DOB: Connecticut Deposit Index and Interest Rates

Deposit Index and Interest Rates

Pursuant to Sections 16-262j(d), 47a-21(i)(2) and 49-2a(c) of the Connecticut General Statutes, the Commissioner has determined the deposit index for the calendar year 2014 to be 0.09%.

Calendar Year 2014

Account Statutory Cite Interest Rate
Rental Security Deposits 47a-21(i)(2) 0.09%
Claims for property, funds, or money delivered to the State Treasurer 3-70a(e) 0.09%
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(d)
(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%

  Contact the department for rental security deposit or mortgage escrow account questions.


 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 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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