# Thomaston Savings Bank

> **Canonical URL:** https://saferate.com/lenders/thomaston-savings-bank

> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible

Thomaston Savings Bank is a bank, headquartered in Thomaston, CT, with 230 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 18% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 29% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300JBZ3MK7Z4FI764
- **Headquarters:** Thomaston, CT
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** CT
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 82/100
- Rating: ●●●●● (5/5)

### Pull Through: Strong 😀
- Score: 71/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.034%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,059
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 230
- **Dollar Volume:** $76 million
- **Applications Received:** 302
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $330,435
- **Average Borrower Income:** $148,704

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (71%)
- ⭐ **Purchase Gold Superstar** (71%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 60/100 | 220 | +0.024% | $1,038 | Sound ☺️ |
| FHA | 50/100 | 10 | +0.495% | $1,994 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 189 loans, Score: 58/100 (Sound)
- Refinance: 31 loans, Score: 52/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 57/100 | 199 | $67M | -0.015% | Sound ☺️ |
| Refinance | 50/100 | 31 | $9M | +0.315% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| CT | 230 | 0.67% | 81/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Waterbury | CT | 130 | 90/100 |
| Non |  | 53 | 48/100 |
| Hartford | CT | 34 | 60/100 |

## Frequently Asked Questions

### What loan types does Thomaston Savings Bank offer?

Thomaston Savings Bank offers the following mortgage loan types: FHA, Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Thomaston Savings Bank offer mortgages?

Thomaston Savings Bank offers mortgages in 1 states: CT.

### How competitive are Thomaston Savings Bank's mortgage rates?

Thomaston Savings Bank has a pricing score of 82/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.034% above market average.

### What type of lender is Thomaston Savings Bank?

Thomaston Savings Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Thomaston, CT.

### What is Thomaston Savings Bank's loan approval success rate?

Thomaston Savings Bank has a pull-through score of 71/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/thomaston-savings-bank

### How to Cite

> "Thomaston Savings Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/thomaston-savings-bank

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