"The Bank has been the easiest bank to deal with. The customer service is fantastic! Whether it's in person, in the branch or over the phone, all transactions are handled quickly, efficiently and professionally."
- Jeanne Jamieson, Chapel Haven Schleifer Center
Rates
Review the current rates for our deposit accounts.
Personal Deposit Rates
Rates are as of September 23, 2019 and are subject to change at any time. APY is the Annual Percentage Yield. Annual Percentage Yield( APY) assumes original deposit and all accumulated interest remain on account for a one year period.
NHB Savings
| Interest Rate | APY |
|---|---|
| 0.20% | 0.20% |
High-Rate Savings*
| Interest Rate | APY |
|---|---|
| 1.78% | 1.80% |
*The Annual Percentage Yield (APY) is accurate as of September 23, 2019. Limited time offer. Rates subject to change at any time. Minimum balance to open and earn APY is $10,000. Fees could reduce earnings. To obtain the high-rate savings account APY customers must open a checking account with a minimum average daily balance of $5,000. Funds must represent a new deposit to New Haven Bank.
NHB Money Market Account
| Minimum average daily balance to earn interest and obtain the stated APY | Interest Rate | APY |
|---|---|---|
| $1,000 | .15% | .15% |
| $10,000 | .20% | .20% |
| $50,000 | .30% | .30% |
| $100,000 | .40% | .40% |
Certificates of Deposit (Regular and IRAs)
| Maturity | Interest Rate | APY |
|---|---|---|
| 3 month | .20% | .20% |
| 6 month | .25% | .25% |
| 9 month | 1.00% | 1.00% |
| 1 year | 1.00% | 1.00% |
| 18 month | 1.24% | 1.25% |
| 2 year | 1.49% | 1.50% |
| 3 year | 1.24% | 1.25% |
| 4 year | 1.24% | 1.25% |
| 5 year | 1.24% | 1.25% |
Business Deposit Rates
Business Checking with Interest
| Interest Rate | APY |
|---|---|
| .10% | .10% |
Business Money Market Account
| Minimum average daily balance to earn interest and obtain the stated APY | Interest Rate | APY |
|---|---|---|
| $1,000 | .15% | .15% |
| $10,000 | .20% | .20% |
| $50,000 | .30% | .30% |
| $100,000 | .40% | .40% |
NHB Savings
| Interest Rate | APY |
|---|---|
| 0.20% | 0.20% |
IOLTA Account
| Minimum average daily balance to earn interest and obtain the stated APY | Interest Rate | APY |
|---|---|---|
| $1,000 | 1.00% | 1.00% |
High-Rate Savings*
| Interest Rate | APY |
|---|---|
| 1.78% | 1.80% |
*The Annual Percentage Yield (APY) is accurate as of September 23, 2019. Limited time offer. Rates subject to change at any time. Minimum balance to open and earn APY is $10,000. Fees could reduce earnings. To obtain the high-rate savings account APY customers must open a checking account with a minimum average daily balance of $5,000. Funds must represent a new deposit to New Haven Bank.
All rates are subject to change without notice.
Interest is compounded monthly and credited or paid monthly unless otherwise noted.
Fees could reduce the earnings on the account. Customer must maintain minimum balance as stated to obtain APY (annual percentage yield).
Substantial penalty on early withdrawal on Certificates of Deposit/CDs.
APY (annual percentage yield) assumes original deposit and all interest remains on deposit for a one year period; a withdrawal will reduce earnings.