Thomaston Savings Bank offers a money in the bank opportunity that has the best interest rates with their savings account called Tenant Security Passbook Savings. This high interest savings account lets you earn an interest rate of 1.51% APY when you open an account and deposit a minimum of $25. You must maintain a daily average balance of at least $5 to earn this best savings account rate.

This money in the bank deal offers you the flexibility of unlimited deposits. You can also make unlimited withdrawals if it is made in person or through ATM. The bank allows you to transfer funds to up to 6 times per statement cycle but this needs to be done through automatic, check, pre-authorized, or phone.

You are given the privilege to track the history of your account through your passbook or through your monthly statements. You can take advantage of their other benefits like signing up through online banking, so that you can check your account anytime you need to. You can even make online bill payments and view your monthly statement. Please remember that once your savings account is opened the interest rate may change, so make sure to contact the bank and ask for their most current savings account rate.

It appears that you will have to visit the bank’s branch in order to open an account. Remember to bring identification documents like driver’s license, social security card, passport, or state issued ID since the bank will be requesting for it. Take note that the identification that you will submit must show your current address. Thomaston Savings Bank has branches located in the cities of of Waterbury, Bethlehem, Thomaston, Terryville, Middlebury, and Harwinton in the state of Connecticut. You can contact the bank if your still have questions about their savings account at 860-283-1874.

Thomaston Savings Bank has been providing financial services to its customers since 1874. The bank is also a member of the Federal Deposit Insurance Corporation and has a certificate number 18258.