Open an Account
We look forward to helping you open a new account with us. Opening a Personal Checking or Savings account with us is easy, simply choose the right account that meets your needs and apply online or at any of our branches. All Business accounts can be opened in any of our branches with the help from our friendly bankers.
Apply Online
It’s easy to open a new account online
Opening a new TSB Personal Checking or Personal Savings Account is easier than ever! In just a few clicks you can get the convenience you need and the features to meet your different needs.
Apply In Branch
Any location, no appointment needed
If you prefer to open your account in person stop by any branch and one of our friendly bankers will help find the business or personal account right for you. For your convenience you can call your closest branch to schedule an appointment, but you are always welcome to drop in and see us.
What You Need to Open an Account with Torrington Savings Bank:
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
Personal Accounts
If you’re opening a personal account, we will ask for:
- Your name, address, date of birth, and other information that will allow us to identify you.
- Your driver’s license or other identifying documents.
- Your initial deposit.
Our switch kit may also be helpful for you as you open and establish your new account to help you easily close out old accounts, set up direct deposits or schedule reoccurring payments.
Business Accounts
If you’re opening a business account, we will ask for:
- Every owner and/or signer on the account to provide a government-issued photo ID such as a driver’s license or passport.
- Please be prepared to answer some questions about your business plan, any previous banking history, and your computer security. We take cyber-security very seriously and we want to stress how important that is for you as well.
We will also require additional information depending on how your business is organized.
Sole Proprietor/DBA (Doing Business As)
- Social Security Number of the owner or the Business Tax Identification Number
Corporation
- Business Tax Identification Number
- Articles of Incorporation
- Corporate Resolution
- Indicates officers and who has the authority to open bank accounts and what role on that account they should have
LLC
- Business Tax Identification Number
- Limited Liability Resolution and Articles of Organization
- Limited Liability Resolution and Articles of Organization provide Manager/Member authorities for banking transactions
Partnership
- Business Tax Identification Number
- Partnership Agreement
- Indicates name of business and partners
- Partnership Resolution
Non-profit Corporation
- Business Tax Identification Number
- Articles of Incorporation
- Corporate Resolution
- Indicates officers and who has the authority to open bank accounts and what role on that account they should have
- Tax-exempt status paperwork (i.e. 501(c)(3), 501(a), etc.)
Miscellaneous
Association/Lodge
- Business Tax Identification Number
- Articles of Organization/Incorporation/Agreement
Memorial Account
- Business Tax Identification Number
- Articles of Organization/Incorporation/Agreement
Performance Bond
- Business Tax Identification Number
- Articles of Organization/Incorporation/Agreement
Public Funds
- Business Tax Identification Number
- Articles of Organization/Incorporation/Agreement
