Litchfield Board News

Security Deposit Interest Rates

INTEREST RATE INFORMATION

for Rental Security Deposit, Mortgage Escrow Account,
Public Service Company and Electric Supplier Customer Security Deposits

Follow these links for rental security deposit or mortgage escrow account questions.

 

Current Interest Rate *

                         Accounts                                                                                                                      Interest Rate


2010

 

claims for property, funds, or money delivered to the State Treasurer, mortgage escrow accounts, public service company, certified telecommunications provider, and electric supplier customer security deposits and tenant security deposits

1.5 %

 

* In accordance with Sections 3-70a(e), 16-262j(d), 47a-21(i)(2) and 49-2a of the Connecticut General Statutes, the deposit index for calendar year 2010 is 0.34%. However, Sections 3-70a(e), 16-262j(c), 47a-21(i)(1) and 49-2a(a) provide that in no event shall the rate be less than 1.5%. Therefore, the interest rate to be paid on claims for property, funds or money delivered to the State Treasurer pursuant to Section 3-57a(a)(1) or (2), and mortgage escrow accounts, public service company, certified telecommunications provider and electric supplier customer security deposits and tenant security deposits is 1.5% for the period commencing January 1, 2010 and ending December 31, 2010.

 


Previous Interest Rates

  Accounts Interest Rate
2009 claims for property, funds, or money delivered to the State Treasurer, mortgage escrow accounts, public service company, certified telecommunications provider, and electric supplier customer security deposits and tenant security deposits

1.5 %

2008

claims for property, funds, or money delivered to the State Treasurer, 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, rental security, public service company and electric supplier customer security deposits 1.5 %
2006 mortgage escrow accounts, rental security, public service company and electric supplier customer security deposits 1.5 %
2005 mortgage escrow accounts, rental security, public service company and electric supplier customer security deposits 1.5 %
2004 mortgage escrow accounts, rental security, public service company and electric supplier customer security deposits 1.5 %
2003 mortgage escrow accounts, rental security, public service company and electric supplier customer security deposits 1.5 %
2002 mortgage escrow accounts, rental security, public service company and electric supplier customer security deposits 1.5 %
2001 mortgage escrow accounts, rental security, public service
company and electric supplier customer security deposits
2.4 %
2000 mortgage escrow accounts, rental security, public service
company 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%
October 1, 1992
to June 30, 1993
mortgage escrow accounts and rental security deposits 4.0%
October 1, 1992
to June 30, 1993
public service company security deposits 8.0%
October 1, 1985 to
September 30, 1992
mortgage escrow accounts 5.25%
October 1, 1982 to
September 30, 1992
rental security deposits 5.25%
January 1, 1978 to
September 30, 1985
mortgage escrow accounts 4.0%
October 1, 1973 to
September 30, 1982
rental security deposits 4.0%

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