- Home
- Accounts
- Personal Savings
- Certificates of Deposit
Don’t put those extra funds beneath a mattress, put them into a fixed-rate CD that earn interest and is FDIC-insured.
Choose the term length that suits you, and enjoy the peace of mind that comes with guaranteed earnings. Open your account online today!
For CD's over $250,000, please visit one of our branches so we can better serve you.
Benefits
- Risk-free savings option with guaranteed earnings
- Competitive, fixed rates
- Interest compounded daily
- Interest payments can be added back to CD, paid by check, or deposited into another Bank of Newington account for maximum convenience
- Enjoy higher rates for longer terms
- Set funds aside for future savings goals
- Enjoy rates higher than standard savings rates
- Variety of terms available (from 3 months to 5 years)
- No setup fees or monthly service fees
- Penalties may apply for early withdrawals*
- FDIC insured up to $250,000
- $1,000 minimum deposit to open
- *Early withdrawals may result in a penalty of 3 months of interest earnings.