Torrington Savings Banks

Torrington, United States Founded: 1868 • Age: 158 yrs
Provides banking services including accounts, loans, and online tools for individuals and businesses.
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About Torrington Savings Banks

Torrington Savings Banks is a company based in Torrington (United States) founded in 1868. It operates as a B2C, and B2B. Torrington Savings Banks offers products and services including Checking Accounts, Mortgage Loans, Online Banking, Savings Accounts, and Business Loans. Torrington Savings Banks operates in a competitive market with competitors including Salem Five Bank, Territorial Savings Bank, Spencer Savings Bank, Gorham Savings and Cullman Savings Bank, among others.

  • Headquarter Torrington, United States
  • Sectors
    Financial Services
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Torrington Savings Bank
Operational Areas
Financial Services → Insurance & Risk Management
Business Services → Business & Productivity Software
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Torrington Savings Banks

Torrington Savings Banks offers a comprehensive portfolio of products and services, including Checking Accounts, Mortgage Loans, Online Banking, Savings Accounts, and Business Loans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Accounts for daily transactions and payments with online access.

Financing options for home purchases and refinancing needs.

Platform for managing accounts and payments remotely.

Accounts to build savings with interest and digital tools.

Funding for business operations and growth initiatives.

People of Torrington Savings Banks
Headcount 50-200
Employee Profiles 36
Employee Profiles
People
Michael Brown
Senior Vice President, Human Resources
People
Amber Scouller
Assistant Manager
People
Veena Ibek
Vice President, Operations Manager
People
Wady Guadalupe
Community Development Loan Originator

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Funding Insights of Torrington Savings Banks

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Torrington Savings Banks

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Torrington Savings Banks

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Torrington Savings Banks Comparisons

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Competitors of Torrington Savings Banks

Torrington Savings Banks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Salem Five Bank, Territorial Savings Bank, Spencer Savings Bank, Gorham Savings and Cullman Savings Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Offers personal and business banking, loans, mortgages, and insurance services.
domain founded_year HQ Location
Savings bank
domain founded_year HQ Location
Savings Bank
domain founded_year HQ Location
Provides checking, savings, loans, and online banking for individuals and businesses in Maine.
domain founded_year HQ Location
Savings and loan services are provided in Cullman, United States.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Torrington Savings Banks

Frequently Asked Questions about Torrington Savings Banks

When was Torrington Savings Banks founded?

Torrington Savings Banks was founded in 1868.

Where is Torrington Savings Banks located?

Torrington Savings Banks is headquartered in Torrington, United States. It is registered at Torrington, Connecticut, United States.

What does Torrington Savings Banks do?

Torrington Savings Bank is a community-focused financial institution based in Connecticut, offering a range of services such as checking and savings accounts, mortgages, loans, and digital banking tools. It serves personal and business clients through online platforms and local branches, emphasizing financial education and security. The bank focuses on local communities, providing resources for financial management and promoting literacy programs.

Who are the top competitors of Torrington Savings Banks?

Torrington Savings Banks's top competitors include Territorial Savings Bank, Cullman Savings Bank and Spencer Savings Bank.

What products or services does Torrington Savings Banks offer?

Torrington Savings Banks offers Checking Accounts, Mortgage Loans, Online Banking, Savings Accounts, and Business Loans.

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