Current Rates
Welcome to Thomaston Savings Bank's Rates Center, your one-stop shop for all our latest rates. We've simplified the process, bringing together rates for personal accounts, business banking, loans, and more. Whether you're saving for a big goal, managing your business finances, or planning a major purchase, find the rates you need right here.
Personal Deposit Rates
Annual Percentage Yield Effective Date: 12/13/2023
- $25.00 Minimum Balance to Open.
- All terms also available for Individual Retirement Accounts (IRA).
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.
Annual Percentage Yield Effective Date: 12/13/2023
- $0.00 Minimum Balance to Open
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.
Annual Percentage Yield Effective Date: 12/13/2023
$15,000.00 Minimum Balance to Open
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.
Annual Percentage Yield Effective Date: 12/13/2023
- $25.00 Minimum Balance to Open
- 0% Interest Earned on Balances < $500.00
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.
Annual Percentage Yield Effective Date: 12/13/2023
- All terms also available for Individual Retirement Accounts (IRA)
- $1,000 Minimum to Open
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.
Annual Percentage Yield Effective Date: 12/13/2023
- All terms also available for Individual Retirement Accounts (IRA)
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.
Consumer Loan Rates
Annual Percentage Yield Effective Date: 12/13/2023
Annual Percentage Yield Effective Date: 12/13/2023
These examples assume you qualify for our lowest interest rate based on your creditworthiness. Fixed Rate Personal Loan APRs range from 4.99% to 14.99% depending on your creditworthiness and the repayment term. Loan repayment terms range from 12 months to 72 months.
Annual Percentage Yield Effective Date: 12/13/2023
These examples assume you qualify for our lowest interest rate based on your creditworthiness. Fixed Rate New Automobile Loan APRs range from 3.99% - 9.99% depending on your creditworthiness and the repayment term. Loan repayment terms range from 12 months to 72 months. A new automobile refers to a vehicles less than two years old.
Annual Percentage Yield Effective Date: 12/13/2023
These examples assume you qualify for our lowest interest rate based on your creditworthiness. Fixed Rate Used Automobile Loan APRs range from 4.99% - 10.99% depending on your creditworthiness and the repayment term. Loan repayment terms range from 12 months to 72 months. Qualifying used automobiles refer to vehicles three to 10 years old.
Annual Percentage Yield Effective Date: 12/13/2023
Line amounts available from $500.00 to $2,000.00.
Annual Percentage Yield Effective Date: 12/13/2023
- Minimum loan amount is $3,000
- Maximum loan amount is $25,000
- No membership fees
- No application fees
1The annual percentage rates (APR) shown are subject to change without notice. Please note that the interest rates shown here are available to borrowers with a satisfactory credit history.
Mortgage and Home Equity Rates
Annual Percentage Yield Effective Date: 12/12/2023
For loan amounts up to $726,200. Single Family up to 97% loan to value (LTV). Rates and terms described are based on the following assumptions. The purpose of the loan is to purchase a property, with a loan amount of $160,000 and an estimated property value of $200,000. The property is located in Connecticut. The property is an existing single family home and will be used as an owner occupied primary residence. An escrow (impound) account is required. The rate lock period is 60 days and the assumed credit score is 740. Low down payment programs are also available. Rates are subject to change without notice. Interest rates remain fixed for the term of the loan. All mortgages with less than 20% down payment may require PMI (Private Mortgage Insurance). The rate and point structure will be the same as mortgages with a 20% down payment. Interest rates are subject to credit and property approval based upon secondary market guidelines. Interest rates and APRs (Annual Percentage Rates) may vary depending on loan details, such as points, loan amount, your credit and property occupancy. The rates shown are available to borrowers with a satisfactory credit history.
Annual Percentage Yield Effective Date: 12/12/2023
Click here for loan assumptions and disclosures. Additional adjustable rate program options available. Contact a loan officer for more information.
Annual Percentage Yield Effective Date: 12/12/2023
Rates and terms described are based on the following assumptions. The purpose of the loan is to purchase vacant land, with a loan amount of $75,000 and an estimated land value of $100,000. The term of the loan is 15 years. The property is located in Connecticut. The rate lock period is 60 days and the assumed credit score is 740. Rates are subject to change without notice. Interest rate remains fixed during the term of the loan. Interest rates are subject to credit and property approval. Interest rates and APRs may vary depending on loan details, such as points, loan amount and your credit. The rates shown are available to borrowers with a satisfactory credit history.
Annual Percentage Yield Effective Date: 12/12/2023
Rates and terms described are based on the following assumptions. The purpose of the loan is to purchase property for the construction of a new dwelling. A loan amount of $160,000 and an estimated property value of $200,000. The property is located in Connecticut. The property will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 60 days and the assumed credit score is 740. Rates are subject to change without notice. All mortgages with less than 20% down payment may require PMI (Private Mortgage Insurance). The rate and point structure will be the same as mortgages with a 20% down payment. Interest rates are subject to credit and property approval based upon secondary market guidelines. Interest rates and APRs may vary depending on loan details, such as points, loan amount, your credit and property occupancy. The rates shown are available to borrowers with a satisfactory credit history.
Annual Percentage Yield Effective Date: 12/12/2023
$10,000 Minimum Loan. Rates and terms described are for owner-occupied properties only and a maximum combined loan to value (CLTV) of 80%. Rates are subject to change without notice. Home Equity Line of Credit (HELOC) rates are subject to the Wall Street Journal (WSJ) Prime Rate Index and may increase during the term of the loan. Maximum APR is 18%. May be subject to $50 annual membership fee per year. Home Equity Loan (HELOAN) rates are fixed for the term of the loan. Interest rates are subject to credit and property approval based upon secondary market guidelines. Interest rates and APRs may vary depending on loan details, such as points, loan amount, your credit and property occupancy. The rates shown are available to borrowers with a satisfactory credit history. Consult your tax advisor about deductibility.
Business Deposit Rates
Annual Percentage Yield Effective Date: 12/13/2023
$0.00 Minimum Balance to Open
Deposit rates are subject to change without notice. Withdrawals and fees may reduce earnings. Interest is compounded monthly 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. The interest rate paid for each tier will apply only to the portion of the account balance within that tier.
Annual Percentage Yield Effective Date: 12/13/2023
- All terms also available for Individual Retirement Accounts (IRA)
- $1,000 Minimum to Open
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.
Annual Percentage Yield Effective Date: 12/13/2023
All terms also available for Individual Retirement Accounts (IRA)
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.
Annual Percentage Yield Effective Date: 12/13/2023
For accounts established with a Tax ID number of the CT Bar Foundation.
For more information or to open an account, please visit your local branch.
Annual Percentage Yield Effective Date: 12/13/2023
For accounts established with a Tax ID number of CHFA.
For more information or to open an account, please visit your local branch.