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 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%
  

Consumer Assistance