Windsor Federal Savings and Loan Rates & Review

Windsor Federal Savings and Loan review

Windsor Federal Savings and Loan Association was founded in 1936. The bank provides personal checking and savings accounts, business banking and loan products and services throughout the state of Connecticut.

Personal checking and savings

Windsor Federal offers a variety of personal savings and checking account choices. Totally Free Plus Checking is an account free of minimum balance requirements and monthly service charges for customers who open the account with a low minimum balance. This account offers free unlimited check writing, unlimited withdrawals at ATMs owned by Windsor Federal Savings, 24-hour banking, Internet banking, bill pay, e-statements, unlimited point-of-sale transactions, foreign ATM withdrawals up to a certain limit and a free MasterMoney debit card.

High yield savings account options include the interest-bearing Statement Savings, Holiday Savings Clubs, money market accounts, CDs and IRAs.

Business banking

Business customers can choose between a variety of checking account options including non-profit checking and totally free business checking. Earnings Credit Checking is for businesses or organizations that have a high transaction volume or that maintain larger account balances where the "earnings credit" will reduce or eliminate monthly service charges.

Business services include commercial mortgages and loans, lines of credit, escrow accounts, and real estate trust accounts.

Loans

Windsor Federal offers home mortgages, home equity lines of credit and personal loans for expenditures including home improvements, college expenses or family vacations.

FDIC insurance

Deposits at Windsor Federal are FDIC-insured up to at least $250,000 per depositor.