DOB: Connecticut Deposit Index and Interest Rates

Deposit Index and Interest Rates

Pursuant to Section 38 of Public Act 65, the Commissioner has determined the deposit index for the calendar year 2017 to be 0.08%.

Calendar Year 2017

Account Statutory Reference1 Interest Rate
Rental Security Deposits 47a-21(i) 0.08%
Claims for property, funds, or money delivered to the State Treasurer 3-70a(e) 0.08%
Mortgage escrow accounts
49-2a
(section requires that the interest rate be not less than the deposit index, rounded to the nearest one-tenth of one percentage point)
0.10%
Public service company, certified telecommunications provider and electric supplier customer security deposits 16-262j(c)
(section requires that the interest rate be not less than the higher of the deposit index, rounded to the nearest one-tenth of one percentage point, or 1.5%)
1.5%

1See Public Act 16-65 for the most current version of the noted statutes.

 Previous Deposit Indexes

The deposit index for calendar year (CY) 2016 is 008%; for CY 2015 is 0.08%; for CY 2014 is 0.09%; for 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
2016 rental security deposit and claims for property, funds, or money delivered to the State Treasurer
0.08%
public service company, certified telecommunications provider and electric supplier customer security deposits
1.5%
mortgage escrow accounts
0.10%
2015 rental security deposit and claims for property, funds, or money delivered to the State Treasurer
0.08%
public service company, certified telecommunications provider and electric supplier customer security deposits
1.5%
mortgage escrow accounts
0.10%
2014 rental security deposit and claims for property, funds, or money delivered to the State Treasurer 0.09%
public service company, certified telecommunications provider and electric supplier customer security deposits 1.5%
mortgage escrow accounts 0.10%
2013 rental security deposit and claims for property, funds, or money delivered to the State Treasurer 0.11%
public service company, certified telecommunications provider and electric supplier customer security deposits 1.5%
mortgage escrow accounts 0.10%
2012 rental security deposit and claims for property, funds, or money delivered to the State Treasurer 0.16%
public service company, certified telecommunications provider and electric supplier customer security deposits 1.5%
mortgage escrow accounts, between January 1, 2012 and September 30, 2012 1.5%
mortgage escrow accounts, between October 1, 2012 and December 31, 2012
0.20%
 
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%
  

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