Savings, CD, IRA and Money Market

Let Us Help You Achieve Your Savings Goals
Farmington Bank offers a variety of savings accounts to help you achieve your individual financial goals.

Regular Savings

•Maintain a Minimum Balance of $100 to Earn Interest

•Maintain a Minimum Daily Balance of $200 to Avoid Service Charges

•Offers Electronic Transactions Including ATM Card Use, Direct Deposit, Pre-Authorized Transfers, and Telebanc

•Depending on Your Balance or Your Age,
You May be Able to Avoid All Service Charges

•Also available as a Holiday or Vacation Club Account

Earn Competitive Interest Rates While You Save for the Future

Certificates of Deposit

•Lock into a Fixed Rate and a Fixed Term

•Choose your Term from 91 Days to 5 Years

•Interest can be Paid Through a Withdrawal, a Monthly Check, or Through a Transfer to Another Farmington Bank Account

•Minimum to Open Account and Earn Interest is $500

Get the Convenience of a Checking with
the Money-Saving Power of a Savings

Money Market Account

•Combination Savings and Checking

•Earns Higher Interest than a NOW Account with Limited Check Writing Privileges

•Deposits and Withdrawals Can Be Made as Often as You Like at an ATM Machine,
or In Person

We'd Like to Help You Prepare for a Secure & Comfortable Retirement

Individual Retirement Accounts

•We Offer a Full Range of IRA Types

•Tax Benefits Offered. Consult your Tax Advisor for Specific Details

•Great Way to Save for Other Large Expenses, Such as a Child’s Education or a New Home

For more information, please refer to the “Deposit Account Agreement”, the “Electronic Fund Transfer and Cardholder’s Agreement”, the “Funds Availability Policy”, "Check 21", the “Discretionary Overdraft Privilege Policy”, the "Discretionary Overdraft Privilege Disclosure" and the “Schedule of Fees and Charges”.

We’d like to answer any questions you may have. Please visit one of our branches or contact us for more information about any of our Farmington Bank Savings accounts. You may also contact our IRA Department with retirement questions at (860) 284-6529.

* Consult your tax advisor for more information