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    Foundation check presentation to LARC

    Torrington Savings Foundation Awards Over $107,000 in Support of Education

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    TSB Recognized as ‘Best Place to Work’ by the Hartford Business Journal

    Foundation check presentation to LARC

    Torrington Savings Foundation Awards Over $107,000 in Support of Education

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Savings Account

Hometown Savings

Grow your savings in a safe, accessible way. With TSB, you get the security of FDIC and the convenience of access to your savings both online and in branch.

Open Now

Hometown Savings

Our Hometown Savings Account is a great way to start building your savings with an account that’s simple by design, to make it easier for you to save.

Account Features

  • Just $5 minimum to open
  • Earns variable interest rate
  • Statement savings account can be linked to checking for a combined statement and/or overdraft protection.
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Hometown Savings
Minimum to Open $5.00
Minimum Average Daily Balance $5.00
APY 0.050%
Interest 0.050%
Minimum Balance to Avoid Monthly Service Charge $200.00
Description

A great way to start to build up your savings, this account is simple by design, to make it easier to save.

Hometown Savings Details

$5.00 minimum opening deposit required. $200.00 minimum average daily balance required to avoid fees. If minimum balance requirement is not met a $1.00 monthly service fee will apply. Monthly maintenance fee can also be avoided by meeting one of the following requirements: 1.) Have a direct deposit into the account and/or 2.) a combined checking and savings statement.

Common Fee Schedule Consumer Terms & Conditions

Ways to Open

In Branch:

Any type of Account, Any location, No Appointment Needed

Find Locations

Online:

Open an individual or joint personal checking or personal savings account online in about 10 minutes.

Open Now

What You Need:

We’ll need some information and identification to help you open your account, along with your initial deposit.

What You Need

Hometown Savings Details:

$5.00 minimum opening deposit required. $200.00 minimum average daily balance required to avoid fees. If minimum balance requirement is not met a $1.00 monthly service fee will apply. Monthly maintenance fee can also be avoided by meeting one of the following requirements: 1.) Have a direct deposit into the account and/or 2.) a combined checking and savings statement.

Common Fee Schedule Consumer Terms & Conditions

Featured Products

Savings

Certificate of Deposits

With a TSB Certificate of Deposit you can earn a competitive fixed interest rate so your savings can grow free from market fluctuation.

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Personal Loan

Gain Flexibility with a Collateral Loan

Use your savings to gain flexibility and to borrow at a great rate.

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Savings

Hometown Money Market Savings Account

Get rewarded for saving more. With a Hometown Money Market Savings Account, you earn a higher interest rate by keeping a higher balance.

Learn More
Learn More
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Open Your Torrington Savings Bank Account Online

Are You a New or Existing Customer?

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We make it easy to open a new account securely online in minutes. Choose the account that works best for you.

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Adding a new account has never been easier. Log into online banking & select “Open an Account” from the Main Menu.

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*Please note to open an account online you must be 18 years or older and a Connecticut resident.

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