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    eStatements

    Skip the paper cuts and save some green by signing up for eStatements

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    • Compare Savings Accounts
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    Already Bank With Us?

    Online Banking - Enroll today in online banking to keep an eye on your accounts from anywhere you have internet access.

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Savings Accounts

Savings Options To

Achieve Your Goals

There’s a reason “Savings” is our middle name. It’s because at Torrington Savings Bank, offering our customers great savings choices is so central to what we do. There are many reasons why you save, and that’s why we offer so many ways to do it.

  • Compare
  • Features
  • Ways to Open

Compare Savings Accounts

Torrington Savings Bank offers great savings options so you can save in the way that best suits your needs.

Journey SavingsAdvantage Money MarketFirst Time SaversBuild Your Own Club
Minimum to Open $5.00$1,000.00$1.00$1.00
Minimum Balance to Earn Posted APY $5.00< $1,000.00< $1,000.00 $0.01
Annual Percentage Yield 0.50%0.05%5.12%0.05%
Interest Rate 0.50%0.05%5.00%0.05%
Description

Embark on your savings journey with our premium tiered savings account. Start earning more as you save more, your ticket to financial growth.

Earn a higher interest rate by keeping a higher balance. See View Details below to learn more.

Savers ages 5-21 years old can earn a special interest rate and incentives for regularly saving into this account.

You choose the goal and the maturity date. We help you create a specific savings plan in line with those unique savings goal.

APY as of: 05-21-2025

Journey Savings Details

Please refer to Common Fee Schedule and Consumer Terms & Conditions for additional details and information.

Common Fee Schedule Consumer Terms & Conditions

Advantage Money Market Details

Maintaining balances below $1,000 will change your APY. View Rates for details. View our terms and conditions and common fee schedule for more information.

Common Fee Schedule Consumer Terms & Conditions

First Time Savers Details

Maintaining balances in excess of $1,000 will change your APY. View Rates for details. Please refer to Common Fee Schedule and Consumer Terms & Conditions for additional details and information.

Common Fee Schedule Consumer Terms & Conditions

Build Your Own Club Details

Withdrawals throughout the year are not permitted with this account.

Common Fee Schedule Consumer Terms & Conditions
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How to Open

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Savings Account Features

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Online Banking

TSB makes it easy to keep tabs on your savings through Torrington Savings Bank online banking.

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Mobile Banking

Your TSB account information in the palm of your hand

Mobile Check Deposit Icon

Mobile Check Deposit

With mobile check deposit, you don’t need to come into a branch to make a deposit to your savings account

estatements icon

eStatements

Skip the paper cuts and save some green by signing up for eStatements.

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

Featured Products

Personal Loan

TSB offers Life Loans!

Life happens! Whatever your life needs, a Life Loan is a great personal loan option to help you borrow money to pay for it.

Learn More
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Savings

Advantage Money Market Account

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

Learn More
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Loans

An Equity Line for Less than Prime

Use the equity in your home to help pay expenses just like with a credit card – but with a MUCH lower interest rate.

Learn More
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Personal

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      • First Time Homebuyers
      • Buyer’s Boost
      • Conventional Mortgage
      • Refinance
      • Jumbo Mortgage
      • Construction Loan
    • Contact a Residential Lender
    • Mortgage Calculators
    • Home Equity Comparison
      • Home Equity Loan
      • Home Equity Line of Credit
    • Personal Loans
      • Collateral Secured Loans
      • Life Loan
      • Overdraft Line of Credit
  • Checking

    • Compare Checking Accounts
      • Journey Checking
      • Advantage Checking
      • BankRight Checking
    • Greenlight Debit Card For Kids
    • Debit Cards
      • Card Controls
      • Lost or Stolen Cards
      • Digital Wallet
      • Overdraft Protection
  • Savings

    • Compare Savings Accounts
      • Journey Savings
      • Advantage Money Market
      • First Time Savers
      • Build Your Own Club
    • Additional Savings Options
      • Certificates of Deposit (CD)
      • Health Savings Account (HSA)
      • IRA
  • Credit Cards

    Tools & Resources

    • Ways to Bank
      • Online Banking
      • Mobile Banking
      • ATM
      • Telephone Banking
    • Plan Your Financial Future
      • Monitor Credit Score
      • Personal Finance Manager
      • Greenlight for Kids and Teens
      • Education Center
    • Manage Your Money
      • Card Controls
      • Bill Pay
      • Paperless Documents
      • Digital Wallet
      • Round Up Savings Program
    • Help & Support
      • Lost or Stolen Card
      • FAQs
      • Support
      • Make An Appointment
      • Switch Kit
    • Rewards
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Business

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Open Your Torrington Savings Bank Account Online

Are You a New or Existing Customer?

New Customer

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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Existing Customer

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.

ROUTING #211174165/NMLS #404919

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