At Eastern Federal Bank, residents of Connecticut can get 2.30% APY on certificates of deposit for 72 months.
The bank requires savers to make a deposit of $500 at least to qualify for the rate. The same minimum deposit amount will bring in 2.15% APY on CDs for 60 months.
The 60 month deal from the bank is among the best on CDs for the term. To be eligible to buy the CD, you should either be a resident or worker in the south-east corner of New London County. You will have to go to the bank in person to avail the CD.