Torrington Savings Bank

Overview / Commentary
129 Main Street
Torrington, CT 06790

Torrington Savings Bank is headquartered in Torrington and is the 18th largest bank in the state of Connecticut. It is also the 991st largest bank in the nation. It was established in 1868 and as of June of 2022, it had grown to 120 employees at 10 locations. Torrington Savings Bank has an A+ health rating.


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Health Grade Components

FDIC Certificate #16636
Year Established1868
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-0.33%
Return on Equity - YTD-1.86%
Annual Interest Income$12.0MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$981.5MM$946.9MM
LoansQ2 2022vs Q2 2021$570.7MM$517.0MM
DepositsQ2 2022vs Q2 2021$806.2MM$766.1MM
Equity CapitalQ2 2022vs Q2 2021$169.8MM$176.0MM
Loan Loss AllowanceQ2 2022vs Q2 2021$5.6MM$5.5MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$3.0MM$3.4MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
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Always verify rates and promotions with the bank or credit union. We are not Torrington Savings Bank; we are a rate comparison website and cannot provide official rates or promotions.

* 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

5.12%*-$1kFirst Time Savers Club
OTHER TIERS: 0.10% $1k+
0.05%$5-Hometown Savings
0.05%--Build Your Own Club Account

Torrington Savings Bank Money Market Rates

0.10%*$1k*-Hometown Money Market
OTHER TIERS: 0.05% Up to $1k
0.10%*$1k*-IRA Money Market Statement Account
OTHER TIERS: 0.05% Up to $1k
0.10%*$1k*-IRA Money Market Passbook Account
OTHER TIERS: 0.05% Up to $1k
0.07%$1k-Better Business Money Market
0.05%$2.5k-Advantage Plus Money Market Checking

Torrington Savings Bank Checking Account Rates

1.00%$5-IOLTA Checking
0.05%$250-Advantage NOW Checking
0.05%$5-Advantage 50 Checking
0.05%$5-Multi-Account Checking
0.05%$5-IOREBTA Checking

Torrington Savings Bank CD Rates

0.55%$1k-5 Year CD
0.50%$1k-4 Year CD
0.40%$1k-30 Month CD
0.40%$1k-3 Year CD
0.35%$1k-2 Year CD
0.30%$1k-18 Month CD
0.30%$1k-21 Month Bump Up CD
0.25%$1k-1 Year CD
0.25%$1k-13 Month CD
0.25%$1k-15 Month CD
0.20%$1k-6 Month CD
0.20%$1k-9 Month CD
0.15%$1k-3 Month CD

Torrington Savings Bank IRA Rates

0.55%$1k-5 Year IRA
0.50%$1k-4 Year IRA
0.40%$100-30 Month Variable IRA
0.40%$1k-30 Month IRA
0.40%$1k-3 Year IRA
0.35%$1k-2 Year IRA
0.30%$1k-18 Month IRA
0.30%$1k-21 Month Bump Up IRA
0.25%$1k-1 Year IRA
0.25%$1k-13 Month IRA
0.25%$1k-15 Month IRA
0.20%$1k-6 Month IRA
0.20%$1k-9 Month IRA
0.15%$1k-3 Month IRA

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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