The Torrington Savings Bank
A Connecticut-chartered mutual savings bank established in 1868, serving local communities with banking products and community support.
Last updated September 2, 2026
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Overview
Torrington Savings Bank is a mutual savings bank chartered in Connecticut in 1868. As a mutual bank, it has no shareholders, allowing it to offer favorable rates and low fees. The bank emphasizes community involvement and has supported local non-profits through donations and volunteerism.
History
Chartered in Connecticut in 1868, Torrington Savings Bank is one of the longest established banks in the state. As a mutual savings bank, it is conservatively guided and strongly capitalized. The bank celebrated 150 years in business in 2018. In 2024, it donated over $312,000 to support non-profit organizations and employees volunteered over 1,339 hours.
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