Torrington Savings Bank

Regional mutual bank providing personal and commercial financial services.

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Company facts

Founded
1868
Employees
150
Headquarters
United States
Type
Cooperative / Mutual
Subsidiaries
Torrington Savings Foundation

About

Torrington Savings Bank, a mutual savings institution chartered in 1868, serves the 33 towns of Northwest Connecticut with deposit, loan, and trust services. As a deposit-owned bank, it prioritizes community interests, offering competitive savings rates, mortgage and construction financing, and health-savings accounts. Its local focus and rapid, personalized response differentiate it from large national banks. The bank’s conservative capital strategy and commitment to mutuality ensure safety, soundness, and profit sharing with customers. Cultivating a culture of engagement and expertise, TSB aims to strengthen the financial well-being of individuals, families, and businesses in the region.