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Jewett City Savings Bank

CDs and IRA CDs

Ready to get more out your savings?
You've got options.

You work hard for your money.
Shouldn’t your money work hard for you?

Benefits of a CD or IRA CD include

Guaranteed
rate

Guaranteed
return

FDIC
insurance

Personal service
from neighbors

Saving for retirement, a new home, or other goal? Now’s a great time to give your savings a boost. 

At Jewett City Savings Bank, we’ve got special savings options that offer great rates, guaranteed returns, and FDIC protection.

CD SPECIALS

5.5 Month CD

APY*

5.5 Month CD

5.00%

*Annual Percentage Yield (APY) is accurate as of March 27, 2024 and subject to change before account opening. Minimum deposit to open is $1,000.  New money only.  Minimum daily balance to obtain the APY is $0.01. Maximum principal balance limit of $150,000 per account tax owner.  Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawal. Available for a limited time only; offer may be withdrawn at any time. Open in branch only.

15 Month Relationship CD

APY*

15 Month - with JCSB checking account

4.75%

15 Month - without JCSB checking account

4.50%

*Annual Percentage Yield (APY) is accurate as of March 27, 2024 and subject to change before account opening. Minimum deposit to open is $1,000.  Minimum daily balance to obtain the APY is $0.01. Maximum principal balance limit of $75,000 per account tax owner.  Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawal. Available for a limited time only; offer may be withdrawn at any time. Open in branch only.

IRA CD Special for Contributions Only

APY**

1 Year

4.00%

2 Years

3.00%

**Annual Percentage Yield (APY) accurate as of March 27, 2024 and subject to change before account opening. Minimum deposit to open is $1,000. Minimum daily balance to obtain the APY is $0.01. Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawal. Available for a limited time only; offer may be withdrawn at any time.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 $8,000. IRS maximum contributions for 2023 IRAs: $6,500; $7,500 for persons age 50 or older. IRS maximum contributions for 2024 IRAs: $7,000; $8,000 for persons age 50 or older.  Please consult your tax advisor regarding the potential tax implications of an IRA. Open in branch only.

Need help?

To determine which option is right for you, visit any of our offices, call us at 860-376-4444, or complete the quick contact form below, and a member of our team will get back to you.

Your Life. Your Bank.

 Use our information request form, visit any of our offices, or give us a call at 860-376-4444 and find out how Jewett City Savings Bank can help you.

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