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Unfortunately, our Falls Village branch is temporarily closed today (August 24th) due to a power outage. Please visit one of our nearby branches or bank virtually anywhere with our TSB mobile app or Online Banking. We thank you for your patience.
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    TSB Investments logo Chris Profile photo

    Torrington Savings Bank Adds Investment Services and Appoints New Financial Advisor

    Photos of E.J. D'Ettore & Ryan Lynch

    TSB Grows Commercial Banking Team with Appointment of New Officers

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    TSB Investments logo Chris Profile photo

    Torrington Savings Bank Adds Investment Services and Appoints New Financial Advisor

    Photos of E.J. D'Ettore & Ryan Lynch

    TSB Grows Commercial Banking Team with Appointment of New Officers

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Home Equity Rates

Home Equity Loans

Effective Date: May 9, 2025

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Rate APR
Home Equity Loan – 20 Year TEST TEST
Home Equity Loan – 15 Year 4.625 4.625
Home Equity Loan – 10 Year 4.250 4.250
Home Equity Loan – 5 Year 3.625 3.625
Home Equity 100 – 20 Year 6.250 6.250
Home Equity 100 – 15 Year CHANGE 10/27 for TIMEOUT TESTING 6.250 6.250
Home Equity 100 – 10 Year 6.250 6.250
Home Equity 100 – 5 Year 6.250 Test 6.250

Home Equity Loan Details

Homeowners insurance is required; flood insurance may be required. Properties listed for sale are not eligible for this program. Loan must be secured by a first or second lien on primary residences. Properties with underground fuel storage tanks are not eligible. Rates reflect discount for Auto-Pay from a Torrington Savings Bank Account. Add .25% to rates quoted, if waiver of Auto-Pay is granted. Auto-Pay from a Torrington Savings Bank Account is mandatory on all Home Equity 100 products. Consult with your tax advisor to learn more about the potential for a tax deduction on the interest. Home Equity Loans are not eligible for remote closings. If your loan is approved, you will need to schedule a convenient time to sign the loan documents in a TSB branch. Not all borrowers will qualify to borrow up to 100% of the value of their home; contact us for details.

Home Equity Line of Credit

Effective Date: May 9, 2025

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RatePrime Rate as published in the Wall Street Journal -0.500% (HELOC rate currently 2.750%), subject to change
PaymentMinimum monthly payment will be based on interest due
Term10 years draw period followed by a 15 year amortized repayment period
Learn More

Home Equity Line of Credit Details

Annual fee after the 1st year is $35. Maximum LTV is 80%. Homeowners insurance is required; flood insurance may be required. Home Equity Loans are not eligible for remote closings. If your loan is approved, you will need to schedule a convenient time to sign the loan documents in a TSB branch.

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