Give Yourself
Some Grace
Miscalculations can happen to the best of us. Protect yourself against overdrafts by using funds from a linked overdraft protection product.
Banking That Forgives, Because Everyone Makes Mistakes.
If you want extra help to make sure a little mistake doesn’t become a more costly error, Torrington Savings Bank offers you protection against overdrawn checking accounts in two ways: Savings Overdraft Protection and Overdraft Line of Credit.
Savings Overdraft Protection
Savings Overdraft Protection provides coverage to your checking account by making the balance of your linked savings account available to cover any overdrafts. There is no monthly service charge to be enrolled in the program, and only a nominal fee is assessed each time a transfer occurs. The transfer goes through automatically, so as long as you have sufficient savings in the linked account, you’ll be spared the hassle of a bounced check.
Overdraft Line of Credit
A Torrington Savings Bank’s Overdraft Line of Credit gives you the support you need when you need it most. Confidently make everyday purchases knowing that if your checking balance dips below zero, funds will automatically transfer to your account to cover the shortfall. As you repay your available credit line, that money becomes available to borrow again.
Features and Benefits:
- Get up to $2,000 in overdraft protection
- No collateral needed
- Low payments
- Only pay interest on amount of credit used
- Competitive fixed rate
Overdraft Line of Credit
Effective Date: October 29, 2025
DETAILS: Overdraft Line of Credit (ODLOC) APR Based on a $1,000.00 credit line. Maximum ODLOC is $2,000.00. An associated TSB checking account is required. The Overdraft Protection product is only available to CT residents.
Savings Overdraft Protection Details:
There is no monthly service charge to be enrolled in Savings Overdraft Protection, and only a nominal fee each time a transfer occurs. Please refer to Common Fee Schedule for more information.
Common Fee Schedule Consumer Terms & ConditionsRelated Services
Card Controls & Alerts
Control your TSB Debit Card and get real-time alerts to help prevent fraud. Choose the notifications you want and monitor your account from anywhere.
Mobile Banking
Mobile banking lets you easily bank through your mobile device. Check balances, deposit checks, make transfers and so much more.
Online Banking
Bank anywhere, anytime you have Internet access. Pay bills online, check your balance, transfer between accounts from your phone and more.
