Local Milford Banks with the Best CD Rates

When shopping around for the highest certificate of deposit interest rates, it helps to look at local financial institutions. Generally, smaller banks are especially invested in the communities they serve and thus, make providing the best rates to customers a top priority.

However, finding the best CD rates in Milford can be tough if you don’t know where so start, so we’ve compiled the best rates across various term lengths for community banks in the area.

Milford Banks with the Best 6-Month CD Rates

• Alma Bank: 0.9%
• First National Bank Of Long Island: 0.55%
• Thomaston Savings Bank: 0.45%

Highest 12-Month CD Rates from Milford Banks

• Alma Bank: 1.35%
• Savings Bank of Danbury: 0.7%
• Community National Bank New York: 0.7%

Best 24-Month CD Rates from Milford Banks

• Alma Bank: 1.5%
• Thomaston Savings Bank: 1.25%
• Community National Bank New York: 1.2%

Please note that these rates are accurate as of May 19, 2011 but are subject to change at any time.