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.
Overall | |
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FDIC Certificate # | 16636 |
Year Established | 1868 |
Employees | 124 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | -0.32% |
Return on Equity - YTD | -1.73% |
Annual Interest Income | $10.3MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $995.3MM$932.6MM |
Loans | Q1 2025vs Q1 2024 | $748.7MM$663.1MM |
Deposits | Q1 2025vs Q1 2024 | $776.8MM$750.6MM |
Equity Capital | Q1 2025vs Q1 2024 | $179.8MM$174.5MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $6.1MM$5.6MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.4MM$1.5MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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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 |
---|---|---|---|---|
1.01% | $5 | - | IOLTA Checking | |
0.05% | $5 | - | IOREBTA Checking | |
0.05% | $5 | - | Advanatge Checking |
Torrington Savings Bank Locations | ||
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The Torrington Savings Bank | 129 Main St | 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 |
Bristol Branch | 888 Farmington Avenue | Bristol, CT 06010 |