The Torrington Savings Bank is a bank based in Torrington, Connecticut, established in 1868, with $994 million in total assets across 10 branches. By Trust Grade it ranks 11th of 28 banks we track in Connecticut. Its capital ratio of 18.3% is stronger than 96% of similarly sized banks, versus a Connecticut median of 10.2%. It was profitable over the most recent period, with a 0.58% return on assets. No consumer complaints against The Torrington Savings Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How The Torrington Savings Bank compares to Connecticut peers
How we graded The Torrington Savings Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (18.3% capital ratio)
- Profitable (ROA 0.58%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for The Torrington Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (10)
- 129 Main St, Torrington, CT 06790
- 10 Route 126, Falls Village, CT 06031
- 635 Main St, Torrington, CT 06790
- 258 Spielman Hwy, Burlington, CT 06013
- 55 Sharon Tpke, Goshen, CT 06756
- 235 Dibble St, Torrington, CT 06790
- 30 Mason St, Torrington, CT 06790
- 518 Main St, New Hartford, CT 06057
- 8 Church St, Torrington, CT 06790
- 888 Farmington Ave, Bristol, CT 06010
Are deposits at The Torrington Savings Bank insured?
Yes. The Torrington Savings Bank is an FDIC-insured bank (FDIC certificate #16636). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
The Torrington Savings Bank: frequently asked questions
Is The Torrington Savings Bank a good bank?
The Torrington Savings Bank earns a Bankzia Trust Grade of A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (18.3% capital ratio); Profitable (ROA 0.58%).
Is The Torrington Savings Bank FDIC-insured?
Yes. The Torrington Savings Bank is a FDIC-insured bank (FDIC certificate #16636). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is The Torrington Savings Bank?
The Torrington Savings Bank holds $994 million in total assets, ranking 11th of 28 banks we track in Connecticut. It operates 10 branches.
Does The Torrington Savings Bank have CFPB complaints?
No CFPB complaints against The Torrington Savings Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
