A Personal Checking Account With Interest!
A free checking account with interest plus so many advantages!
Free checking with interest. An Advantage Checking account rewards you with interest when you keep a low $5 minimum balance. The advantage of a personal checking account with no monthly service fee means you can build your savings faster.
Manage your money anytime from anywhere with online and mobile banking services. Make a mobile deposit, transfer money, pay bills and pay for everyday expenses with the tap of your debit card.
But best of all -make your money work for you by earning interest. Open an account online today – it’s easy and secure.

Account Details
- No monthly service charge
- Low minimum balance to earn interest
- Interest bearing account
- Free ATM transactions*
- Online Banking
- Mobile banking app
- Contactless TSB Debit Mastercard®
- Overdraft Protection available
Advantage Checking | |
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Minimum to Open | $100.00 |
Minimum Balance to Earn Posted APY | $5.00 |
Annual Percentage Yield | 0.05% |
Interest Rate | 0.05% |
Description |
Advantage Checking is the right checking account with:
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Account Features

Online Banking
An easy, convenient way to digitally manage your Torrington Savings Banks Accounts. Get balances, make transfers, and more.

Overdraft Protection
Avoid costly fees by applying for an overdraft line of credit or by linking a deposit account for overdraft protection.

Online BillPay
Pay your bills online anytime from within your online banking account. Set up automatic payments, receive & view your bills electronically, and more.

Mobile Banking App
Combining security features like facial recognition and debit card controls; plus banking features like viewing balances, making transfers, depositing check, and more; it’s no wonder the TSB Mobile App gets two thumbs up.

Go Paperless
Better for your security and the environment. View your bank statements online as soon as they’re ready with the mobile app or online banking. Make your life easier by reducing the clutter with eStatements.

Contactless Debit Card
Get secure, safe and convenient access to your checking account. It’s easy to manage with a TSB Contactless Debit MasterCard®.

Mobile Deposit
You don’t have to come into the bank to deposit checks anymore. Our mobile app lets you deposit your check in a snap.

Telephone Banking
Our telephone banking system is smart, so your phone doesn’t have to be. Get 24/7 access to your account to obtain balances, review transaction history, transfer funds and make loan payments, just by calling 1.800.232.9581

Direct Deposit
There’s nothing better than when money just shows up in your account automatically. With direct deposit, TSB makes it easy to for you to receive payments directly into your checking or savings accounts.
Ways to Open
Explore Our Other Account Options
Journey Checking
Young adults who want a checking account that combines no monthly maintenance fees with convenient banking services – we’ve got you!
BankRight Checking
The right way to bank – with a checkless account built with your tomorrow in mind
Advantage Checking Details:
$100.00 minimum opening deposit required. Your interest rate and annual percentage yield may change. Interest will be compounded daily and credited monthly. You must maintain a minimum balance of $5.00 each day to obtain the disclosed annual percentage yield. Click here to view current rates. Review Common Fee Schedule and Consumer Terms & Conditions for complete product disclosures.
*Free ATM transactions at Torrington Savings Bank ATMs. Torrington Savings Bank does not charge when you use your TSB Debit Card at another bank’s ATM. Please note other banks’ fees may apply. Withdraw cash without worry, find a surcharge free in network ATM here.
Common Fee Schedule Consumer Terms & Conditions