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Torrington Savings Bank


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.31%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.torringtonsavings.bank
860-496-2152
129 Main Street
Torrington, CT 06790

Torrington Savings Bank is headquartered in TORRINGTON and is the 16th largest bank in the state of Connecticut. It is also the 1,042nd largest bank in the nation. It was established in 1868 and as of March of 2025, it had grown to 124 employees at 10 locations. Torrington Savings Bank's money market rates are 6X the national average, and it boasts an A+ health rating.

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Health
A+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #16636
Year Established1868
Employees124
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-0.32%
Return on Equity - YTD-1.73%
Annual Interest Income$10.3MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$995.3MM$932.6MM
LoansQ1 2025vs Q1 2024$748.7MM$663.1MM
DepositsQ1 2025vs Q1 2024$776.8MM$750.6MM
Equity CapitalQ1 2025vs Q1 2024$179.8MM$174.5MM
Loan Loss AllowanceQ1 2025vs Q1 2024$6.1MM$5.6MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$1.4MM$1.5MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.31%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Torrington Savings Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.12%*$0$1kFirst Time Savers Club
OTHER TIERS: 0.10% → $1k+
1.00%*$50k*-Journey Savings
OTHER TIERS: 0.50% → $5 - $10k | 0.60% → $10k - $25k | 0.75% → $25k - $50k
0.50%$5-Business savings
0.15%*$25k*-Premier Health Savings
OTHER TIERS: 0.05% → $0 - $5k | 0.10% → $5k - $25k
0.05%$0-Build Your Own Club Account

Torrington Savings Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%*$250k*-Signature Money Market
OTHER TIERS: 0.25% → $0 - $25k | 0.50% → $25k - $75k | 1.00% → $75k - $150k | 1.75% → $150k - $250k
2.75%*$250k*-IRA Signature Money Market
OTHER TIERS: 0.25% → $0 - $25k | 0.50% → $25k - $75k | 1.00% → $75k - $150k | 1.75% → $150k - $250k
0.60%*$25k*-Business Money Market
OTHER TIERS: 0.15% → $0 - $2.5k | 0.20% → $2.5k - $25k
0.15%*$100k*-IRA Money Market
OTHER TIERS: 0.05% → $0 - $1k | 0.10% → $1k - $50k | 0.12% → $50k - $100k
0.15%*$100k*-Advantage Money Market
OTHER TIERS: 0.05% → $0 - $1k | 0.10% → $1k - $50k | 0.12% → $50k - $100k

Torrington Savings Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.01%$5-IOLTA Checking
0.05%$5-IOREBTA Checking
0.05%$5-Advanatge Checking

Torrington Savings Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$1k-9 Month CD
3.50%$1k-18 Month CD
3.50%$1k-21 Month Bump Up CD
3.25%$1k-1 Year CD
3.25%$1k-2 Year CD
3.25%$1k-30 Month CD
3.25%$1k-3 Year CD
3.25%$1k-4 Year CD
3.25%$1k-5 Year CD
3.15%$1k-6 Month CD
3.15%$1k-5 Month CD
3.00%$1k-3 Month CD
0.25%$1k-13 Month CD
0.25%$1k-15 Month CD

Torrington Savings Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$1k-9 Month IRA
3.50%$1k-18 Month IRA
3.50%$1k-21 Month Bump Up IRA
3.25%$1k-1 Year IRA
3.25%$1k-2 Year IRA
3.25%$1k-30 Month IRA
3.25%$1k-3 Year IRA
3.25%$1k-4 Year IRA
3.25%$1k-5 Year IRA
3.15%$1k-6 Month IRA
3.15%$1k-5 Month IRA
3.00%$1k-3 Month IRA
0.25%$1k-13 Month IRA
0.25%$1k-15 Month IRA
Locations


Torrington Savings Bank Locations
The Torrington Savings Bank129 Main StTorrington, CT 06790
Dibble Street Branch235 Dibble StreetTorrington, CT 06790
Burlington Branch258 Spielman HighwayBurlington, CT 06013
New Hartford Branch518 Main StreetNew Hartford, CT 06057
Goshen Branch55 Sharon TurnpikeGoshen, CT 06756
North End Branch635 Main StreetTorrington, CT 06790
Falls Village BranchRoutes 7 and 126Falls Village, CT 06031
Bristol Branch888 Farmington AvenueBristol, CT 06010

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