Business Checking
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.
Interested in opening a deposit account?
Free Business Checking
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:
- $100 deposit opens your account (no minimum balance required thereafter)
- No monthly service fee
- Includes 500 free transactions per monthly statement cycle ($0.25 per item beyond 500)
- Online Banking and Mobile Banking with Bill Pay
- Business Visa Debit Card
- eStatements
- Access remote deposit capture and wire transfer for a minimal fee
- Surcharge-free MoneyPass® ATMs nationwide
Open an account at your nearest branch.
Commercial Checking
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.
- Online Banking and Mobile Banking with Bill Pay
- eStatements
- Access remote deposit capture and wire transfer for a minimal fee
- Surcharge-free MoneyPass® ATMs nationwide
Open an account at your nearest branch.
Non-Profit Checking
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:
- Visa® Debit Card to make ATM withdrawals and in-store and online purchases everywhere Visa is accepted
- Online Banking with Bill Pay
- Mobile Banking with Mobile Deposit
- eStatements
- Surcharge-free MoneyPass® ATMs nationwide
Open an account at your nearest branch.
Sweep Accounts
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 account each night.
Open an account at your nearest branch.
IOLTA (Interest on Lawyers Trust Accounts)
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.
- No monthly maintenance service charge
- No wire transfer service charges
- Competitive interest rate
- Convenient Online Banking and Cash Management services
Open an account at your nearest branch.
IOREBTA (Interest on Real Estate Brokers Trust Account)
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.
- No monthly maintenance service charge
- Competitive interest rate
- Convenient Online Banking and Cash Management services
Open an account at your nearest branch.
Routing #: 211174259