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Savings Accounts

In addition to Savings Accounts, we also offer CDs and Milford's Best Checking Account.

Statement Savings

  • $25.00 minimum to open
  • $100.00 minimum balance or $2.00 fee per statement cycle applies (unless under 18 years of age)
  • $5.00 minimum daily balance to receive disclosed Annual Percentage Yield (APY)
  • Click here for current rates.

Notes:
Transfers from this account to another account or to third parties by pre-authorized, automatic, or telephone transfer are limited to six per month or statement cycle with no more than three by debit card or similar order to third parties.

Benefits:

  • Free ATM Card
  • Deposits and withdrawals can be made at any time
  • Low minimum opening deposit
  • Low minimum balance required
  • Up to six transfers per month

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Sound Money Fund

  • $1,000.00 minimum to open
  • Minimum daily balance of $1,000.00 or a $10.00 fee per statement cycle applies
  • $5.00 minimum daily balance to receive interest at disclosed Annual Percentage Yield (APY)
  • Click here for current rates.

Notes:
Transfers from this account to another account or to third parties by pre-authorized, automatic, or telephone transfer are limited to six per month or statement cycle with no more than three by check, draft, or similar order.

Benefits:

  • Up to six transfers per month
  • Unlimited withdrawals with withdrawal slips

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Passbook Savings Account

  • $25.00 minimum to open
  • $100.00 minimum balance or $2.00 fee per statement cycle applies (unless under 18 years of age)
  • $5.00 minimum daily balance to receive disclosed Annual Percentage Yield (APY)
  • Click here for current rates.

Benefits:

  • Low minimum opening balance
  • Low minimum balance required

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Holiday Club Account

  • $5.00 minimum daily balance to receive disclosed Annual Percentage Yield (APY)

Note:
Withdrawal of principal before maturity may close account and impose a $5.00 fee. Interest may not be withdrawn before maturity.

Benefits:

  • Only $2.00 required to open an account
  • Interest is compounded daily and credited monthly, earning you more.
  • Click here for current rates.

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Reorder Checks


CDARs


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33 Broad St., Milford
259 Merwin Ave., Woodmont
205 Bridgeport Ave., Devon
1455 Boston Post Road, Milford
2366 Main Street, Stratford
142 Temple Street, Suite 306 New Haven, CT 06510 (Loan Production Office)
203-783-5700
CT toll free: 800-340-4TMB

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