DOB: Connecticut Rental Security Deposit And Mortgage Escrow Interest Rate

Interest Rates
for Rental Security Deposit; Mortgage Escrow Account;
Public Service Company, Certified Telecommunications Provider
and Electric Supplier Customer Security Deposits;
and Claims for Property, Funds, or Money delivered to the State Treasurer


Unless otherwise noted, all interest rate time periods run from January 1 through December 31. Contact the department for rental security deposit or mortgage escrow account questions.

Current Interest Rate*

Period of Time Accounts Interest Rate
2014
rental security deposit, claims for property, funds, or money delivered to the State Treasurer and mortgage escrow accounts
0.09%
2014
public service company, certified telecommunications provider and electric supplier customer security deposits
1.5 %

* In accordance with Sections 3-70a(e), 16-262j(d), 47a-21(i)(2) and 49-2a(c) of the Connecticut General Statutes, the deposit index for calendar year 2014 is 0.09%.  However, Section 16-262j(c) provides that in no event shall the rate be less than 1.5%.  Therefore, the interest rate to be paid on public service company, certified telecommunications provider and electric supplier customer security deposits is 1.5% for the period commencing January 1, 2014 and ending December 31, 2014. 

 Previous Deposit Indexes
 
The deposit index for calendar year (CY) 2013 is 0.11%; for CY 2012 is 0.16%; for CY 2011 is 0.28%; for CY 2010 is 0.34%; for CY 2009 is 0.60%; for CY 2008 is 0.94%; for CY 2007 is 0.94%; for CY 2006 is 0.76%; for CY 2005 is 0.53%; for CY 2004 is 0.55%.
 
 

Previous Interest Rates
Period of Time Accounts Interest Rate
2013
rental security deposit and claims for property, funds, or money delivered to the State Treasurer and, effective October 1, 2012, mortgage escrow accounts
 
   0.11%   
public service company, certified telecommunications provider and electric supplier customer security deposits and, between January 1, 2012 and Sept. 30, 2012, mortgage escrow accounts
 1.5%
2012
rental security deposit and claims for property, funds, or money delivered to the State Treasurer and, effective October 1, 2012, mortgage escrow accounts
 
 0.16%
public service company, certified telecommunications provider and electric supplier customer security deposits and, between January 1, 2012 and Sept. 30, 2012, mortgage escrow accounts
  1.5%
2011 mortgage escrow accounts, public service company, certified telecommunications provider and electric supplier customer security deposits and tenant security deposits 1.5%
2010
mortgage escrow accounts, public service company, certified telecommunications provider, and electric supplier customer security deposits and tenant security deposits
1.5%
2009 mortgage escrow accounts, public service company, certified telecommunications provider, and electric supplier customer security deposits and tenant security deposits 1.5%
2008
mortgage escrow accounts, public service company, certified telecommunications provider, and electric supplier customer security deposits and tenant security deposits
1.5%
2007 mortgage escrow accounts, public service company, certified telecommunications provider, and electric supplier customer security deposits and tenant security deposits 1.5%
2006 mortgage escrow accounts, public service company, certified telecommunications provider, and electric supplier customer security deposits and tenant security deposits 1.5%
2005 mortgage escrow accounts, public service company, certified telecommunications provider, and electric supplier customer security deposits and tenant security deposits 1.5%
2004 mortgage escrow accounts, public service company, certified telecommunications provider, and electric supplier customer security deposits and tenant security deposits 1.5 %
2003 mortgage escrow accounts, rental security, public service company, certified telecommunications provider and electric supplier customer security deposits 1.5 %
2002 mortgage escrow accounts, rental security, public service company, certified telecommunications provider and electric supplier customer security deposits 1.5 %
2001 mortgage escrow accounts, rental security, public service company, certified telecommunications provider and electric supplier customer security deposits 2.4%
2000 mortgage escrow accounts, rental security, public service company, certified telecommunications provider and electric supplier customer security deposits 2.2%
1999 mortgage escrow accounts, rental security, public service company and electric supplier customer security deposits 2.3%
1998 mortgage escrow accounts, rental security and
public service company customer security deposits
2.6%
1997 mortgage escrow accounts, rental security and
public service company customer security deposits
2.8%
1996 mortgage escrow accounts, rental security and
public service company customer security deposit
3.1%
1995 mortgage escrow accounts, rental security and
public service company customer security deposit
2.8%
1994 mortgage escrow accounts, rental security and
public service company customer security deposit
2.5%
1993 mortgage escrow accounts and rental security deposits 2.9%
10/1/92 to
6/30/93
mortgage escrow accounts and rental security deposits 4.0%
10/1/92 to
6/30/93
public service company security deposits 8.0%
10/1/85 to
9/30/92
mortgage escrow accounts 5.25%
10/1/82 to
9/30/92
rental security deposits 5.25%
1/1/78 to
9/30/85
mortgage escrow accounts 4.0%
10/1/73 to
9/30/82
rental security deposits 4.0%
Where used, some dates are in a month/day/year format.

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