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.
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 9, 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 & Conditions