Bank · FDIC insured
Torrington Savings Bank CD Rates
Torrington Savings Bank’s best CD rate is 4.25% APY on an 11-month CD. Terms run from 3 months to 5 years. Rates checked October 22, 2026.
How Torrington Savings Bank’s CD rates compare
Compared with banks and credit unions near Torrington, CT, where Torrington Savings Bank has the most branches. $10,000, best rate first.
This bank’s best
Torrington Savings Bank
4.25%APY
- Term
- 11 months
- Minimum
- $10,000
- Earns on $10,000
- $389
Special CDs
2nd-highest rate
Northwest Community Bank
4.20%APY
- Term
- 21 months
- Minimum
- $500
- Earns on $10,000
- $747
3rd-highest rate
Union Savings Bank
4.07%APY
- Term
- 13 months
- Minimum
- $1,000
- Earns on $10,000
- $442
Torrington Savings Bank CD score
89
CD score
Higher than 89% of U.S. banks and credit unions
- 3–8 months3–8 mo4.10%
- 9–15 months9–15 mo4.25%
- 16–30 months16–30 mo3.50%
- 31–60 months31–60 mo3.50%
- QualifiedQualified4.25%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Torrington Savings Bank ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Special CDs
Up to 4.25%APY · 2 terms
Interest is compounded daily or from day of deposit to day of withdrawal and credited monthly. Substantial interest penalty for early withdrawal. Premium CDs must be opened with new money (money not currently on deposit with Torrington Savings Bank).
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 7 monthsEarly withdrawal penalty is 3 months simple interest | 4.05% | $234 |
| 7 monthsPremium CD; must be opened with new money (money not currently on deposit with Torrington Savings Bank). Early withdrawal penalty is 3 months simple interest | 4.10% | $237 |
| 11 monthsEarly withdrawal penalty is 3 months simple interest | 4.15% | $380 |
| 11 monthsPremium CD; must be opened with new money (money not currently on deposit with Torrington Savings Bank). Early withdrawal penalty is 3 months simple interest | 4.25% | $389 |
Sources (2)
All captured Oct 22, 2026
Certificates of Deposit (CD)
Up to 3.55%APY · 14 terms
$1,000 minimum deposit to open. Terms from 3 to 60 months. Interest is compounded daily and credited monthly and may be withdrawn before maturity. Early withdrawal penalty: for terms from 3 months to 1 year, penalty is 3 months simple interest; for terms of more than one year, penalty is 6 months simple interest.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 monthsEarly withdrawal penalty is 3 months simple interest | 2.85% | $71 |
| 5 monthsEarly withdrawal penalty is 3 months simple interest | 2.90% | $120 |
| 6 monthsEarly withdrawal penalty is 3 months simple interest | 2.95% | $146 |
| 9 monthsEarly withdrawal penalty is 3 months simple interest | 3.00% | $224 |
| 12 monthsEarly withdrawal penalty is 3 months simple interest | 3.10% | $310 |
| 13 monthsEarly withdrawal penalty is 6 months simple interest | 0.25% | $27 |
| 15 months | 3.55% | $446 |
| 18 monthsEarly withdrawal penalty is 6 months simple interest | 3.40% | $514 |
| 21 monthsBump Up CD. Early withdrawal penalty is 6 months simple interest | 3.40% | $603 |
| 24 monthsEarly withdrawal penalty is 6 months simple interest | 3.50% | $712 |
| 30 monthsEarly withdrawal penalty is 6 months simple interest | 3.50% | $898 |
| 36 monthsEarly withdrawal penalty is 6 months simple interest | 3.50% | $1,087 |
| 48 monthsEarly withdrawal penalty is 6 months simple interest | 3.50% | $1,475 |
| 60 monthsEarly withdrawal penalty is 6 months simple interest | 3.50% | $1,877 |
Sources (1)
- torringtonsavings.bank/certificates-of-deposit · captured Oct 22, 2026
Special-purpose accounts
IRA Certificates of Deposit (CD)
Up to 3.55%APY · 14 terms
Interest is compounded from day of deposit to day of withdrawal and is credited monthly. Substantial interest penalty for early withdrawals from IRA Certificates of Deposit. Penalty is 3 months simple interest for terms from 3 months to 1 year; 6 months simple interest for terms over 1 year. No penalty for early withdrawal over 59 1/2 years of age. Available as Traditional or Roth IRA.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 monthsEarly withdrawal penalty is 3 months simple interest on amount withdrawn; no penalty over 59 1/2 years of age | 2.85% | $71 |
| 5 monthsEarly withdrawal penalty is 3 months simple interest on amount withdrawn; no penalty over 59 1/2 years of age | 2.90% | $120 |
| 6 monthsEarly withdrawal penalty is 3 months simple interest on amount withdrawn; no penalty over 59 1/2 years of age | 2.95% | $146 |
| 9 monthsEarly withdrawal penalty is 3 months simple interest on amount withdrawn; no penalty over 59 1/2 years of age | 3.00% | $224 |
| 12 monthsEarly withdrawal penalty is 3 months simple interest on amount withdrawn; no penalty over 59 1/2 years of age | 3.10% | $310 |
| 13 monthsEarly withdrawal penalty is 6 months simple interest on amount withdrawn; no penalty over 59 1/2 years of age | 0.25% | $27 |
| 15 monthsEarly withdrawal penalty is 6 months simple interest on amount withdrawn; no penalty over 59 1/2 years of age | 3.55% | $446 |
| 18 monthsEarly withdrawal penalty is 6 months simple interest on amount withdrawn; no penalty over 59 1/2 years of age | 3.40% | $514 |
| 21 monthsBump Up CD. Early withdrawal penalty is 6 months simple interest on amount withdrawn; no penalty over 59 1/2 years of age | 3.40% | $603 |
| 24 monthsEarly withdrawal penalty is 6 months simple interest on amount withdrawn; no penalty over 59 1/2 years of age | 3.50% | $712 |
| 30 monthsEarly withdrawal penalty is 6 months simple interest on amount withdrawn; no penalty over 59 1/2 years of age | 3.50% | $898 |
| 36 monthsEarly withdrawal penalty is 6 months simple interest on amount withdrawn; no penalty over 59 1/2 years of age | 3.50% | $1,087 |
| 48 monthsEarly withdrawal penalty is 6 months simple interest on amount withdrawn; no penalty over 59 1/2 years of age | 3.50% | $1,475 |
| 60 monthsEarly withdrawal penalty is 6 months simple interest on amount withdrawn; no penalty over 59 1/2 years of age | 3.50% | $1,877 |
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.