

Milford Bank is headquartered in MILFORD and is the 21^st largest bank in the state of Connecticut. It is also the 1,513^th largest bank in the nation. It was established in 1872 and as of March of 2025, it had grown to 78 employees at 6 locations. Milford Bank has a B+ health rating.

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Health

B+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	16101
Year Established	1872
Employees	78
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.66%
Return on Equity - YTD	8.28%
Annual Interest Income	$6.8MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$628.8MM$597.8MM
Loans	Q1 2025vs Q1 2024	$482.8MM$445.8MM
Deposits	Q1 2025vs Q1 2024	$503.9MM$507.1MM
Equity Capital	Q1 2025vs Q1 2024	$50.9MM$45.3MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$4.6MM$4.2MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$1.3MM$920K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Milford Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%	$5	-	Passbook Centsible Kids Account
0.15%^*	$100k^*	-	Statement Savings
OTHER TIERS: 0.01% → $5 - $5k \| 0.05% → $5k - $50k \| 0.10% → $50k - $100k

Milford Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%^*	$100k^*	-	Sound Money Market Fund
OTHER TIERS: 0.02% → $5 - $5k \| 0.03% → $5k - $10k \| 0.05% → $10k - $100k

Milford Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%	$5	-	IORETA
0.05%	$5	-	IOLTA
0.02%	$5	-	Prestige Checking

Milford Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.35%	$1k	-	5 Year CD
0.30%	$1k	-	4 Year CD
0.25%	$1k	-	3 Year CD
0.25%	$1k	-	30 Month CD (Prestige Only)
0.15%	$1k	-	2 Year CD
0.10%	$1k	-	1 Year CD
0.10%	$1k	-	18 Month CD
0.05%	$1k	-	91 Day CD
0.05%	$1k	-	6 Month CD

Milford Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.20%	$25	-	1 year+ Floating Rate IRA

Locations

Milford Bank Locations
Boston Post Road Branch	1455 Boston Post Road	Milford, CT 06460
Devon Branch	205 Bridgeport Avenue	Milford, CT 06460
Woodmont Branch	259 Merwin Avenue	Milford, CT 06460
295 Boston Post Road Branch	295 Boston Post Road	Milford, CT 06460
The Milford Bank	33 Broad St	Milford, CT 06460
Main Street Stratford Branch	3651 Main Street	Stratford, CT 06614

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