With energy costs at history highs, it’s more expensive than ever to heat or cool your home. At Jewett City Savings Bank, our Energy Savings Account can help offset these costs with a rate that is guaranteed through June 30, 2023.
Energy Savings Account
Helping neighbors cover their energy costs
Guaranteed through June 30, 2023
2.50% APY*
Here’s how it works:
- Open your account – it only takes $100.
- Add money anytime – balances of $3,000 or less will earn 2.50% APY.* Any balance above $3,000 will earn .25% APY.*
- Use online banking to transfer money from your Energy Savings Account to your JCSB checking account to pay your energy bills.
- Already set aside money for this season’s fuel bills? You can park it in our Energy Savings Account until needed!
Let Jewett City Savings Bank help with your energy costs.
How can we help you?
Please contact us if you have questions about any of our products and services. You can visit our Resource Center, use our information request form or give us a call at 860-376-4444.
*Annual Percentage Yield (APY) is accurate as of 8/10/2022. Minimum deposit to open the account is $100. This is a variable rate that is guaranteed to remain at 2.50% APY for balances of $3,000 or less through June 30, 2023 and is subject to change thereafter. Any balance above $3,000 will earn .25% APY and is subject to change at any time. Depending on the balance in your account, the APY will range from .28% to 2.50% for balances above $3,000. The APY of .28% assumes a deposit amount of $250,000. Fees may reduce the earnings on the account. Limit one account per household. Personal accounts only. A Jewett City Savings Bank checking account is required to qualify for an Energy Savings Account. Subject to change without notice.
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