Deposit Rates

Our rates are always working in your best interests. 

Earn more on your savings

At Patriot Bank, we're dedicated to providing competitive rates so you can get more for your money, no matter what you're building your savings for.

Patriot Bank is a full-service financial institution with branches in the Connecticut counties of Fairfield and New Haven, as well as in Scarsdale, New York.

Deposit Rates

Effective Date: 1/24/2021
*Rates are subject to change at any time

Product Type

Tier

Interest Rate

Annual Percentage Yield

Personal Accounts

Star Banking

Less than $100,000

0.01%

0.01%

$100,000 and Over

0.05%

0.05%

Star Savings1

Less than $100,000

0.05%

0.05%

$100,000 and Over

0.25%

0.25%

90 Day Bonus Rate

.50%

.51%

Money Market

Less than $100,000

0.01%

0.01%

$100,000 and Over

0.05%

0.05%

Savings

0.01%

0.01%

Youth Savings

0.01%

0.01%

Health Savings Account

0.01%

0.01%

Business Accounts

Premium Savings2

Less than $100,000

0.05%

0.05%

$100,000 and Over

0.25%

0.25%

90 Day Bonus Rate

.50%

.51%

Business Savings

Less than $100,000

0.01%

0.01%

$100,000 and Over

0.05%

0.05%

Business Money Market

Less than $100,000

0.01%

0.01%

$100,000 and Over

0.05%

0.05%

Patriot Bank at Work Savings

Less than $100,000

0.10%

0.10%

$100,000 and Over

0.25%

0.25%

Certificate of Deposit4, 6

$500 Minimum unless otherwise noted – Early Withdrawal Penalties May Apply
Effective Date: 1/24/2021
*Rates are subject to change at any time

Term

Interest Rate

Annual Percentage Yield

3 Month

0.05%

0.05%

5 Month

0.05%

0.05%

6 Month

0.05%

0.05%

9 Month

0.05%

0.05%

1 Year

0.20%

0.20%

18 Month

0.20%

0.20%

2 Year

0.30%

0.30%

30 Month

0.30%

0.30%

3 Year

0.30%

0.30%

4 Year

0.30%

0.30%

5 Year

0.30%

0.30%

Star Relationship CD4, 5

9 Month Special

.54%

.55%

12 Month Special

.59%

.60%

  1. Star Savings is only available with a Star Banking account. Promotional 90-day Bonus rate available for new money only. New Money is defined as money not on deposit with Patriot Bank within the last 180 days. An aggregate minimum balance of $15,000 between Star Banking (checking) and any other non-checking deposit product is required. Accounts must be linked via Combined Statements.
  2. Premium Savings accounts are only available with their corresponding Checking account. Promotional 90-day Bonus rate available for new money only. New Money is defined as money not on deposit with Patriot Bank within the last 180 days. A $5,000 minimum average daily collected balance requirement on all Premium business savings accounts to avoid a monthly maintenance fee. Minimum Balances on Business Checking accounts apply. See Ancillary Fee Disclosure for details.
  3. Premium Municipal Savings and Premium Nonprofit Savings accounts are only available with their corresponding Checking account. Promotional 90-day Bonus rate available for new money only. New Money is defined as money not on deposit with Patriot Bank within the last 180 days. A $5,000 minimum average daily collected balance requirement on all Premium business savings accounts to avoid a monthly maintenance fee. Minimum Balances on Business Checking accounts apply. See Ancillary Fee Disclosure for details.
  4. Includes IRAs.
  5. Star Banking Relationship is required with a Star Banking checking account with an aggregate minimum balance of at least $15,000 between the Star Banking checking and Star Savings. No new money requirement.
  6. For Star Banking Relationship Customers, an additional bonus rate of 25 basis points applies to the posted non-promotional Certificate of Deposit Rates. The bonus rate on CDs does not apply to promotional or special rate CDs or to special rates on CDs offered for a promotional period.