Skip to Content

Thomaston Savings Bank App Icon

Thomaston Savings Bank App

Available on the Google Play Store

GET

Current Personal Deposit Rates

Savings

Annual Percentage Yield Effective Date: 12/13/2023

  • $25.00 Minimum Balance to Open.
  • All terms also available for Individual Retirement Accounts (IRA).
Type
Minimum Daily Balance to Earn APY
Interest Rate
APY
Savings
$0.00
0.05%
0.05%

Deposit rates are subject to change without notice. Withdrawals and fees may reduce earnings. Interest is compounded daily and credited to the account every month. The interest rate and annual percentage yield (APY) on variable rate accounts may change after the account is opened. You must maintain a minimum balance of $25.00 in the account each day to obtain the disclosed annual percentage yield. 

Health Savings Account (HSA)

Annual Percentage Yield Effective Date: 12/13/2023

  • $0.00 Minimum Balance to Open
Balance Tiers
Minimum Daily Balance to Earn APY
Interest Rate
APY
$0 – $49,999.99
$0.00
0.05%
0.05%
$5,000.00 - $49,999.99
$5,000.00
0.10%
0.10%
$50,000.00+
$50,000.00
0.15%
0.15%

Deposit rates are subject to change without notice. Withdrawals and fees may reduce earnings. Interest is compounded daily and will be credited to the account every month. The interest rate and annual percentage yield (APY) on variable rate accounts may change after the account is opened. 

Relationship Savings

Annual Percentage Yield Effective Date: 12/13/2023

$15,000.00 Minimum Balance to Open

Balance Tiers
Minimum Daily Balance to Earn APY
Interest Rate
APY
$0 – $49,999.99
$0.00
0.10%
0.10%
$50,000 - $249,999.99
$50,000.00
0.15%
0.15%
$250,000.00+
$250,000.00
0.20%
0.20%

Deposit rates are subject to change without notice. Withdrawals and fees may reduce earnings. Interest is compounded daily and will be credited to the account every month. The interest rate and annual percentage yield (APY) on variable rate accounts may change after the account is opened. Relationship Checking account required; see deposit contract or ask a bank representative for specific terms.

Interest Checking

Annual Percentage Yield Effective Date: 12/13/2023

  • $25.00 Minimum Balance to Open
  • 0% Interest Earned on Balances < $500.00
Balance Tiers
Minimum Daily Balance to Earn APY
Interest Rate
APY
$0 - $499.99
$0.00
0.00%
0.00%
$500.00 - $14,999.99
$500.00
0.05%
0.05%
$15,000.00+
$15,000.00
0.05%
0.05%

Deposit rates are subject to change without notice. Withdrawals and fees may reduce earnings. You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage yield. Interest is compounded daily and credited to the account every month. The interest rate and annual percentage yield (APY) on variable rate accounts may change after the account is opened.

CD - Fixed

Annual Percentage Yield Effective Date: 12/13/2023

  • All terms also available for Individual Retirement Accounts (IRA)
  • $1,000 Minimum to Open
Terms
Interest Rate$1,000 - $249,999.99 Daily balance to earn APY
APY
Interest Rate$250,000+ Daily balance to earn APY
APY
91 Days
0.10%
0.10%
0.10%
0.10%
5 Months
0.10%
0.10%
0.10%
0.10%
6 Months
2.47%
2.50%
2.47%
2.50%
9 Months
5.05%
5.16%
5.05%
5.16%
12 Months
3.45%
3.50%
3.45%
3.50%
13 Months
5.05%
5.16%
5.05%
5.16%
15 Months
0.10%
0.10%
0.10%
0.10%
16 Months
0.10%
0.10%
0.10%
0.10%
18 Months
2.38%
2.40%
2.38%
2.40%
24 Months
2.23%
2.25%
2.23%
2.25%
36 Months
1.99%
2.00%
1.99%
2.00%
48 Months
1.84%
1.85%
1.84%
1.85%
60 Months
1.74%
1.75%
1.74%
1.75%

Deposit rates are subject to change without notice. Withdrawals and fees may reduce earnings. Interest is compounded daily and credited to the account every month. A penalty may be imposed for early withdrawal of principal prior to maturity from certificate accounts. The annual percentage yield (APY) assumes that interest remains on deposit until maturity. Daily balances below $1,000 do not earn APY.

CD - Variable

Annual Percentage Yield Effective Date: 12/13/2023

  • All terms also available for Individual Retirement Accounts (IRA)
Terms
Interest Rate$25 Minimum to open and earn APY
APY
18 Months Variable Rate - deposits allowed during term
1.49%
1.50%

Deposit rates are subject to change without notice. Withdrawals and fees may reduce earnings. Interest is compounded daily and credited to the account every month. A penalty may be imposed for early withdrawal of principal prior to maturity from certificate accounts. The annual percentage yield (APY) assumes that interest remains on deposit until maturity. You must maintain a minimum balance of $25 in the account each day to obtain the disclosed APY.

16 Convenient Locations Throughout Connecticut: