Bank · FDIC insured
The Milford Bank CD Rates
The Milford Bank’s best CD rate is 0.35% APY on a 5-year CD. Terms run from 3 months to 5 years. Rates checked October 22, 2026.
How The Milford Bank’s CD rates compare
Compared with banks and credit unions near New Haven, CT, where The Milford Bank has the most branches. $10,000, best rate first.
This bank’s best
The Milford Bank
0.35%APY
- Term
- 60 months
- Minimum
- $1,000
- Earns on $10,000
- $176
Certificate of Deposit
Top rate
Connecticut State Police Credit Union
4.86%APY
- Term
- 120 months
- Minimum
- $500
- Earns on $10,000
- $6,065
2nd-highest rate
Nutmeg State Financial Credit Union
4.60%APY
- Term
- 14 months
- Minimum
- $1,000
- Earns on $10,000
- $539
The Milford Bank CD score
60
CD score
Higher than 1% of U.S. banks and credit unions
- 3–8 months3–8 mo0.05%
- 9–15 months9–15 mo0.10%
- 16–30 months16–30 mo0.25%
- 31–60 months31–60 mo0.35%
- QualifiedQualified0.35%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where The Milford Bank ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Certificate of Deposit
Up to 0.35%APY · 9 terms
$1,000.00 minimum daily balance to receive interest at disclosed APY. No deposits before maturity. Penalty may be imposed for withdrawal of principal before maturity. Interest withdrawal only after credited to account. Rates guaranteed for the length of the term. Interest is compounded and credited monthly.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 monthsFixed rate for the term of the deposit. Interest is compounded and credited monthly. Early withdrawal penalties may be imposed | 0.05% | $1 |
| 6 monthsFixed rate for the term of the deposit. Interest is compounded and credited monthly. Early withdrawal penalties may be imposed | 0.05% | $2 |
| 12 monthsFixed rate for the term of the deposit. Interest is compounded and credited monthly. Early withdrawal penalties may be imposed | 0.10% | $10 |
| 18 monthsFixed rate for the term of the deposit. Interest is compounded and credited monthly. Early withdrawal penalties may be imposed | 0.10% | $15 |
| 24 monthsFixed rate for the term of the deposit. Interest is compounded and credited monthly. Early withdrawal penalties may be imposed | 0.15% | $30 |
| 30 monthsFixed rate for the term of the deposit. Interest is compounded and credited monthly. Early withdrawal penalties may be imposed | 0.25% | $63 |
| 36 monthsFixed rate for the term of the deposit. Interest is compounded and credited monthly. Early withdrawal penalties may be imposed | 0.25% | $75 |
| 48 monthsFixed rate for the term of the deposit. Interest is compounded and credited monthly. Early withdrawal penalties may be imposed | 0.30% | $121 |
| 60 monthsFixed rate for the term of the deposit. Interest is compounded and credited monthly. Early withdrawal penalties may be imposed | 0.35% | $176 |
Sources (2)
All captured Sep 19, 2026
Special-purpose accounts
Floating Rate IRA Certificate of Deposit
0.20%APY · 1 term
Penalty for withdrawal before maturity may apply: If account has an original maturity of one year or less = three months interest on amount withdrawn; if more than one year = six months interest on amount withdrawn. Deposits are accepted without extending the maturity date of the CD. Variable interest rate. Interest is compounded and paid monthly. Traditional and Roth IRA options available.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 12–Unknown monthsVariable interest rate. Interest is compounded and paid monthly. Deposits are accepted without extending the maturity date of the CD. Early withdrawal penalties may be imposed | 0.20% | $20 |
Sources (3)
- milford.bank/iras-milford-bank
- milford.bank/certificates-of-deposit-milford-bank
- milford.bank/cd-savings-rates-milford-bank
All captured Sep 19, 2026
Closed to new customers
Prestige Only CD
0.25%APY
Prestige relationship only. Rolls to a 2 Year CD at maturity. Fixed rate for the term of the deposit. Interest is compounded and credited monthly. Early withdrawal penalties may be imposed.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $1,000 and upPrestige relationship only. Fixed rate for the term of the deposit. Interest is compounded and credited monthly. Early withdrawal penalties may be imposed. Rolls to a 2 Year CD at maturity.$1,000 and up | 0.25% | $25 | Prestige relationship only. Fixed rate for the term of the deposit. Interest is compounded and credited monthly. Early withdrawal penalties may be imposed. Rolls to a 2 Year CD at maturity. |
Sources (1)
- milford.bank/cd-savings-rates-milford-bank · captured Sep 19, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.