Happy couple taking key for new house from real estate agent

IOREBTA (Interest on Real Estate Brokers Trust Account)

Created by the CT Legislature, the IOREBTA is a program that requires CT Real Estate Brokers to deposit funds held in escrow into interest-bearing accounts. The interest is automatically transferred to the CT Housing Finance Authority (CHFA), which provides mortgage assistance to low- and moderate-income families in need of new homes.

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IOREBTA Highlights

No Monthly Maintenance Service Charges

Save money on banking fees with your IOREBTA account.

Community Support

Interest on client funds is automatically transferred to the CT Housing Finance Authority, which provides mortgage assistance to those in need.

Convenience Services

Manage your account from anywhere with our easy-to-use online banking and cash management services.

Current Interest on Real Estate Brokers Trust Accounts (IOREBTA) Rates

Annual Percentage Yield Effective Date: 12/13/2023

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Tier

Interest Rate

APY

$.01 +

2.75%

2.78%

For accounts established with a Tax ID number of CHFA.
For more information or to open an account, please visit your local branch.

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