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Certificate of Deposit (CD) Account in CT

One of the most effective tools for saving and growing your money is through Certificates of Deposit (CDs). GSB offers CD options across a wide range of terms - open yours today!

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Get low-risk, guaranteed rates with a gsb certificate of deposit

Certificates of Deposit (CDs) allow you to earn a fixed interest rate over a specific period of time in exchange for your deposit. We offer a wide range of term options because we know that everyone has different financial goals. Explore the benefits of opening a CD at GSB below!

Certificate of Deposit Perks

Guaranteed, competitive interest rates

CDs generally offer higher interest rates than traditional savings accounts, and when you lock in a fixed interest rate for a specified period with a CD you’re ensuring that you know exactly how much interest you will earn on your investment, regardless of interest rate changes in the market.

Diversification and term options

Including Certificates of Deposit in your investment portfolio can help diversify your assets and reduce overall risk. Since GSB offers a range of term options, you can choose the duration that best aligns with your financial goals and objectives.

Convenience and Financial Security

CDs are easy to open, require minimal paperwork and coordination, and provide a simple way to earn a great return on your funds. Not to mention that you also get the assurance of guaranteed returns, and the protection of up-to-maximum FDIC deposit insurance.

Ready to open your CD?

Click the button to open online, or scroll down to view our CD rates table below.

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Deposit Rates

Rates as of 03/27/2025

CDs
Print rates

CD ACCOUNTS

ACCOUNT

INTEREST RATE/APY WITH PRIME ACCESS CHECKING ACCOUNT¹

INTEREST RATE/APY WITH PREFERRED ACCESS OR ACCESS CHECKING ACCOUNT¹

INTEREST RATE/ ANNUAL PERCENTAGE YIELD (APY)

MINIMUM DAILY BALANCE TO EARN APY*

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24 MONTH SMART CD^{1, 3}
Open with Prime, Preferred, or Access Checking

2.96% / 3.00%

Preferred: 2.47% / 2.50%
Access: 2.47% / 2.50%

n/a

$5,000.00

Explore CDs
(24 MONTH SMART)

24 MONTH SMART IRA CD^{1, 3}

2.96% / 3.00%

2.47% / 2.50%

n/a

$5,000.00

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(SMART IRA-24 MONTH)

17 MONTH SMART CD+^{1, 3}
Open with Prime, Preferred, or Access Checking

3.15% / 3.20%

Preferred: 2.67% / 2.70%
Access: 2.67% / 2.70%

n/a

$5,000.00

Explore CDs
(17 MONTH SMART)

17 MONTH SMART IRA CD+^{1, 3}

3.15% / 3.20%

2.67% / 2.70%

n/a

$5,000.00

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(SMART IRA-17 MONTH)

12 MONTH SMART CD^{1, 3}
Open with Prime, Preferred, or Access Checking

3.445% / 3.50%

Preferred: 2.96% / 3.00%
Access: 2.96% / 3.00%

n/a

$5,000.00

Explore CDs
(12 MONTH SMART)

12 MONTH SMART IRA CD^{1, 3}

3.445% / 3.50%

2.96% / 3.00%

n/a

$5,000.00

Learn More
(SMART IRA-12 MONTH)

9 MONTH SMART CD^{1, 3}
Open with Prime, Preferred, or Access Checking

3.69% / 3.75%

Preferred: 3.20% / 3.25%
Access: 3.20% / 3.25%

n/a

$5,000.00

Explore CDs
(9 MONTH SMART)

9 MONTH SMART IRA CD^{1, 3}

3.69% / 3.75%

3.20% / 3.25%

n/a

$5,000.00

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(SMART IRA-9 MONTH)

5 MONTH SMART CD^1,3
Open with Prime, Preferred, or Access Checking

3.93% / 4.00%

Preferred: 3.445% / 3.50%
Access: 3.445% / 3.50%

n/a

$5,000.00

Explore CDs
(5 MONTH SMART)

18 MONTH CD²

.35% / .35%

.15% / .15%

.05% / .05%

$1,000.00

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9 MONTH CD² OR IRA CD²

.20% / .20%

.05% / .05%

$1,000.00

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6 MONTH CD²

.10% / .10%

.05% / .05%

$1,000.00

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3 MONTH CD²

.10% / .10%

.05% / .05%

$1,000.00

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5 YEAR CD² OR IRA CD²

1.00% / 1.00%

.30% / .30%

.20% / .20%

$1,000.00

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4 YEAR CD² OR IRA CD²

.85% / .85%

.25% / .25%

.15% / .15%

$1,000.00

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3 YEAR CD² OR IRA CD²

.75% / .75%

.20% / .20%

.10% / .10%

$1,000.00

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2 YEAR CD² OR IRA CD²

.50% / .50%

.15% / .15%

.05% / .05%

$1,000.00

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1 YEAR CD² OR IRA CD²

.25% / .25%

.10% / .10%

.05% / .05%

$1,000.00

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View Disclosures

Fees may reduce earnings. A penalty for early withdrawal may apply.
*Daily Balance is the amount of principal in the account each day. Closing fee and other charges may apply.
1. Checking relationship required. The interest rate on this account is based on your related Access, Preferred Access, or Prime Access checking account. Please visit a branch, call us at (203) 453-2721 or refer to https://mygsb.bank/personal/bank/deposit-rates/ for rates and tiers currently in effect
2. The minimum amount to open the account is $1,000.00.
3. The minimum amount to open the account is $5,000.00.
4. New and existing customers eligible, but funding may not come from a current GSB account.

The Guilford Savings Bank, Member FDIC