Open an Account
We look forward to helping you open a new account with us. Existing customers can open personal checking and savings accounts through our online banking service. All customers can open personal or business accounts at any of our branches with help from our friendly bankers.
Apply Online
It’s easy for Existing Customers to open New Accounts online.
Just login to TSB Online or Mobile Banking and select Open an Account to open a new Personal Checking or Statement Savings Account through your existing online banking account. You’ll save time in the application process because we already have information about you to help streamline what we need to request and what you’ll need to type in. At this time, only our existing customers are able to open accounts online.
Apply In Branch
Any location, no appointment needed
If you are a new customer, looking to open a business account or if you just prefer to open your account in person, come in to any branch and to say hello, and one of our friendly bankers will help you. You can call your closest branch to set an appointment for your scheduling convenience, but you are also welcome to just drop in and see us.
What You Need to Provide to Open an Account with Torrington Savings Bank:
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
Personal Accounts
If you’re opening a personal account, we will ask for:
- Your name, address, date of birth, and other information that will allow us to identify you.
- Your driver’s license or other identifying documents.
- Your initial deposit.
Our switch kit may also be helpful for you as you open and establish your new account to help you easily close out old accounts, set up direct deposits or schedule reoccurring payments.
Business Accounts
If you’re opening a business account, we will ask for:
- Every owner and/or signer on the account to provide a government-issued photo ID such as a driver’s license or passport.
- Please be prepared to answer some questions about your business plan, any previous banking history, and your computer security. We take cyber-security very seriously and we want to stress how important that is for you as well.
We will also require additional information depending on how your business is organized.
Sole Proprietor/DBA (Doing Business As)
- Social Security Number of the owner or the Business Tax Identification Number
Corporation
- Business Tax Identification Number
- Articles of Incorporation
- Corporate Resolution
- Indicates officers and who has the authority to open bank accounts and what role on that account they should have
LLC
- Business Tax Identification Number
- Articles of Organization
- Corporate Resolution will also be required if authorized signers and/or officers are not indicated in the Articles of Incorporation
Partnership
- Business Tax Identification Number
- Partnership Agreement
- Indicates name of business and partners
- Partnership Resolution
Non-profit Corporation
- Business Tax Identification Number
- Articles of Incorporation
- Corporate Resolution
- Indicates officers and who has the authority to open bank accounts and what role on that account they should have
- Tax-exempt status paperwork (i.e. 501(c)(3), 501(a), etc.)
Miscellaneous
Association/Lodge
- Business Tax Identification Number
- Articles of Organization/Incorporation/Agreement
Memorial Account
- Business Tax Identification Number
- Articles of Organization/Incorporation/Agreement
Performance Bond
- Business Tax Identification Number
- Articles of Organization/Incorporation/Agreement
Public Funds
- Business Tax Identification Number
- Articles of Organization/Incorporation/Agreement
