Torrington Savings Bank is headquartered in Torrington and is the 17th largest bank in the state of Connecticut. It is also the 1,013th largest bank in the nation. It was established in 1868 and as of December of 2020, it had grown to 114 employees at 9 locations. Torrington Savings Bank has an A+ health rating.
Overall | |
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FDIC Certificate # | 16636 |
Year Established | 1868 |
Employees | 114 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.02% |
Return on Equity - YTD | 0.1% |
Annual Interest Income | $24.7MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $894.4MM$829.5MM |
Loans | Q4 2020vs Q4 2019 | $524.0MM$529.3MM |
Deposits | Q4 2020vs Q4 2019 | $712.7MM$654.7MM |
Equity Capital | Q4 2020vs Q4 2019 | $171.5MM$170.8MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $5.3MM$4.7MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $4.0MM$3.3MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $0$223.00K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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5.12%* | - | $1k | First Time Savers Club | ||
OTHER TIERS: 0.10% → $1k+ | |||||
0.05% | $5 | - | Hometown Savings | ||
0.05% | - | - | Build Your Own Club Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.00% | $5 | - | IOLTA Checking | |
0.05% | $250 | - | Advantage NOW Checking | |
0.05% | $5 | - | Advantage 50 Checking | |
0.05% | $5 | - | IOREBTA Checking |
Torrington Savings Bank Locations | ||
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The Torrington Savings Bank | 129 Main Street | Torrington, CT 06790 |
Dibble Street Branch | 235 Dibble Street | Torrington, CT 06790 |
Burlington Branch | 258 Spielman Highway | Burlington, CT 06013 |
New Hartford Branch | 518 Main Street | New Hartford, CT 06057 |
Goshen Branch | 55 Sharon Turnpike | Goshen, CT 06756 |
North End Branch | 635 Main Street | Torrington, CT 06790 |
Falls Village Branch | Routes 7 and 126 | Falls Village, CT 06031 |