Our 160 Litchfield Road, Harwinton Branch is currently closed for walk-in service.
All other branch lobbies and all drive-up windows are open during normal business hours.
When visting a Thomaston Savings Bank office, please help us keep each other safe and stop the spread of COVID-19 by following these guidelines during your visit:
If you are currently experiencing financial hardship as a result of COVID-19, please call us at 855.344.1874 so we can tailor a solution to help with your specific situation.
On December 27, 2020 new COVID-19 relief legislation was signed into law that provides for another round of stimulus payments to individuals. Here are answers to frequently asked questions about the second round of stimulus payments.
To check the status of your payment, visit the IRS Get My Payment website. The IRS Get My Payment website allows you to confirm:
The exact date you receive your payment may vary and is due to a number of factors, including the method of delivery or whether the account information the IRS has on file for you is current.
For additional information about stimulus payments, you may also want to visit the IRS Economic Impact Payments website.
Tax filers with adjusted gross income up to $75,000 for individuals, up to $112,500 for heads of households, and up to $150,000 for married couples filing joint returns will receive the payment.
Eligible taxpayers who filed tax returns for either 2019 or 2018 will automatically receive an economic impact payment of up to $600 for individuals or $1,200 for married couples and up to $600 for each qualifying child.
For filers with income above those amounts, the payment amount is reduced by $5 for each $100 above the respective income thresholds noted above.
Social Security recipients and railroad retirees who are otherwise not required to file a tax return are also eligible and will not be required to file a return.
Single filers with income exceeding $87,000 and $174,000 for joint filers with no children are not eligible.
For the first round of stimulus payments, non-filers could register online through the IRS to receive payment. At this time, the IRS has not reopened this process. We expect more information from the IRS on this topic very soon.
The IRS has already processed payments eligible for direct deposit. If the IRS did not have your direct deposit information on file, you should expect to receive your payment by check in the mail sometime during the month of January 2021.
Generally, if your account is closed and you do not have another deposit account open with us, your EIP direct deposit will be returned to the U.S. Treasury. The U.S. Treasury will then mail a paper check to you.
If your account is closed and you still have another open deposit account with us, we may reroute your EIP direct deposit into the open deposit account.
If your account is overdrawn at the time the payment posts to your account, the direct deposit will automatically reduce your overdrawn balance and any remaining funds will be available to you for withdrawal. If you need access to the entire amount of your payment, please call us at 855.344.1874 for assistance.
Fraudsters have been targeting COVID-19 relief programs. We encourage you to exercise caution opening emails and clicking on links, and do not provide personal information over the phone, by email, or through unfamiliar websites. Scroll down to the Avoid Scams and Protect Your Money section of this page for a list of common scams related to the COVID-19 pandemic.
The way you save or spend your stimulus payment should depend on your current financial situation. Check out this CNBC Make It article for some ideas. As always, we are here for you so please call or visit us to talk about how we can help you make the most of this money.
Thomaston Savings Bank offers several alternate banking solutions for those that wish to avoid public places or cannot visit us in person during this time, including:
Unfortunately, fraudsters are finding ways to take advantage of fears related to the coronavirus. Learn about the common scams and what you can do to protect yourself.
During a time of economic uncertainty, it is natural to be concerned about the safety of your hard-earned money. Thomaston Savings Bank is a member of the Federal Deposit Insurance Corporation (FDIC). Since the FDIC was founded in 1933, no depositor has ever lost a penny of FDIC-insured funds. Today, the FDIC insures up to $250,000 per depositor per FDIC-insured bank. An FDIC-insured account is the safest place for you to keep your money.
It is important to seek information from official and well-supported sources. Here are some resources for your reference: