Highest Business Savings Account Rates in Connecticut
11 Connecticut-specific products
The Connecticut market
Connecticut accounts
11
Institutions
7
Top Connecticut APY
3.19% APY
Nationally: 3.90% APY
FDIC national average
0.38%
As of Oct 2026
11 business savings accounts are open only to Connecticut residents, from 7 institutions. The highest advertised APY among them is 3.19%.
The highest nationally available rate is 3.90% APY, 71 basis points above the Connecticut leader.
7 of the 11 Connecticut business savings accounts advertise more than the FDIC national average of 0.38% for savings accounts as of Oct 2026.
Connecticut-Specific Business Savings Accounts
Business Savings accounts specifically available to Connecticut residents.
| # | Institution & Rate | Earned in a year at $10,000 | Requirements & Features | Minimum Deposit | Actions |
|---|---|---|---|---|---|
| #1 | Show Details | +$319per year | Deposit Insurance FDIC InsuredFeatures Low MinimumsIn-Person Access | $1,000 | |
| #2 | The Camden National Bank Business High-Yield Savings Account Up to3.00%APY Needs at least $250,000 Observed: Oct 21, 2026 Show Details | +$200per yearEffective: 2.00% | Deposit Insurance FDIC InsuredRequires Linked Account Features Low MinimumsIn-Person Access | $100 | |
| #3 | Patriot Bank, National Association Premium Business Savings Up to1.50%APY Needs at least $250,000 Observed: Oct 19, 2026 Show Details | +$50per yearEffective: 0.50% | We could not confirm: minimum deposit. Deposit Insurance FDIC InsuredFeatures No MinimumsIn-Person Access | N/A | |
| #4 | Patriot Bank, National Association Premium Nonprofit Savings Up to1.00%APY Needs at least $250,000 Observed: Oct 19, 2026 Show Details | +$50per yearEffective: 0.50% | We could not confirm: minimum deposit. Deposit Insurance FDIC InsuredFeatures No MinimumsIn-Person Access | N/A | |
| #5 | Patriot Bank, National Association Premium Municipal Savings Up to1.50%APY Needs at least $250,000 Observed: Oct 19, 2026 Show Details | +$50per yearEffective: 0.50% | We could not confirm: minimum deposit. Deposit Insurance FDIC InsuredFeatures No MinimumsIn-Person Access | N/A | |
| #6 | Show Details | +$50per year | Deposit Insurance FDIC InsuredFeatures Low MinimumsIn-Person Access | $5 | |
| #7 | DR Bank Business Savings Up to0.50%APY Needs a linked account at the bank and at least $50,000 · 0.05% to 0.15% without the linked account Observed: Oct 23, 2026 Show Details | +$5per yearEffective: 0.05% | Deposit Insurance FDIC InsuredRequires Linked Account Features Low MinimumsIn-Person Access | $500 | |
| #8 | The Camden National Bank Business Savings Account Up to0.05%APY Needs at least $100,000 Observed: Oct 21, 2026 Show Details | +$3per year | Deposit Insurance FDIC InsuredFeatures Low MinimumsIn-Person Access | $25 | |
| #9 | Show Details | +$1per year | Deposit Insurance FDIC InsuredFeatures Low MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported | $100 | |
| #10 | First County Bank First Business Savings Up to0.03%APY Needs at least $100,000 Min. balance: $1 Observed: Oct 23, 2026 Show Details | +$1per year | Deposit Insurance FDIC InsuredFeatures Low MinimumsIn-Person Access | $50 | |
| #11 | Patriot Bank, National Association Business Savings Up to0.05%APY Needs at least $250,000 Observed: Oct 19, 2026 Show Details | +$1per year | We could not confirm: minimum deposit. Deposit Insurance FDIC InsuredFeatures No MinimumsIn-Person Access | N/A |
New Haven Bank
IOLTA Account
What to Watch
The account holder does not receive the interest. It is transferred automatically to the Connecticut Bar Foundation.
Show Fine Print & Trends Hide Details
| Min. Deposit | $1,000 |
| Min. Balance | $1,000 |
| Maintenance Fee | $0 |
| Compound Freq | monthly |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 58952) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
The Camden National Bank
Business High-Yield Savings Account
Needs at least $250,000
What to Watch
Needs a Camden National Bank business checking account while this account is open. Deposits must be new money, not transfers from other accounts at the bank. Public fund accounts are excluded.
Show Fine Print & Trends Hide Details
| Min. Deposit | $100 |
| Min. Balance | N/A |
| Maintenance Fee | $0 |
| Compound Freq | N/A |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 4255) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
No movement is shown for an “Up to” rate.
Patriot Bank, National Association
Premium Business Savings
Needs at least $250,000
What to Watch
Premium savings accounts are only available with their corresponding checking account.
We could not confirm: minimum deposit.
Show Fine Print & Trends Hide Details
| Min. Deposit | N/A |
| Min. Balance | N/A |
| Maintenance Fee | $0 |
| Compound Freq | N/A |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 33928) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
No movement is shown for an “Up to” rate.
Patriot Bank, National Association
Premium Nonprofit Savings
Needs at least $250,000
What to Watch
Premium savings accounts are only available with their corresponding checking account.
We could not confirm: minimum deposit.
Show Fine Print & Trends Hide Details
| Min. Deposit | N/A |
| Min. Balance | N/A |
| Maintenance Fee | $0 |
| Compound Freq | N/A |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 33928) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
No movement is shown for an “Up to” rate.
Patriot Bank, National Association
Premium Municipal Savings
Needs at least $250,000
What to Watch
Premium savings accounts are only available with their corresponding checking account.
We could not confirm: minimum deposit.
Show Fine Print & Trends Hide Details
| Min. Deposit | N/A |
| Min. Balance | N/A |
| Maintenance Fee | $0 |
| Compound Freq | N/A |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 33928) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
No movement is shown for an “Up to” rate.
The Torrington Savings Bank
Business Savings
Show Fine Print & Trends Hide Details
| Min. Deposit | $5 |
| Min. Balance | $5 |
| Maintenance Fee | $0 |
| Compound Freq | N/A |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 16636) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
DR Bank
Business Savings
Needs a linked account at the bank and at least $50,000 · 0.05% to 0.15% without the linked account
What to Watch
A higher rate applies with a minimum $500 average daily balance in a DR Bank checking account.
Show Fine Print & Trends Hide Details
| Min. Deposit | $500 |
| Min. Balance | N/A |
| Maintenance Fee | $0 |
| Compound Freq | N/A |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 58257) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
No movement is shown for an “Up to” rate.
The Camden National Bank
Business Savings Account
Needs at least $100,000
Show Fine Print & Trends Hide Details
| Min. Deposit | $25 |
| Min. Balance | N/A |
| Maintenance Fee | $0 |
| Compound Freq | N/A |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 4255) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
No movement is shown for an “Up to” rate.
Bank of America
Business Advantage Savings
Show Fine Print & Trends Hide Details
| Min. Deposit | $100 |
| Min. Balance | $0 |
| Maintenance Fee | $0 |
| Compound Freq | Monthly |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 3510) |
| Eligibility | United States |
| Zelle® | SupportedLimit: $3,500 /dayFounding member; highest limits for established users. |
| Mobile Ratings | |
| BBB Rating | A+(BBB Accredited) |
Rate Stability
First County Bank
First Business Savings
Needs at least $100,000
Show Fine Print & Trends Hide Details
| Min. Deposit | $50 |
| Min. Balance | $1 |
| Maintenance Fee | $0 |
| Compound Freq | N/A |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 18204) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
No movement is shown for an “Up to” rate.
Patriot Bank, National Association
Business Savings
Needs at least $250,000
We could not confirm: minimum deposit.
Show Fine Print & Trends Hide Details
| Min. Deposit | N/A |
| Min. Balance | N/A |
| Maintenance Fee | $0 |
| Compound Freq | N/A |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 33928) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
No movement is shown for an “Up to” rate.
Nationally Available Business Savings Accounts
The 8 highest-rate business savings accounts available nationwide, including in Connecticut.
| Institution | Product / Term | APY |
|---|---|---|
| Prime Alliance Bank | Business Savings Accountneeds at least $200,000 | Up to3.90% |
| Climate First Bank | Super Savings | 3.56% |
| Axos Bank | Business Premium Savings | 3.50% |
| Capital One | Business Savings Account | 3.50% |
| Live Oak Bank | Business Savings | 2.75% |
| TAB Bank | Business Savings | 0.25% |
| Chase Bank | Chase Business Total Savingsneeds a linked account at the bank | 0.01% |
| Chase Bank | Chase Business Premier Savingsneeds a linked account at the bank | 0.01% |