Thomaston Savings Bank is a bank based in Thomaston, Connecticut, established in 1874, with $1.9 billion in total assets across 16 branches. By Trust Grade it ranks 15th of 28 banks we track in Connecticut. Its capital ratio of 9.2% trails most similarly sized banks (28th percentile), versus a Connecticut median of 10.2%. It was profitable over the most recent period, with a 1.04% return on assets. No consumer complaints against Thomaston 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 Thomaston Savings Bank compares to Connecticut peers
How we graded Thomaston Savings Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.2% capital ratio)
- Strongly profitable (ROA 1.04%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Thomaston Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (16)
- 203 Main St, Thomaston, CT 06787
- 203 Main St, Terryville, CT 06786
- 565 Main St, Watertown, CT 06795
- 160 Litchfield Rd, Harwinton, CT 06791
- 73 Main St S, Bethlehem, CT 06751
- 508 S Main St, Thomaston, CT 06787
- 985 Watertown Ave, Waterbury, CT 06708
- 1655 Straits Tpke, Middlebury, CT 06762
- 824 Highland Ave, Waterbury, CT 06708
- 40 Middle St, Bristol, CT 06010
- 461 Main St, Oakville, CT 06779
- 120 Farmington Ave, Bristol, CT 06010
- 669 Wolcott Rd, Wolcott, CT 06716
- 155 Scott Swamp Rd, Farmington, CT 06032
- 2 S Main St, Unionville, CT 06085
- 233 Main Street, New Britain, CT 06052
Are deposits at Thomaston Savings Bank insured?
Yes. Thomaston Savings Bank is an FDIC-insured bank (FDIC certificate #18258). 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.
Thomaston Savings Bank: frequently asked questions
Is Thomaston Savings Bank a good bank?
Thomaston 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 (9.2% capital ratio); Strongly profitable (ROA 1.04%).
Is Thomaston Savings Bank FDIC-insured?
Yes. Thomaston Savings Bank is a FDIC-insured bank (FDIC certificate #18258). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Thomaston Savings Bank?
Thomaston Savings Bank holds $1.9 billion in total assets, ranking 15th of 28 banks we track in Connecticut. It operates 16 branches.
Does Thomaston Savings Bank have CFPB complaints?
No CFPB complaints against Thomaston 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.
