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Certificates of Deposit - CD's

In addition to Certificates of Deposits, we also offer regular savings and other investment opportunities. We also have Milford's Best Checking Account.

Certificate of Deposit

  • $1,000.00 minimum to open
  • $1,000.00 minimum daily balance to receive interest at disclosed Annual Percentage Yield (APY)

Notes:
No deposits before maturity. A penalty may be imposed for withdrawal of principal before maturity. Interest withdrawal only after credited to account.

Benefits:

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Floating Rate Certificate of Deposit

  • $25.00 minimum to open

Notes:
Withdrawal of principal before maturity only with approval. Interest withdrawal only after credited to account.

Penalty for withdrawal before maturity may apply:

  1. If account has an original maturity of one year or less = three months interest on amount withdrawn.
  2. If account has an original maturity of more than one year = six months interest on amount withdrawn.


Benefits:

  • Flexible maturities

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33 Broad St., Milford; 259 Merwin Ave., Milford; 205 Bridgeport Ave., Milford;
1455 Boston Post Road, Milford; 295 Boston Post Road, Milford; 2366 Main Street; Stratford

203-783-5700 toll free: 800-340-4TMB; Contact Us
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