Thomaston Savings Bank is your community bank — helping you and the businesses of this area succeed is our primary focus. Thomaston Savings Bank is here to support your success with hassle-free checking that will make managing your business finances easy. You’ll save time and money with one of our checking accounts, all with robust features and supported by a service team that’s right here. After all, we’re here for you.
A Thomaston Savings Bank Free Business Checking account is perfect for customers with moderate account activity and offers the following benefits so you can bank and go:
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If your business has a higher balance, you can use that balance to help offset monthly fees and regularly accruing charges in whole or in part. Cash management services, including remote deposit capture, ACH origination, and wire transfer origination, are available with this account. A Thomaston Savings Bank Commercial Checking account comes with a Visa® Debit Card to make ATM withdrawals and to make in-store and online purchases everywhere Visa is accepted.
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Non-profit organizations, associations, and municipalities have special needs. A Thomaston Savings Bank Non-Profit Checking account is designed to help those based in our community get the most from their money. Open this account with a low minimum deposit.
A Thomaston Savings Bank Non-Profit Checking account includes these great benefits:
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Save time spent on managing your business funds with a Thomaston Savings Bank Sweep account. Set a target balance for your operating account and we’ll automatically sweep excess collected funds into a higher-earning savings or money market account each night.
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Created by the CT Legislature, the IOLTA program requires CT attorneys to deposit client funds into interest bearing accounts. Interest earned is automatically transferred to the Connecticut Bar Foundation and used to provide funding for legal services to low-income individuals and scholarships for law students.
Thomaston Savings Bank is designated a Leadership Bank by the Connecticut Bar Foundation. We achieve this honor year-after-year because we pay one of the highest interest rates on IOLTA balances, in addition to waiving service fees, to provide additional funding for legal aid in CT.
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Created by the CT Legislature, the IOREBTA program requires CT Real Estate Brokers to deposit funds held in escrow into interest bearing accounts. Interest earned is automatically transferred to the CT Housing Finance Authority (CHFA) and used to provide mortgage assistance to low- and moderate-income families.
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