Thomaston Savings Bank
FDIC #18258
📍 Thomaston, Connecticut
Thomaston Savings Bank is a commercial bank (si) established in 10/01/1874. With assets of $1.76 Billion, it operates 16 domestic branches.
Customer Reviews
N/A ★
Based on 0 ratings
Write a Review
Reviews are moderated before posting. No profanity or personal attacks.
No reviews yet.
Community Reinvestment Act (CRA) Rating
Latest Exam: October 1, 2023
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
October 1, 2023
Satisfactory
November 1, 2019
Satisfactory
August 1, 2016
Satisfactory
💰 Financial Strength
Total Assets$1.76 Billion
Total Deposits$1.55 Billion
Equity Capital$107.78 Million
Net Income$9.14 Million
📈 Performance
ROA0.72%
ROE11.26%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established10/01/1874
FDIC Cert18258
Holding CoN/A
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:30 AM - 4:00 PM
Tuesday8:30 AM - 4:00 PM
Wednesday8:30 AM - 4:00 PM
Thursday8:30 AM - 6:00 PM
Friday8:30 AM - 5:00 PM
Saturday8:30 AM - 12:00 PM
SundayClosed
📜 Institutional History
2021
Name Change
Name became: Changed Institution Name To Thomaston Savings Bank.
1993
Relocation
Moved HQ to: 203 Main Street, Thomaston, CT 06787.
1990
Name Change
Name became: Changed Institution Name To Thomaston Savings Bank.