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Highest Business CD Rates in Connecticut
17 Connecticut-specific products

By Aviel Fahl

Newest reading: October 31, 2026

Top Connecticut Rate:4.09% APYFDIC or NCUA Insured

The Connecticut market

Connecticut accounts

17

Institutions

2

Top Connecticut APY

4.09% APY

Nationally: 4.50% APY

FDIC national average

1.76%

As of Oct 2026

17 business CDs are open only to Connecticut residents, from 2 institutions. The highest advertised APY among them is 4.09%.

The highest nationally available rate is 4.50% APY, 41 basis points above the Connecticut leader.

3 of the 17 Connecticut business CDs advertise more than the FDIC national average of 1.76% for 12-month CDs as of Oct 2026.

Connecticut-Specific Business CDs Rates

Business CDs rates specifically available to Connecticut residents.

Top 17 CD terms from 2 banks,sorted by highest APY
#1
Essex Bank

Business 18 Month Certificate

Term: 18 months

4.09%
APY
Observed: Oct 27, 2026
Min Deposit

$500

Branches

Yes

#2
Essex Bank

Business 1 Year Certificate

Term: 12 months

4.03%
APY
Observed: Oct 27, 2026
Min Deposit

$500

Branches

Yes

#3
Essex Bank

Business 9 Month Certificate

Term: 9 months

1.79%
APY
Observed: Oct 27, 2026
Min Deposit

$500

Branches

Yes

#4
Essex Bank

Business 6 Month Certificate

Term: 6 months

1.53%
APY
Observed: Oct 27, 2026
Min Deposit

$500

Branches

Yes

#5
Essex Bank

Business 7 Year Certificate

Term: 84 months

1.22%
APY
Observed: Oct 27, 2026
Min Deposit

$500

Branches

Yes

#6
Essex Bank

Business 5 Year Certificate

Term: 60 months

1.17%
APY
Observed: Oct 27, 2026
Min Deposit

$500

Branches

Yes

#7
Essex Bank

Business 3 Year Certificate

Term: 36 months

1.12%
APY
Observed: Oct 27, 2026
Min Deposit

$500

Branches

Yes

#8
Essex Bank

Business 2 Year Certificate

Term: 24 months

1.02%
APY
Observed: Oct 27, 2026
Min Deposit

$500

Branches

Yes

#9
Essex Bank

Business 3 Month Certificate

Term: 3 months

0.76%
APY
Observed: Oct 27, 2026
Min Deposit

$500

Branches

Yes

#10
Windsor Federal Bank

60-Month Business CD

Term: 60 months

0.50%
APY
Observed: Oct 31, 2026
Min Deposit

$1,000

Branches

Yes

#11
Windsor Federal Bank

48-Month Business CD

Term: 48 months

0.40%
APY
Observed: Oct 31, 2026
Min Deposit

$1,000

Branches

Yes

#12
Windsor Federal Bank

36-Month Business CD

Term: 36 months

0.35%
APY
Observed: Oct 31, 2026
Min Deposit

$1,000

Branches

Yes

#13
Windsor Federal Bank

24-Month Business CD

Term: 24 months

0.25%
APY
Observed: Oct 31, 2026
Min Deposit

$1,000

Branches

Yes

#14
Windsor Federal Bank

18-Month Business CD

Term: 18 months

0.20%
APY
Observed: Oct 31, 2026
Min Deposit

$1,000

Branches

Yes

#15
Windsor Federal Bank

12-Month Business CD

Term: 12 months

0.15%
APY
Observed: Oct 31, 2026
Min Deposit

$1,000

Branches

Yes

#16
Windsor Federal Bank

3-Month Business CD

Term: 3 months

0.10%
APY
Observed: Oct 31, 2026
Min Deposit

$1,000

Branches

Yes

#17
Windsor Federal Bank

6-Month Business CD

Term: 6 months

0.10%
APY
Observed: Oct 31, 2026
Min Deposit

$1,000

Branches

Yes

Rates are annual percentage yields (APY). A variable rate may change after the account is opened. Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawal.

Nationally Available Business CDs Rates

The 8 highest business cds rates available nationwide, including in Connecticut.

InstitutionProduct / Term
Live Oak Bank
1 Year Business CD12 months
4.50%
Live Oak Bank
9-Month Business CD9 months
4.40%
Live Oak Bank
6-Month Business CD6 months
4.30%
Newtek Bank
6-Month CD6 months
4.30%
Live Oak Bank
18-Month Business CD18 months
4.30%
Prime Alliance Bank
12-Month Business CD12 months
4.25%
Prime Alliance Bank
18-Month Business CD18 months
4.25%
Forbright Bank
9-Month CD9 months
4.10%

Rates are annual percentage yields (APY). A variable rate may change after the account is opened. Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawal.

See the full national list